Some market watchers argue that the rise in median executive payouts is a natural consequence of the stiffer competition for scarce business talent, and paying huge executive salaries adds to stockholder value. But as the difference between the average worker’s salary and executive grows wider each year, critics argue that whether they increase productivity or…
After a late 2021 surge to over $130 per share, Roblox stock has taken a dive in recent months. The gaming platform is now down roughly 30% from its March 2021 initial public offering price to around $48 per share. Poor stock performance didn’t stop the board from rewarding CEO and founder David Baszucki with…
The rich got richer in 2021, as the median pay for the nation’s CEOs is on pace to set a record this year, up a whopping 19% over the year before. Just one year after many CEOs took pay cuts amid the worst of the coronavirus pandemic, median pay rose to $14.2 million last year…
The calls to diversify board leadership are justified for many reasons. First, it’s about time corporate leadership started looking like the rest of the employee base and the customers they serve. Second, diverse leadership can have a positive, cascading effect on inclusion and company culture. It has also proven to lead to better decision-making and more profitability. The…
Every spring in the beforetimes, fervent Warren Buffett fans converged in Omaha for Berkshire Hathaway’s annual shareholder meeting. Some 40,000 investors would fly in for the carnival known as “Woodstock for capitalists.” But, like so many large gatherings since March 2020, its past two iterations have been deflatingly virtual. The video remove didn’t stop Buffett’s event from making headlines in early…