corporate-governance
Top StoriesExclusive-UN-backed Bank Group Seeks to Avoid Departures With New Climate Guidelines
Top StoriesGrifols’ Shares Tumble as Restructuring Costs Hit Annual Profit
Top StoriesCovestro Cancels Dividend After Lower Earnings in Challenging 2023
Top StoriesAbb Picks Electrification Chief Wierod as CEO
Citigroup Raises CEO Jane Fraser’s 2023 Pay by 6% to $26 Million
Date: February 21, 2024
Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million By Tatiana Bautzer (Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lender said in a filing on Tuesday. Her pay was comprised of a base salary of $1.5 million, cash bonus of $3.7...
Dialysis Firm Fmc Sees Robust 2024 Earnings Growth After Strong Q4
Date: February 20, 2024
Dialysis firm FMC sees robust 2024 earnings growth after strong Q4 GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnings to grow by a mid- to high-teens percentage this year, after the German dialysis specialist’s fourth-quarter earnings topped market expectations. Last year, the company’s adjusted operating income increased by 15% to 1.7...
E&’s CEO Hatem Dowidar Joins Vodafone’s Board
Date: February 14, 2024
E&’s CEO Hatem Dowidar joins Vodafone’s board LONDON (Reuters) – The chief executive of Abu Dhabi telecoms group E&, Hatem Dowidar, will join Vodafone’s board later this month as a non-executive director after the British company said it had received the necessary regulatory approvals. E& is Vodafone’s biggest shareholder, with a 14.6% stake, and the...
Novo Nordisk’s Controlling Shareholder Plans to Invest up to $7 Billion a Year by 2030 – Ft
Date: February 12, 2024
Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT (Reuters) – Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest up to $7 billion annually by 2030, the Financial Times reported on Monday. Kasim Kutay, chief executive of Novo Holdings, told the...
Siemens Investors Call for Further Unbundling of the Group
Date: February 7, 2024
Siemens investors call for further unbundling of the group By John Revill ZURICH (Reuters) – Two of Siemens’s largest investors have called for the German engineering group to simplify its operations by cutting its investments at Siemens Energy and Siemens Healthineers. Union Investment, a German fund manager with just under 1% stake in Siemens, and...
Aston Martin Is Hunting for a New CEO – Bloomberg News
Date: February 6, 2024
Aston Martin is hunting for a new CEO – Bloomberg News (Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Felisa as its chief executive officer, Bloomberg News reported on Tuesday, citing people familiar with the matter. Aston Martin declined to comment on the...