Critics question Soriot's pay package justification amidst concerns over income inequality and corporate governance.
- FTX Founder Sam Bankman-Fried Could Get Over 100 Years in Prison After Cryptocurrency Fraud Case
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
DBS, the largest bank in Singapore, reported record earnings for the year 2023 but cut the variable pay of its CEO and other top executives.
Bill Maris, the ex-CEO and founder of Google willl open and start up a Fund.
Jack Dorsey, the Chief Executive Officer of Twitter probably feels really awkward as Twitter suspends his account.
Reports have foreseen that retail and sme sectors will be the next bubbles.
Facing a lot of depressions due to vast change in its country's economy, Nova Lifestyle Inc. appoints new Interim CEO, Thanh Lam.
CEOs salaries nationwide in U.S. has shown a declining trend in 2015, the biggest drop since the financial crisis. Some factors including the decrease in pension gains contributed to the decreasing in CEO pay.
Liverpool FC's Ian Ayre is to step down as CEO after his current contract ends next year. The club’s owner has been trying to convince him to stay, but without success.
Victoria’s Secret CEO Sharen Turney announced her resignation on Friday, concerning investors and briefly crash the parent company’s shares after the news. However, the company had assured investors that the company will retain its success with the parent company’s founder and CEO Les Wexner assuming the role and Turney remaining as the lingerie brand’s advisor.
Google CEO Sundar Pinchai received his first equity award granted by Google's parent company, Alphabet, Inc. The $199 million amount was one of the biggest ever given by a U.S. company, making him one of the world's highest-paid executives. Besides Mr. Pinchai, other executives, including Diane Greene and Ruth Porat also received the award worth $42.8 million and $38.8 million respectively.
The Five app was first released in 2015 as a playful app to communicate with custom hand signs. Mach, an 18-year-old high school student, didn't realize that the app could be very useful to facilitate communications between people with loss of hearing until they contacted them to thank him. Then he reached out to raise money to improve the app for a better use.
Four executives are reported to take a departure from the social media company as part of a major restructuring plan by the new CEO Jack Dorsey. In addition to those asked to leave, some other executives have already stepped down out of pressure.
Zander Luri is now the new CEO of SurveyMonkey, replacing Bill Veghte. Before joining the online survey company, Lurie was an executive in GoPro.
The San Francisco-based cloud software company Anaplan has closed the latest round of VC funding to the tune of $90 million giving a valuation of the company at $1.09 billion. The latest investment round was led by Indian firm Premji Invest.
John Legere has been witnessing a social media riot centering his F bomb blasting during a question- answer session in Twitter on Monday. One of T Mobile’s ‘Binge On’ has reportedly withdrawn itself from the platform. The embattled CEO has been compelled to seek apology but tries to make it conditional. T Mobile is accused of violating net neutrality through throttling by EFF and net neutrality advocates.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
- Disney, Florida Gov. Ron DeSantis' Allies Settle Lawsuit Over Disney World Special District, Ending Feud Over 'Don't Say Gay' Law
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk