Calif. pension fund makes move likely to increase its influence over corporations The board of California's giant public pension fund voted Monday to remove the limit on the number of shareholder proposals it can issue to companies in its portfolio. Lifting the ...
Senators question lobbying, nearly $1 million in compensation for CEO of Boys & Girls Clubs A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could ...
NEW YORK (Reuters) - A dark corner of corporate America is being thrust into the harsh glare of disclosure. New rules are forcing blue-chip companies to expose ties with their compensation consultants by making public business relationships, including how much they pay ...
The Securities and Exchange Commission has charged Microtune, Inc. and two former senior officers for perpetrating a fraudulent and deceptive stock option backdating scheme that awarded themselves and other employees millions of dollars in undisclosed compensation. The backdating scheme caused the Plano, ...
The Securities and Exchange Commission announced today that it has approved a one-year extension of the compliance date for smaller public companies to meet the Section 404(b) auditor attestation requirement of the Sarbanes-Oxley Act. The SEC also announced that it received Office ...
Securities and Exchange Commissioner Paul Atkins announced today that he intends to leave the SEC following the end of his term. Appointed by President Bush, Commissioner Atkins began the first of two terms in August 2002. He plans to stay until his ...
Troy Paredes (right) is sworn in as SEC Commissioner . - Troy A. Paredes was sworn in this afternoon as a Commissioner of the Securities and Exchange Commission by SEC Chairman Christopher Cox during a ceremony at the SEC's Washington D.C. headquarters. ...
The Securities and Exchange Commission today charged two current and two former top officers of Irvine, Calif.-based Broadcom Corporation for their alleged participation in a five-year systematic scheme to secretly backdate stock options granted to virtually all Broadcom officers and employees. The ...
M&T Bank CEO compensation climbs on base pay increase, stock options The chairman and chief executive of M&T Bank Corp., Robert Wilmers, saw his overall compensation nearly triple in 2009, due mainly to stock options that vest over time, according to an ...
<div id="subtitle">Correction: Executive Compensation story</div><div><p>In a June 15 story about executive compensation, The Associated Press erroneously reported that Brian O'Hara planned to retire as chief executive from insurer XL Capital later this year. He retired effective May 1. He remains the company's ...
