GlassLewis

Citi's Controversial $52 Million Payout to Top Banker Sparks Investor Vote Shift

8 days ago

In a surprising turn of events, Citigroup Inc. has found itself at the center of a corporate governance debate following a staggering $52 million compensation package awarded to its former Chief Financial Officer, Mark Mason. This exorbitant payout has drawn the ire of Glass Lewis, a prominent shareholder advisory firm, leading to a potential shift in voting recommendations for the upcoming shareholder meeting.

Corporate Governance Watchdog Criticizes Goldman Sachs' Executive Bonus Structure

13 days ago

In a significant critique of the financial behemoth Goldman Sachs, Glass Lewis, a pivotal player in proxy advisory services, has denounced the company's executive bonuses as "excessive." This condemnation comes in light of the firm's recent compensation decisions amidst a tumultuous economic landscape that has seen various firms tightening their belts.

Glass Lewis Backs Mantle Ridge in Ongoing Air Products Board Battle

3 months ago

In a significant development within the corporate governance landscape, Glass Lewis, a prominent advisory firm, has thrown its support behind Mantle Ridge in its ongoing contest for control over the board of Air Products and Chemicals, Inc. The conflict centers on two crucial board seats that Mantle Ridge is vying for, as it aims to influence the strategic direction of the industrial gas giant.