An advisory firm that counsels the largest institutional investors on how to vote at shareholder meetings is recommending investors support Warner Bros. Discovery’s $77.7 billion acquisition by Paramount Skydance but is against a golden-parachute proposal that would see executives collect a total of $1.35 billion after the deal goes through. In a report issued on…
A striking new story is taking shape in corporate America. Some of the most recognizable Fortune 500 CEOs are stepping down as AI becomes a defining question about what kind of executive is best suited to lead the next phase of the business. That reflects a meaningful shift. For years, AI was treated as one…
The moonshot compensation packages awarded to executives like Tesla CEO Elon Musk, Axon CEO Rick Smith, and DoorDash CEO Tony Xu in recent years have followed a predictable script: They promise astronomical pay if the leader of a company hits audacious financial targets. The idea behind moonshot pay is that conventional salaries and bonuses don’t…