Posted inBonuses Cruz, Ted Executive Compensation Infrastructure (Public Works) Railroads Amtrak Pays Executives Hefty Bonuses as Losses Continue Some executives received payments of nearly half a million dollars as the rail service remained $1.7 billion in the red and the new Acela program continued to face challenges. Posted by By Mark Walker
Posted inBonuses Compensation for Damages (Law) Decisions and Verdicts Mark Schobinger Musk, Elon Social Media Twitter Suit Against Twitter Over Unpaid Bonuses Gets Go-Ahead From Judge More than $5 million in bonuses were orally promised but never paid, according to the suit. A judge denied the company’s motion to dismiss the case. Posted by By Johnny Diaz
Posted inBonuses Executive Compensation Hastings, Reed Netflix Inc Peters, Greg (Media Executive) Sarandos, Ted Shareholder Rights and Activism Strikes Television Writing and Writers Netflix Shareholders Vote to Reject Executive Pay Packages The vote, after the union representing striking writers urged opposition, can be overruled by the streaming giant’s board of directors. Posted by By Nicole Sperling
Posted inBanking and Financial Institutions Bonuses DiNapoli, Thomas P Office of the Comptroller (NYS) Banker Bonuses Drop 26% on Wall Street As Deal-Making Cools The bumper payouts earlier in the pandemic have waned, as banks cut costs and worries about financial stability loom over markets. Posted by By Lauren Hirsch