Activists Push Big Index Funds to Back Shareholder Votes on Climate Risk Disclosure October 9, 2019 By Ross Kerber and Tim McLaughlin The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and...
Only 55% of AIG Shareholders OK $21 Million Compensation for CEO Duperreault May 22, 2019 By Suzanne Barlyn and Ross Kerber American International Group Inc. said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault by only...
AIG CEO Duperreault Was Paid $20.9 Million in 2018, Half of 2017 Compensation April 3, 2019 By Ross Kerber and Suzanne Barlyn Insurer American International Group Inc. said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while...
IPO-Bound Lyft Tells Investors Lowering Insurance Costs Is Priority March 21, 2019 By Ross Kerber Lyft Inc. executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they...
SEC to Revisit ‘Proxy’ Voting Favored by Investors Raising Social, Climate Issues November 9, 2018 By Ross Kerber and Pete Schroeder The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash...
Here’s What AIG Paid CEO Duperreault March 28, 2018 By Ross Kerber American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed on Tuesday....
Smith & Wesson Gun Maker CEO Defends Safety Efforts March 7, 2018 By Ross Kerber The top executives of gun maker American Outdoor Brands Corp. on Tuesday defended their safety efforts in a letter to...
Shareholder Activists Press Drug Firms on Business Risks of Opioid Crisis October 31, 2017 By Ross Kerber U.S. shareholder activists are addressing a soaring death toll from opioid drug abuse, asking companies that make and distribute the...
Wells Fargo Facing Disclosure Questions Over ‘Phantom’ Sales Scandal September 16, 2016 By Dan Freed and Ross Kerber A phantom account scandal at Wells Fargo & Co. has put the U.S. bank’s disclosure policies under a harsh spotlight....
Asset Managers Urged to Make Cyber Risk Top Priority September 1, 2015 By Ross Kerber and Simon Jessop Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging...