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Netflix CEO Reed Hastings received $5.5 million in compensation in 2012
Netflix Chief Executive Reed Hastings received about $5.5 million in total compensation last year, a 40% drop from 2011, when his package was valued at $9.3 million. But Hastings' salary -- like the company's image -- is on the rebound. He is set to...
Tags: Companies and Corporations, Netflix Inc., Shareholders, Corporate Officers, Elections
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Herbalife quickly and quietly names two new board members
Herbalife Ltd. might have had one of the quickest annual meetings of 2013. The nutritional supplements company, battling a billionaire investor’s bet that its stock will tank, began its yearly gathering of shareholders a few minutes after 9 a.m....
Tags: Annual and Special Corporate Meetings, KPMG, Politics, Interior Policy, Herbalife Limited
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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: Prices, Companies and Corporations, Stock Market, Petroleum Industry, Energy Resources
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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: The Walt Disney Co., Sumner Redstone, 2 Broke Girls (tv program), Leslie Moonves, 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: Crime, Law and Justice, Physical Fitness and Exercise, Career and Workplace, High Blood Pressure, Employment Opportunities
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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: Companies and Corporations, Chesapeake Energy Corp., Groupon, Inc., Corporate Officers, Board of Directors
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The Sunday Conversation: Lawrence O'Donnell
Political pundit Lawrence O'Donnell, a former writer and producer of "The West Wing," has hosted "The Last Word" on MSNBC for 21/2 years, often kicking up a ruckus for his blunt opinions. What's your connection to L.A.? Are you bicoastal? I live in...
Tags: Companies and Corporations, U.S. Congress, Satellite and Cable Service, Entertainment, Corporate Officers
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Pay expert praises structure of Wells Fargo CEO's compensation
The $22.9-million pay package that Wells Fargo & Co. awarded Chief Executive John G. Stumpf last year is designed so that more than half of it depends on the bank's performance over three years -- a stride in the right direction, says an often-critical...
Tags: Annual and Special Corporate Meetings, Corporate Officers, Awards and Prizes
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Wells Fargo CEO John Stumpf tops bank pay list with $22.9 million
And the winner of this year's banker bonanza award is ... John G. Stumpf, chief executive of San Francisco's Wells Fargo & Co., with a 2012 compensation package totaling $22.87 million. Stumpf’s pay package, disclosed Thursday afternoon, was 15%...
Tags: Citigroup Incorporated, Bank of America Corp., Banking, Goldman Sachs Group, Inc., Corporate Officers
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Letters: What's behind higher premiums
Re "Another regulator chastises insurer," Business, March 8 Blue Shield of California is correct when it says that "executive compensation has nothing to do with our rates," but so is state Insurance Commissioner Dave Jones when he says that double-...Tags: Insurance, Health Care Reform (2009)
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Disney shareholders vote against splitting CEO, chairman positions
Shareholders have voted down two proposals brought forward at the Walt Disney Co. annual meeting that sought to change how the largest entertainment company in the world is governed. One proposal called for the future split of the chief executive and...
Tags: Iron Man 3 (movie), Companies and Corporations, Parties and Movements, PricewaterhouseCoopers, Corporate Officers
Apr 26, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 15, 2013
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Apr 12, 2013
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Apr 12, 2013
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Apr 12, 2013
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Apr 5, 2013
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Mar 16, 2013
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Mar 15, 2013
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Mar 14, 2013
|Story| Los Angeles Times
Mar 13, 2013
|Story| Los Angeles Times
Mar 6, 2013
|Story| Los Angeles Times
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