US social-gaming company Zynga hasn’t just given its new chief executive a pay package worth as much as $100 million over five years. It has also structured the package in a way that could encourage him to try to sell the company sooner rather than later.
Forget majority rules. In US-style corporate elections, it’s rarely so simple.
Investors can complain as loudly and clearly as they like, but corporate boards are often free to ignore them, with few or no immediate consequences. That’s true whether the protest involves ousting a board member or changing how the company does business.
Think of yesterday afternoon as a triple witching hour of US corporate disclosure: The final minutes of the final day for many big companies to file their latest quarterly reports—and a Friday afternoon, on top of that.
Dodged the flu this year? A lot of people have, and some companies aren’t too happy about it.
The CDC’s FluView map shows that this year’s influenza season has been a slow-starter. While the flu has picked up in recent weeks, sporadic reports of flu were the most common on the agency’s flu map during in December.