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Novo Nordisk chair touts OTC future for Wegovy as top investor tightens grip
New Novo Nordisk chair Lars Rebien Sorensen plans to add pharma and OTC expertise after a board shake-up that sparked governance concerns.
Musk the trillionaire? Debate over his Tesla pay package rages
Tesla shareholders will vote on Elon Musk’s record $1 trillion pay package as critics cite excess and supporters call him indispensable to Tesla’s future.
Tesla grants Musk $29B in stock after court setback
Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package. The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted […]
Kohl’s ousts CEO Buchanan after investigation into some vendor transactions
Kohl’s has fired CEO Ashley Buchanan over undisclosed vendor conflicts. Chairman Michael Bender takes over as interim CEO during ongoing leadership search.
Is ESG another CRT?
In January, Virginia Attorney General Jason Miyares joined a group of 24 other state attorneys general in challenging a U.S. Department of Labor rule allowing fiduciaries to consider environmental, social and corporate governance (ESG) criteria such as climate change in making investment decisions for retirement funds. The AGs argued that ESG practices work against investment […]
