Novo Nordisk Faces Board Overhaul Amid Strategic Shifts and Market Pressures
Leadership Turmoil at Europe’s Former Most Valuable Company Novo Nordisk, the Danish pharmaceutical giant behind blockbuster drugs Ozempic and Wegovy,…
Category: Governance
The Proxy Advisory Power Struggle: How Institutional Influence Could Reshape Tesla’s Future
The Battle Over Elon Musk’s Compensation Package Investment luminary Cathie Wood has launched a scathing critique against proxy advisory firms…
Proxy Advisor ISS Opposes Musk’s $1 Trillion Tesla Compensation Package
Leading proxy advisor ISS has recommended Tesla shareholders vote against Elon Musk’s proposed $1 trillion compensation package, calling the award “astronomical.” The recommendation comes as Tesla prepares for its November annual meeting where investors will decide on the controversial pay plan.
Proxy Advisor Opposes Musk’s Compensation Package
Institutional Shareholder Services (ISS), one of the most influential proxy voting advisory firms, has recommended that Tesla investors reject a proposed compensation package for CEO Elon Musk that could grant him nearly $1 trillion in additional stock, according to reports released Friday. The recommendation comes ahead of Tesla’s scheduled November 5 annual shareholder meeting, where investors will vote on the “mega performance equity award” designed to retain Musk long-term.