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CEO Pay in Pandemic: 'Heads I Win, Tails I Win Almost as Much'


May 05 2021, 10:11 PM
May 05 2021, 4:30 PM
May 05 2021, 10:11 PM
(Bloomberg) Norwegian Cruise Line called 2020 its “most challenging year.” The company lost $4 billion, a half decade’s worth of profit. Shares dropped 56%. Thousands of crew members lost their livelihoods.
(Bloomberg) Norwegian Cruise Line called 2020 its “most challenging year.” The company lost $4 billion, a half decade’s worth of profit. Shares dropped 56%. Thousands of crew members lost their livelihoods.
But Frank Del Rio, its chief executive officer, did just great. He collected his biggest-ever pay package: $36.4 million.
How? Corporate boards cut Del Rio and scores of other CEOs extraordinary slack for miserable results in the pandemic, securities filings show. Otherwise, their pay would have plunged because it is tied to metrics such as sales, profit and stock prices. ....

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Toyota Reveals TRD Camry For 2022 NASCAR Cup Series


Toyota Reveals TRD Camry For 2022 NASCAR Cup Series
As NASCAR Introduces Next Gen, Toyota Adds TRD Camry to Nameplate
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CHARLOTTE, N.C., May 5, 2021 /PRNewswire/ More than two years in the making, Toyota and TRD (Toyota Racing Development) today unveiled the manufacturer s Next Gen car that will take to the track in 2022 – the Toyota TRD Camry - in the NASCAR Cup Series (NCS).
Toyota has been working alongside NASCAR, as well as the other OEMs, on the development of the Next Gen vehicles for competition. The components of the Next Gen race cars are an unprecedented move for the sport, but one that looks to continue to evolve safety enhancements of the race cars and promote on-track competition. ....

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Opel Grandland X 1.2, TURBO Enjoy+ (kupac ne plaća prijenos)

Opel Grandland X 1.2, TURBO Enjoy+ (kupac ne plaća prijenos)
index.hr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from index.hr Daily Mail and Mail on Sunday newspapers.

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Ola Electric brings on board Wayne Burgess as head of vehicle design


Ola Electric brings on board Wayne Burgess as head of vehicle design
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Burgess has many years of international automotive design experience, and has worked on some of the most legendary and iconic cars in automotive history - including the Bentley Arnage in 1998, Aston Martin’s DB9 in the mid 2000s, and more recently the Jaguar XF, F-Type, F-Pace SUV, XE, as well as many others.
Ola Electric has announced the appointment of Wayne Burgess as head of vehicle design for its entire product range including scooters, bikes, cars and more, said a company statement issued today.
Burgess has many years of international automotive design experience, and has worked on some of the most legendary and iconic cars in automotive history - including the Bentley Arnage in 1998, Aston Martin’s DB9 in the mid 2000s, and more recently the Jaguar XF, F-Type, F-Pace SUV, XE, as well as many others. ....

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