Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.
Wells Fargo & Co., which has set aside the least money for legal costs among the four biggest U.S. banks, will conduct an internal review of its ethics as the industry grapples with a surge in probes and lawsuits.
As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and values of academia with shareholder skepticism about their boardroom commitments.
The U.S. Securities and Exchange Commission is weighing whether proxy advisers have grown so influential in corporate elections that regulators should impose rules to make their business more transparent.
Blockbuster Inc. ’s stock must be worth something, according to Ron Krenn, a 48-year-old day trader in Daytona Beach, Florida, who hopes to profit on the equity of what was once the world’s largest movie rental chain, seven months after it filed for Chapter 11.