Archive for the 'Gold Stars' Category

A few weeks ago, we poked at Amazon (AMZN) CEO Jeff Bezos for needing $1.6 million worth of security protection that the company paid for and deemed “especially reasonable” given the CEO’s low salary. So it was nice to flip through the proxy that Dell (DELL) filed last night and read this: Mr. Dell reimburses the [...]

Add Nike (NKE) to the growing list of companies that have adopted formal policies letting them claw back executive pay if things go badly wrong. And add it to the almost equally long list of those whose clawback policies risk being meaningless, either because they’re too narrow or too vague. At Nike, the new policy [...]

When a chief executive’s contract is renewed, we tend to see pay rise, perks expand and change-in-control provisions become more generous. So we admit to being a little surprised when we saw the new agreement City National (CYN) inked with its chairman and CEO, Russell Goldsmith. The agreement was disclosed in an 8-K filed on [...]

The filings are pouring in fast and furiously today, but the footnoted staff is taking time out to share some celebratory news that’s definitely worth a gold star… maybe even two! We’ve come across several companies that are eliminating one of the grossest perks out there – the tax gross-up. Anyone who wades through proxies [...]