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Warren Buffet Wins A Battle Against Coca-Cola's Plan To Pay Its Bosses $13 Billion

2014-10-02 12:30:56| Beverages - Topix.net

Coca-Cola has shelved plans to give its top executives up to 340 million shares worth around $13 billion, after investors, including its biggest shareholder Warren Buffet, called the packages "excessive." A Wall Street Journal report details he drinks company has now revised the pay plan and said it will now issue "substantially" fewer shares for long-term equity awards to the top 1% of senior management in favor of cash bonuses and it will also "significantly" reduce the amount of staff receiving stock options.

Tags: plan pay battle billion

 

Prada bosses probed for tax evasion

2014-09-29 08:03:47| BBC News | Business | UK Edition

Prada's two chief executives are being investigated by Italian authorities for possible tax evasion, the company said.

Tags: tax prada bosses evasion

 
 

Pay packets for top bosses hit $4.8m

2014-09-17 23:43:03| Biotech - Topix.net

The average total pay for chief executives in Australia's top listed companies has hit $4.84 million - 63 times an average worker's earnings. The bosses of Australia's top 100 companies listed on the stock market received 2.9 per cent more in total statutory pay in the 2013 financial year than in the previous 12 months.

Tags: top pay hit packets

 

Sky Deutschland bosses reject BSkyB bid

2014-09-17 02:00:00| Total Telecom industry news

German pay TV provider says offer does not reflect company's full potential.

Tags: deutschland bid sky reject

 

Bosses and cash vanish at shoe firm

2014-09-16 16:48:12| BBC News | Business | UK Edition

Chinese footwear firm Ultrasonic has announced the disappearance of its chief executive and chief operating officer, along with most of its cash.

Tags: firm cash shoe bosses

 

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