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U.K. money management staff increases 3.4% in 2013 — report
trueThe number of staffers employed by U.K.-headquartered money management firms increased 3.4% to 31,800 employees for the year ended Dec. 31, said the Investment Management Association.
Harvard endowment compensation sparks letter from alumni
trueA group of alumni that has previously criticized Harvard University for how much it pays its endowment managers is again finding fault after compensation more than doubled in three years at the university's investment arm.
Say-on-pay support flat from 2013
trueCompanies won an average 90% level of shareholder support for the compensation of their CEOs and other top executives in say-on-pay voting this year through June 30, said a Towers Watson report released Wednesday based on the findings of 2,168 companies in the Russell 3000.
Towers Watson: Executive compensation support unchanged so far in 2014
trueSeventy-three percent of companies won at least 90% of the shareholder vote in support of their executive compensation practices based on results of 2,132 companies in the Russell 3000 index reporting results this year through June 20
Towers Watson: Executive compensation support up slightly this year
trueSeventy-four percent of companies achieved at least 90% of the shareholder vote in support of their executive compensation practices, up from 73% in all of last year, according to a Towers Watson report, based on voting results of 1,452 companies in the Russell 3000 stock index reporting through ...
McDonald's shareholders ratify CEO's pay despite opposition by CalPERS
trueMcDonald's Corp. shareholders on Thursday voted to ratify the compensation of Donald Thompson, president and CEO, and four other top executives by a 93.5% vote, despite opposition by CalPERS.
J.P. Morgan Chase shareholders approve executive pay by 78% vote
trueJ.P. Morgan Chase & Co. shareholders Tuesday approved the compensation of James “Jamie” Dimon, chairman and CEO, and four other senior executives at the company by a vote of 77.9%, according to preliminary results announced at its annual meeting.
Harvard pay rises 11% for top 6 endowment officials
trueHarvard University paid its top six endowment officials $32.8 million total in 2012, up 11% from the year before.
J.P. Morgan Chase faces opposition from pension funds on pay, directors
trueFlorida State Board of Administration will vote against the compensation package for James “Jamie” Dimon, chairman and CEO, and four other senior executives at J.P. Morgan Chase & Co., while the Connecticut Retirement Plans & Trust Funds and Illinois State Board of Investment will vote against the ...
Pension funds oppose J.P. Morgan pay package
trueThree pension funds will oppose the compensation package for James Dimon, chairman and CEO, and four other senior executives at J.P. Morgan Chase & Co.
Shareholders approve Goldman Sachs pay package, re-elect all directors
trueGoldman Sachs Group Inc. shareholders Friday voted 83% to ratify the pay package of Lloyd C. Blankfein, chairman and CEO, and four other top executives, according to a statement from the company after its annual meeting.
Florida SBA opposes Goldman Sachs executive compensation
trueFlorida State Board of Administration and Glass Lewis & Co. oppose the executive pay package at Goldman Sachs Group Inc. for Lloyd C. Blankfein, chairman and CEO, and four other top executives.
Johnson Associates: Manager bonuses expected to rise 5% to 10%
trueMoney management professionals can expect to see a jump of 5% to 10% over last year's bonus payouts, according to projections from compensation consultant Johnson Associates.
Pension funds oppose Chipotle executive pay
trueThree pension funds, Institutional Shareholder Services and Glass Lewis & Co. have lined up against Chipotle Mexican Grill Inc.'s executive pay package for Steve Ells, chairman of the company's board and co-CEO; Montgomery F. Moran, co-CEO; and two other top executives.
Nathan Cummings Foundation will file for proxy access at Oracle
trueNathan Cummings Foundation, New York, expects to file a proposal at Oracle Corp., calling for proxy access permitting shareholders the use of corporate proxy materials to nominate directors.