Barron’s cited Rosanna Landis Weaver, a program manager at shareholder advocacy group As You Sow, who claims that companies will sometimes set ESG bonus targets for "dealing with low-hanging fruit." "Everybody should be having these town halls, this isn’t what we should be paying extra for," she told the Barron’s. Read More →
Read MoreFor example, AT&T shareholders voted against an executive compensation measure in April. In 2021, 16 companies had executive pay packages rejected by shareholders, according to As You Sow, an activist investor group. Read More →
Read More"Say on pay is underutilized," says Rosanna Landis-Weaver, who steers the Wage Justice & Executive Pay program at shareholder advocate As You Sow, which recently published a study on executive compensation and greenhouse gas emissions. Read More →
Read MoreOracle has been telling investors that because it did not hit certain goals related to its cloud computing business, none of its top four executives earned any chunk of the massive block of stock options they were granted last year.
Read MoreIdentifying the median worker is one of the most interesting bits of information the disclosure provides, according to Rosanna Landis Weaver of As You Sow, a shareholder advocacy group that emphasizes environmental and social corporate responsibility issues.
Read More“It’s a warped economic system,” says Rosanna Landis Weaver, program manager of the CEO Pay Program at shareholder advocacy group As You Sow.
To be fair, the job is fraught with peril. Many of these media chiefs are navigating a rapidly changing world order, one in which movie attendance is slipping in popularity and cable cords are being cut. If that’s not enough, there’s a massive wave of consolidation afoot among the traditional media giants, as a way to compete in the direct-to-consumer space with streaming powerhouse Netflix.
“Looking back, it will be interesting to see whether or not the companies that managed all the changes the best were the ones with the highest-paid executives,” says Landis Weaver.
Read MoreRosanna Landis Weaver, programme manager of the CEO pay initiative at As You Sow, said there is growing “awareness of the hazards of outlandish CEO pay packages”. She added: “Unfortunately, awareness has not translated into votes. The rubber-stamping trend continues, even with evidence showing persistent underperformance of the highest paid CEOs.” Andrew Behar, chief executive of As You Sow, added that it was time for the biggest fund managers to realise “how they’re abandoning their fiduciary duty by continuing to approve absurd pay packages”.
Read More“Does that mean these individuals performed better? No, it just shows they were in the right place at the right time,” said Rosanna Landis Weaver, who heads executive compensation research at shareholder advocacy firm As You Sow.
Read MoreShareholder advocacy group As You Sow’s annual report of the 100 Most Overpaid CEOs has just been released and, as usual, the salaries of the top CEOs are staggering. Topping this year’s list are Oracle’s co-CEOs Safra A. Catz and Mark Hurd who made a whopping $82,065,708. While that’s not the highest price tag, As You Sow determined they were the most over-compensated CEOs through a complex methodology that you can read here, if you’re into that sort of thing.
Read More“I appreciated today’s letter, particularly the encouragement not to ‘succumb to short-term pressures to distribute earnings,’” said Rosanna Landis Weaver, program manager at shareholder advocacy group As You Sow, which promotes environmental and social corporate responsibility, in an email, adding that she took his words to be a reference to stock buybacks and dividends — measures often designed to placate shareholders without boosting the long-term value of a company.
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