ISS and Glass Lewis Support the Plan of Arrangement Between Battle North Gold Corporation and Evolution Mining Limited
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Battle North Gold Corporation (TSX: BNAU) (OTCQX: BNAUF) (
Battle North or the
ISS ) and Glass, Lewis & Co., LLC (
Glass Lewis ), two leading independent proxy advisory firms, have both recommended that Battle North shareholders vote
FOR the special resolution approving the acquisition of Battle North by Evolution Mining Limited (
Evolution ) as further described below at the upcoming Annual General and Special Meeting of Shareholders to be held on May 11, 2021 at 4:30 p.m. (Eastern Time) via live audio webcast at https://web.lumiagm.com/207274698 (the
The Straits Times
It comes after GE laid off 20,000 workers in 2020.PHOTO: REUTERS
Published3 hours ago
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GE shareholders reject CEO Culp s $230 million pay in rare rebuke reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
GE shareholders reject CEO Culp s $230 million pay in rare rebuke
By Jessica DiNapoli and Rajesh Kumar Singh
Reuters
NEW YORK/CHICAGO (Reuters) -General Electric Co shareholders rejected top executives compensation packages, including a payout of as much as $230 million to CEO Larry Culp, at the industrial conglomerate s annual shareholder meeting on Tuesday.
While the shareholder vote was non-binding, the move was a rare rebuke of a major corporation s handling of its executive pay.
It comes after GE laid off 20,000 workers last year. It is set to embolden corporate governance reform advocates who have criticized the shielding of CEOs from the financial fallout of the COVID-19 pandemic and the cost cuts companies often choose to implement.
General Electric shareholders reject CEO Culp s pay deal
By Jessica DiNapoli and Rajesh Kumar Singh
Reuters
NEW YORK/CHICAGO (Reuters) -A majority of shareholders at General Electric Co s annual meeting rejected the pay packages for named executive officers, including CEO Larry Culp, whose compensation for 2020 tallied $73.2 million.
According to preliminary results, 57.7% of shareholders rejected GE s pay packages, a strong rebuke to executives of the industrial company, which is in the middle of a challenging turnaround and has laid off thousands of workers. While we are disappointed with the preliminary results of the vote, we value and respect the views of the shareholders, the company said. The board will take those views into consideration as we evaluate executive compensation.