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MOVES-Barclays, BofA Merrill, BlackRock, Evercore Trust
ReutersApril 18 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS PLC Rich Ricci, the boss of Barclays' investment bank, is leaving...Tags: Evercore Partners, Finance, Banking, Realty, Financial and Business Services
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CEO Pay For 2012 In State, Country Part Of Broken System
The Hartford CourantThe AFL-CIO launched its annual database of CEO pay Monday, showing the average 2012 pay of CEOs at companies on the Standard & Poor's 500 index was $12.3-million, or 354 times more than the average American worker earned. The average of those S&P 500...Tags: Middlefield, Webster Financial Corporation, Praxair Incorporated, AFL-CIO, Economy, Business and Finance
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Lincoln National CEO's Pay Package Up To $6.8 Million Last Year
The Hartford CourantLincoln National Corp. CEO Dennis R. Glass had a pay package last year that was up 11 percent from 2011, according to documents filed Friday with the U.S. Securities and Exchange Commission. Glass was compensated $6.8 million, not including stock-and-...Tags: Finance, Economy, Business and Finance, Companies and Corporations, Corporate Officers, U.S. Securities and Exchange Commission
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Stock spotlight: Occidental Petroleum seeks stability at the top
The nation's fourth biggest oil company, Occidental Petroleum Corp., is primarily involved in oil and natural gas exploration and production. It is also a major manufacturer of oil-related chemicals. The Westwood company said its domestic production...
Tags: Petroleum Industry, Upstream Oil and Gas Activities, BP Plc, Energy Resources, Economy, Business and Finance
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Wells Fargo profit rises 22% despite slower mortgage lending
Wells Fargo & Co.‘s quarterly profit jumped 22%, beating expectations, despite a fall-off in the mortgage business, which generates a quarter of all revenue at the San Francisco banking giant. The quarter was marked by cost-cutting, fewer loan...
Tags: Federal Reserve, Corporate Officers, Mortgages
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CBS CEO Leslie Moonves' 2012 pay package valued at $62.2 million
CBS is home to "Two Broke Girls" and one rich chief executive. Leslie Moonves, the CEO of CBS, had a 2012 compensation package valued at $62.2 million, according to the company's proxy statement filed Friday. Although that makes Moonves the highest-...Tags: Media Industry, CBS Corp., Sumner Redstone, The Walt Disney Co., Viacom Inc.
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'Pay for performance' pitfalls
Last week, 35 public school teachers and administrators indicted for allegedly cheating to raise test scores in an Atlanta school district began turning themselves in to authorities. They may be the tip of the iceberg; a state investigation implicates 178...
Tags: High Blood Pressure, WorldCom Incorporated, Physical Fitness and Exercise, Employment Opportunities, Career and Workplace
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Shareholders get another chance
It's "proxy season" again for most public companies — called that because most shareholders submit their votes via proxy rather than attend the companies' annual meetings in person. This year's season represents a critical juncture in public company...
Tags: Chesapeake Energy Corp., Robert A. Iger, Business Enterprises, Board of Directors, Elections
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Former Stanley Black & Decker Chairman Made $23.9M in 2012; CEO Got $14.4M
The Hartford CourantThe former chairman of Stanley Black & Decker Inc., Nolan D. Archibald, made $23.9 million in 2012, his last full year before retiring in March. John F. Lundgren, Stanley's chairman and chief executive, pulled down $14.4 million in 2012, according to...Tags: Pension and Welfare, Stanley Works, Ansell Limited, Economy, Business and Finance, Elections
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Swiss voters say yes to 'Rip-Off Initiative' to control executive pay
Voters in Switzerland, angered by high executive pay, backed a plan to increase the control of shareholders over compensation of corporate leaders. Nearly 70% of voters approved the so-called "Rip-Off Initiative," according to the Swiss television...
Tags: Television Industry, Politics, Chemical Industry, Novartis AG, Television Stations
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Analysis: Minimum wage plan a new test for Obama
WASHINGTON (AP) — If anything illustrated President Barack Obama's new sense of self-confidence, it was his State of the Union call for an increase in the national minimum wage. For much of the past two years, the president and his aides have...
Tags: Republican Party, Labor Legislation, State of the Union Address, AFL-CIO, Elections
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Board Pulls Back On Pay For UTC Chief Who Made $19.5M Last Year
The Hartford CourantLouis R. Chenevert, chairman and chief executive of United Technologies Corp., made $19.5 million in 2012, a period when he led the company through a broad restructuring and closed on its acquisition of Goodrich Corp. Almost two-thirds of Chenevert's...Tags: Finance, Mergers, Acquisitions and Takeovers, Louis R. Chenevert, Stock Market, Economy, Business and Finance
Apr 18, 2013
|Story| Reuters
Apr 15, 2013
|Column| Hartford Courant
Apr 15, 2013
|Story| Hartford Courant
Apr 15, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 5, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Story| Hartford Courant
Mar 4, 2013
|Story| Los Angeles Times
Feb 18, 2013
|Story| Petoskey News
Mar 15, 2013
|Story| Hartford Courant
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