Onex Corp., Canada’s largest buyout firm, paid Chief Executive Officer and founder Gerald Schwartz $85.3 million in 2013 compensation, higher than payouts for the top executives of Walt Disney Co., Coca-Cola Co. and Visa Inc. combined.
As China’s Xiaomi Corp. began selling smartphones in Singapore this year, each batch sold out in just a few minutes. So when the company asked people on Facebook to spread the word that more phones would be available soon, one fan was having none of it.
Apple Inc.’s departing chief financial officer Peter Oppenheimer presided over a sales boom that filled company coffers with a record cash pile. His successor, Luca Maestri, inherits a company stung by slowing growth and increasing scrutiny of how it handles that hoard.
As Apple Inc. was being targeted by an onslaught of negative advertising from arch-rival Samsung Electronics Co., the iPhone maker was racing to figure out how to fight back, according to evidence presented at a $2 billion patent trial.