Compensation

Swiss Prime Site: Annual General Meeting approves all proposals of the Board of Directors

Retrieved on: 
Wednesday, April 10, 2024

The annual financial statements 2023 were approved by the Annual General Meeting.

Key Points: 
  • The annual financial statements 2023 were approved by the Annual General Meeting.
  • The Annual General Meeting endorsed the Compensation Report 2023 of Swiss Prime Site AG in a consultative vote.
  • Detlef Trefzger elected to the Board of Directors, other members re-elected
    Detlef Trefzger was newly elected to the Board of Directors of Swiss Prime Site.
  • The Annual General Meeting approved the re-election of Board of Directors members Barbara Knoflach, Gabrielle Nater-Bass, Brigitte Walter, Ton Büchner, Reto Conrad and Thomas Studhalter for a further term in office until the Annual General Meeting 2025.

DKSH’s 91st Annual General Meeting 2024

Retrieved on: 
Wednesday, April 10, 2024

Zurich, Switzerland, March 26, 2024 – DKSH’s shareholders have voted in favor of all motions at the company’s 91st Annual General Meeting by a solid majority.

Key Points: 
  • Zurich, Switzerland, March 26, 2024 – DKSH’s shareholders have voted in favor of all motions at the company’s 91st Annual General Meeting by a solid majority.
  • In total, 175 shareholders were present and a total of 52,929,311 shares, equaling 81.38% of the share capital, were represented at the meeting.
  • Marco Gadola was reelected as Chairman, and all current Board members as well as the members of the Nomination and Compensation committee were reelected for another term of office until completion of the next Annual General Meeting.
  • DKSH will distribute CHF 146.1 million to shareholders, with the payout expected to be made as of April 3, 2024.

Sig Kirk Joins Assertio Board of Directors

Retrieved on: 
Wednesday, April 3, 2024

LAKE FOREST, Ill., April 03, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering differentiated products to patients, today announced effectiveness of the appointment of Sigurd (Sig) Kirk to its board of directors.

Key Points: 
  • LAKE FOREST, Ill., April 03, 2024 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a pharmaceutical company with comprehensive commercial capabilities offering differentiated products to patients, today announced effectiveness of the appointment of Sigurd (Sig) Kirk to its board of directors.
  • Kirk is a senior corporate business development executive with more than 20 years of pharmaceutical experience in the areas of branded biopharmaceutical, medical device and generic products.
  • Mr. Kirk started his career at Deloitte & Touche as an Audit Manager, earning his CPA certification.
  • “Both Sig’s appointment and the addition of Sravan Emany last fall demonstrate our ongoing commitment to aligning our board expertise with our evolving business strategies.”

Salary.com Unveils New Compensation Strategy Framework

Retrieved on: 
Tuesday, April 2, 2024

Today, the company released a landmark free strategy guide and framework The Ten Pillars of the World-Class Compensation Function.

Key Points: 
  • Today, the company released a landmark free strategy guide and framework The Ten Pillars of the World-Class Compensation Function.
  • “Compensation is the heart and soul of any organization’s relationship with employees,” said Courtney LeCompte, Vice President of Compensation Consulting at Salary.com.
  • Salary.com’s new framework provides a step-by-step guide to total compensation management, backed by decades of experience.
  • To receive a free copy of The Ten Pillars of the World-Class Compensation Practice, please visit our website .

Institutional Investors Express Support For Trian’s Candidates at Disney

Retrieved on: 
Monday, April 1, 2024

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today announced that two respected institutional investors, the California Public Employees' Retirement System (CalPERS), the country’s largest public pension fund, and Neuberger Berman, a global asset manager, have expressed their support for both of Trian’s nominees, Nelson Peltz and Jay Rasulo, in connection with Disney’s annual meeting, which is scheduled to be held this Wednesday, April 3, 2024.

Key Points: 
  • Two new directors who are qualified and capable of leading needed change in corporate governance will serve the Disney board well.
  • Despite recent improvements, in our opinion, the deficiencies of the board that ultimately led to the failed 2020 succession endeavor and related consequences remain.
  • [W]e believe these succession planning challenges have impacted business continuity and distracted from business performance.”10
    Other investors and independent proxy advisory firms have also indicated their support for Nelson Peltz and Trian.
  • Trian commented on the votes and recommendations from these influential investors and research firms:
    While Disney has touted the endorsements15 of its service providers16 and advisors,17 we are pleased to have earned the support of independent, respected institutional investors and proxy advisory firms.

Avangrid Recognized for Job Quality Performance by JUST Capital

Retrieved on: 
Tuesday, April 9, 2024

Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.

Key Points: 
  • Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.
  • We recognize that prioritizing job quality also creates a positive ripple effect that extends to our customers, shareholders, and society at large.
  • It creates a standard by assessing job quality performance on 31 data points across six key topic areas: Benefits, Employee Wellness, Hiring & Stability, Training & Development, Wages & Compensation, and Workforce Composition.
  • In 2023, Avangrid employees logged a total of 20,051 hours of leadership training and 13,260 online leadership course training hours.

National Philanthropic Trust Names Linda K. Myers Chair of the Board of Trustees

Retrieved on: 
Tuesday, April 9, 2024

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.

Key Points: 
  • National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.
  • She has served as vice chair of NPT’s Board of Trustees and chair of the Compensation and Human Resources Committee.
  • “Linda’s extensive experience in law, business, and governance, along with her lifelong dedication to philanthropy, is an excellent foundation for her to be NPT’s board chair,” said Eileen Heisman, CEO of National Philanthropic Trust.
  • “Linda joined NPT’s Board of Trustees in the early days of the pandemic and quickly became a strategic voice on the board and in her committee leadership.

USA Today Names CCC a Top Workplace for Third Year in a Row

Retrieved on: 
Tuesday, April 9, 2024

CCC , a leader in advancing copyright, accelerating knowledge, and powering innovation, has been named to the Top Workplaces USA 2024 list by USA Today for the third consecutive year.

Key Points: 
  • CCC , a leader in advancing copyright, accelerating knowledge, and powering innovation, has been named to the Top Workplaces USA 2024 list by USA Today for the third consecutive year.
  • The Top Workplaces USA awards offer recognition to mid-size and large organizations with at least 150 employees, including those with operations in multiple geographic markets.
  • Organizational winners were identified solely based on employee feedback gathered through the Energage employee engagement survey compiled throughout all 12 months of 2023.
  • In 2023, the Boston Globe named CCC a Top Place to Work in Massachusetts and a Top 100 Women-Led Business in Massachusetts .

Talent War Intensifies as Top Ten Jobs See Double-Digit Salary Growth

Retrieved on: 
Monday, March 25, 2024

These jobs saw double-digit increases in salary.

Key Points: 
  • These jobs saw double-digit increases in salary.
  • Despite concerns about the impact of AI on compensation, many jobs are still seeing substantial growth.
  • “AI may be getting the attention, but the war for talent is hotter than ever,” said Rebecca Gorman, Principal, Compensation Consulting at Salary.com.
  • “Talent scarcity drives higher salaries, and each of these jobs is a linchpin of productivity.

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 Million

Retrieved on: 
Thursday, March 14, 2024

Record quarterly revenues of $11.84 million, an increase of 10% on revenues of $10.78 million in the like year-ago quarter.

Key Points: 
  • Record quarterly revenues of $11.84 million, an increase of 10% on revenues of $10.78 million in the like year-ago quarter.
  • Cash-on-hand of $17.29 million, current assets of $24.19 million, and total assets of $37.1 million as of January 31, 2024.
  • Revenue contributions from the company’s B2B and B2C (RKings, MEXPLAY) segments in Q1 were $4.62 million (39%) and $7.22 million (61%), respectively.
  • “We are exceptionally pleased with the company’s performance in Q1 to kick-off the new fiscal year,” said Golden Matrix CEO Brian Goodman.