Long-Term Incentive Pay Archives - CompanyIQ https://www.mylogiq.com/archives/tag/long-term-incentive-pay CompanyIQ Tue, 14 May 2024 19:26:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://www.mylogiq.com/wp-content/uploads/2022/02/cropped-favicon-32x32.png Long-Term Incentive Pay Archives - CompanyIQ https://www.mylogiq.com/archives/tag/long-term-incentive-pay 32 32 Paramount Faces Golden Parachute Clash as CEO Steps Down https://www.mylogiq.com/archives/4580 Fri, 10 May 2024 19:15:00 +0000 https://www.mylogiq.com/?p=4580 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

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]]> 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 exit packages should lead boards to review their own executives’ severance plans.

…Some 21 Russell 3000 companies have proposals on golden parachutes up for a vote this year, according to data from public company intelligence provider MyLogIQ. That’s about half the number of proposals from last year but still far above historical averages.

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