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    1. Facebook Investors Want to Seize a Golden Opportunity to Fire Mark Zuckerberg as Chairman

      Facebook Investors Want to Seize a Golden Opportunity to Fire Mark Zuckerberg as Chairman
      • A second Facebook investor wants Mark Zuckerberg out as chairman.
      • Zuckerberg controls Facebook thanks to the way the company's stock is structured, meaning he has final say on the future direction of the company.
      • That's frustrating for activist investors who watched the Cambridge Analytica scandal wipe $60 billion off the firm's market cap over the past few weeks.
      • Now is a golden opportunity for those investors to gang up and call for Zuckerberg to step down...
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    2. Lawsuit Alleges Xerox CEO Disregarded Board in pursuing Fuji Deal

      Lawsuit Alleges Xerox CEO Disregarded Board in pursuing Fuji Deal

      (Reuters) - A lawsuit is alleging that Xerox Corp ( XRX.N ) Chief Executive Officer Jeff Jacobson pursued a deal with Fujifilm Holdings Corp ( 4901.T ), even after Xerox’s board advised him to halt negotiations, the Wall Street Journal reported on Sunday. FILE PHOTO - Xerox chief executive officer, Jeff Jacobson, takes part in an interview on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 4, 2017...

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    3. Zuckerberg's $1.5 Million Worth of Private-Plane Trips—and Other Perks of Being the Boss

      Zuckerberg's $1.5 Million Worth of Private-Plane Trips—and Other Perks of Being the Boss

      The benefits of running a large public company go well beyond paychecks and stock awards. Take Mark Zuckerberg , who crisscrossed the U.S. last year to attend a rodeo in Fort Worth, Texas, speak with Muslim students in Dearborn, Michigan, and fish salmon in Alaska, all part of a personal challenge to meet and talk with regular people...

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    4. Unilever Faces Shareholder Revolt Over Executive Pay

      Unilever Faces Shareholder Revolt Over Executive Pay

      Unilever faces a stand-off with shareholders over executive pay next month, after two influential shareholder advisory firms urged investors to reject the consumer goods giant's proposals. Unilever is attempting to swap its 'base salary' for a consolidated 'fixed pay' structure, which would mean it could hand larger pay rises and bonuses to its executives...

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    5. London Stock Exchange Finds New CEO at Goldman Sachs

      London Stock Exchange Finds New CEO at Goldman Sachs

      London Stock Exchange Group hired Goldman Sachs Group ’s David Schwimmer to run the 217-year-old bourse, ending a months-long search for a CEO by appointing another investment banker. He will join the group on Aug. 1 following a 20-year career at Goldman Sachs (gs) , the exchange said in a statement on Friday. Schwimmer, 49, takes up one of the most high-profile jobs in the City of London and is currently based in New York...

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    6. William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      A 9.1 percent pay increase for new William Hill Plc Chief Executive Officer Philip Bowcock threatens to spark a shareholder rebellion at the U.K. bookmaking group. Institutional Shareholder Services Inc. , the advisory group that normally commands as much as 25 percent of shareholder support for its resolutions ahead of company annual general meetings, has advised William Hill investors to vote against the company’s remuneration report at its coming annual meeting...

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    7. Shareholder Litigation in the Wake of the #MeToo Movement

      Shareholder Litigation in the Wake of the #MeToo Movement

      Companies are facing a growing number of derivative and securities class actions in the wake of the #MeToo movement. Having strong protocols to address allegations of harassment and sexual misconduct, thoroughly and promptly investigating such allegations, and carefully weighing the risks in severance payments to accused harassers are some of the steps companies can take to protect against such actions...

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      Mentions: Investors CEO SEC
    8. Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Ontario PC Leader Doug Ford is vowing to fire the head of Hydro One, and its entire board if he's elected premier in June. Ford made the announcement Thursday morning, calling President and CEO Mayo Schmidt, Premier "Kathleen Wynne's $6-Million dollar man," referring to his yearly salary and bonuses, which now add up to $6.2 million. "This board and this CEO are laughing themselves to the bank," Ford said...

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    9. Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger

      Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger
      • CBS CEO Leslie Moonves could reportedly make up to $280 million if he is fired over an embattled potential merger between CBS and Viacom, Bloomberg reported.
      • CNBC reported on Wednesday that Shari Redstone, the controlling shareholder of CBS and Viacom, was "likely" to remove Moonves as the head of CBS if merger negotiations between CBS and Viacom fell through.
      • Moonves' contract entitles him to $150 million if he is fired before its expiration in 2021, Bloomberg reported...
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      Mentions: CEO Merger Bloomberg
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