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Tag: ceos
Alcatel-Lucent cuts outgoing CEO's payout to EUR 8 mln
2015-09-11 14:25:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent has adjusted the remuneration package of its outgoing CEO, Michel Combes, to comply with the recommendations of the French National Committee for Corporate Governance (HCGE). The variable pluriannual remuneration will be capped at EUR 4.85 million, adjusted downward for 2015 depending on performance targets. It will also be paid in cash, rather than shares, calculated on the 20-day average until his last day of service on 31 August. The board reduced the payout for Combes' non-compete clause to EUR 3.1 million. The total remunation was cut to around EUR 8 million from EUR 13.7 million, after an outcry over the CEO's level pay when he only held the post for 2 years.
CEO's remarks about Jeep stuns city, industry
2015-09-06 14:13:08| Automakers - Topix.net
The idea that Fiat Chrysler Automobiles might free up space to keep and expand Jeep Wrangler production in Toledo simply by moving the Jeep Cherokee to an out-of-state plant seemingly came out of nowhere last week. Never did the possibility come up in the city's discussions with the company over the past year, nor was it something on the United Auto Workers' radar.
Tags: city
industry
remarks
jeep
Big pay gap between Pittsburgh CEOs and their average employees
2015-08-26 20:31:17| Chemicals - Topix.net
Curious for how the pay gap between top executives and their workers plays out in Pittsburgh? It will be mandatory for public companies to disclose the ratio starting in 2017, as per a U.S. Securities and Exchange Commission rule, but here's a sneak peek.
Tags: big
pay
average
employees
Are Failed CEOs Being Showered With Enough Money When They're Fired?
2015-08-12 18:54:35| Toys - Topix.net
If you take a job, and perform poorly, and are fired, chances are that you walk away with a "goodbye," and that's all. Unless you are a corporate CEO.
Oil CEOs' Grim Outlook Rubs Off on Speculators Fleeing Market
2015-08-03 21:15:08| Energy - Topix.net
Hedge funds reduced bullish bets to the lowest level in five years as oil capped the worst month since the financial crisis. The net-long position in West Texas Intermediate contracted 7 percent in the seven days ended July 28, U.S. Commodity Futures Trading Commission data show.
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