Tag: Management

SEC’s efforts to rein in Elon Musk’s tweets have been largely toothless

WASHINGTON — The Securities and Exchange Commission has tried for several years to get Elon Musk to behave more like a typical corporate leader. It hasn’t worked. The SEC sued Musk and Tesla Inc.  TSLA, -3.01%  in 2018 over tweets the regulator deemed fraudulent, settling the case for a combined $40 million and changes to the company’s corporate […]

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Microsoft directors wanted Gates to quit board over inappropriate relationship

Microsoft Corp. board members decided that Bill Gates needed to step down from its board in 2020 as they pursued an investigation into the billionaire’s prior romantic relationship with a female Microsoft employee that was deemed inappropriate, people familiar with the matter said. Members of the board tasked with the matter hired a law firm […]

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AstraZeneca CEO Pascal Soriot narrowly wins vote on pay raise

A large minority of AstraZeneca AZN, -0.51% AZN, +0.68% shareholders opposed Chief Executive Pascal Soriot’s pay package at their annual meeting on Tuesday, following investor advisers and fund managers who had criticized the company’s compensation plans. Investors holding only 60.19% of the shares voted for the measure, with 39.8% opposing it. Soriot will see his […]

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