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SAP CEO's 2020 pay package was 9.2 million euros: annual report

By Reuters Staff 2 Min Read FILE PHOTO: SAP SE CEO Christian Klein attends the companys annual results press conference in Walldorf, Germany, January 29, 2021. Uwe Anspach/Pool via REUTERS BERLIN (Reuters) - SAP Chief Executive Christian Kleinโ€™s fixed and variable pay jumped 67% to 9.2 million euros ($11.1 million) last year, under German disclosure rules, although he took home less after a tough year for the business software group. The package, set out in the executive compensation secti...
Thomas Escritt Joe Kaeser Mark Potter Bill Mcdermott Douglas Busvine Christian Klein

Blackstone CEO Schwarzman took home $610.5 million in 2020

4 Min Read (Reuters) - Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from last year despite the impact of the COVID-19 pandemic, regulatory filings showed. FILE PHOTO: Stephen A. Schwarzman, chairman and CEO of Blackstone, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann/File Photo The majo...
New York United States Marc Rowan Kewsong Lee Dan Grebler Daniel Daniello

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Apollo appoints former SEC Chairman Clayton as lead independent director

Apollo Global Management Inc said on Thursday it had appointed former U.S. Securities and Exchange Commission (SEC) chief Jay Clayton as its lead independent director to improve corporate governance in the wake of an inquiry into Chairman Leon Black's ties to late financier...
Noor Zainab Hussain Jay Clayton Arun Koyyur Thomson Reuters Trust Principles Exchange Commission Apollo Global Management Inc On

Apollo taps ex-SEC chief Clayton in board overhaul

3 Min Read (Reuters) - Apollo Global Management Inc said on Thursday it had appointed former U.S. Securities and Exchange Commission (SEC) chief Jay Clayton as its lead independent director to improve corporate governance in the wake of an inquiry into Chairman Leon Blackโ€™s ties to late financier and convicted sex offender Jeffrey Epstein. FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon in New York City, New Yo...
New York United States Paul Simao Jeffrey Epstein Noor Zainab Hussain Jessica Dinapoli

Asset manager Amundi to seek climate specifics from companies

2 Min Read FILE PHOTO: The Amundi company logo is seen at their headquarters in Paris, France, October 7, 2015. REUTERS/Philippe Wojazer LONDON (Reuters) - Amundi, Europeโ€™s biggest asset manager, said on Thursday it would seek more specifics from companies at upcoming shareholder meetings about their plans to reduce emissions. The move is the latest by a major asset manager to challenge companies over their plans to transition to a low-carbon economy, ahead of the next round of global climate...
City Of United Kingdom United Kingdom General Simon Jessop Edmund Blair Thomson Reuters Trust Principles

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