Paramount Faces Golden Parachute Clash as CEO Steps Down

Departing Paramount Global CEO Bob Bakish’s exit package is estimated to top $50 million, highlighting a stockholder proposal up for a vote this spring that, if adopted, would require shareholder approval of golden parachutes. Shareholders are targeting nearly two dozen Russell 3000 companies with similar proposals this proxy season, and observers said investors’ focus on… Continue reading Paramount Faces Golden Parachute Clash as CEO Steps Down