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American International Group Inc., the bailed-out insurer, rebuffed a request from New York Comptroller John Liu to release workforce-diversity data that was made public by Goldman Sachs Group Inc. and MetLife Inc.
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Chesapeake Energy Corp.’s decision to cut directors’ pay and other perks may save the company up to $1.65 million a year without addressing investors’ concern that the board failed to rein in Chief Executive Officer Aubrey McClendon’s borrowing and spending spree.
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In 2009, investor Jeffrey Bronchick told directors of Chesapeake Energy Corp. that he was disgusted with their leadership.
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Chesapeake Energy Corp. shareholders rejected two directors involved in a probe of Chief Executive Officer Aubrey McClendon’s personal finances after slumping energy prices and overspending wiped out $2.6 billion in market value this year.
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Chesapeake Energy Corp. shareholders rejected two directors involved in a probe of Chief Executive Officer Aubrey McClendon’s personal finances after slumping energy prices and overspending wiped out $2.6 billion in market value this year.
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Chesapeake Energy Corp. shareholders issued a sweeping repudiation of the company’s management yesterday by rejecting two directors and demanding more influence over the second-largest U.S. natural-gas producer.
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Wal-Mart Stores Inc.’s June 1 annual meeting will feature Aerosmith and Cheap Trick as the warmup acts. The real entertainment starts when shareholders vote whether to re-elect the company’s board.
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Chesapeake Energy Corp. cut the pay of its directors by 20 percent and halted their personal use of corporate airplanes amid mounting criticism of the company’s management.
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Shareholder confidence in Chesapeake Energy Corp. sank to its lowest point since the 2008 global economic meltdown as company directors reversed course on the need to examine Chief Executive Officer Aubrey McClendon’s personal financial transactions.
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Goldman Sachs Group Inc. and Morgan Stanley will rewrite their so-called clawback policies to make it clear they will reclaim pay from supervisors as well as from employees who take excessive risk or engage in improper conduct.
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