GOOD GAME, plus director Hall of Famers and directors with the MOST RESTATEMENTS
GOOD GAME
ISS recommends shareholders vote against BlackRock CEO's pay proposal
The proxy advisor said Fink's pay package totaling roughly $27 million for the year is higher than the industry's median pay for CEOs. "While the majority of equity awards are based on clearly disclosed multi-year goals that appear reasonably rigorous, there are significant concerns regarding the process used to determine annual cash incentive awards," ISS said in a report.
Sustainability Activists Take Aim at Disposable Hotel Slippers
Walmart's CEO made 976 times the median employee's pay last year
rate the idea that this is actually a headline now
Glass Lewis endorses 6 Ancora nominees
Vote against CEO/Chair; ISS too now, but slightly different
Portland State University ‘pauses’ Boeing donations amid student protests
$150,000
UAW and Daimler Truck reach last-minute deal to hike pay by more than 25%, avoiding potential strike of over 7,000 workers
including profit-sharing
American Airlines will reduce service on these 12 routes from the U.S. to Europe in Boeing fallout
is this Boeing's secret war against climate change?
A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
Airlines are going to start giving out automatic refunds for delayed or canceled flights
Facebook cofounder accuses Tesla of being the next 'Enron'
Elon's response on Twitter: "what a retard"
DAMION1
US Companies with most Hall of Fame Directors
Adobe: 5 (42%)
Tie:
Deckers Outdoor Corporation: 5 (50%)
KLA Corporation: 5 (50%)
Nordson Corporation: 5 (50%)
Inter Parfums: 5 (56%)
Brookfield Infrastructure Corporation: 5 (63%)
Brookfield Renewable Corporation: 7 (70%)
Jeffrey Blidner is on both Brookfields
Sits on six Brookfield boards:
Brookfield Business Corp
Brookfield Corporation
BROOKFIELD INFRASTRUCTURE CORPORATION
BROOKFIELD INFRASTRUCTURE PARTNERS L.P.
BROOKFIELD RENEWABLE CORPORATION
Brookfield Renewable Partners L.P.
ARI1
Current directors on a US board that have the highest instances of financial restatements
Data as far back as 2014
FIRST PLACE is a tie between
Perry Traquina (10)
Has restated financials TEN TIMES. Half at EBAY and the other half at Allstate, most recently in 2022 at Allstate.
EBAY has finally chilled restating their financials in the last couple of years after going strong 6 out of 7 years (2020 last)
Thomas Hagerty (10)
4 of his restatements came from Fidelity, where he has been on the board since 2005
THIRD PLACE
William Foley (8)
Chair of Fidelity himself, knows Thomas Hagerty from here but also from industrials company Dun & Bradstreet
He is tied WITH ANOTHER WILLIAM - William Kennard (8)
AT&T(2) and Metlife (4) Duke Energy (2)
FIFTH PLACE - our fifth dude
Fred Anderson (7)
Currently at Yelp (1) but is also an EBAY restatements alum!!
HONORABLE MENTION:
SINGLE BOARDER, OUTSIDE THE US, Jun Wang from Aluminum Corporation of China Limited. HAD A RESTATEMENT STREAK from 2014-2022. I was disappointed to learn he is no longer on the board, I wanted to see how restating last year’s financials would play out.