CEOs took a disproportionate pay cut in the wake of last year’s financial meltdown and lagged significantly in bonus and perquisite compensation when compared with their male counterparts, according to a report released Monday by theTotal realized pay among the CEOs analyzed by the Portland, Maine-based research outfit declined by a median of 18.5 percent for women and 6.1 percent for men in 2008....
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NEW DELHI: The percentage of Indian CEOs, who are concerned about the risks of climate change, has nearly doubled over the past year, even as majority of firms do not currently have a climate change strategy in place, a survey says. As per the research conducted by PricewaterhouseCoopers, as much as 52 per cent of Indian CEOs cited climate change as a concern from 27 per cent last year. Despite this,...
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The percentage of IndianCEOs, who are concerned about the risks of climate change, has nearly doubledover the past year, even as majority of firms do not currently have a climatechange strategy in place, a survey says.As per the researchconducted by PricewaterhouseCoopers, as much as 52 per cent of Indian CEOs citedclimate change as a concern from 27 per cent last year.Despitethis, 60 per cent admitted...
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MUMBAI: Hemant Kaul, the executive director who spearheaded Axis Bank’s retail initiatives for the past five years, has put in his papers. He will take over as the CEO of Bajaj Allianz General Insurance. This is the first high-profile resignation after Shikha Sharma took over as the new CEO of Axis Bank four months ago and comes in a couple of weeks after she re-organised the operational structure...
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BANGALORE:Some former bankers are planning to bid for failing banks in the FederalInsurance Deposit auction process, and getting financial backing from WallStreet firms like Goldman Sachs and Deutsche Bank, a newspaper report saidciting sources.JPMorgan Chaseformer CEO William Harrison, former Wachovia CEO Robert Steele and HerbBoydstun, former CEO of Hibernia were among the banking veterans consideringsuch...
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 Group CEO Haresh Chawla speaks about the HomeShop18 operations. ...
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Bank of Rajasthan has announced that P. L. Ahuja, bank's previous managing director & CEO vacated the office on 19 November 2009. The new managing director and CEO G. Padmanabhan with 38 years of experience in State Bank of India has been appointed as managing director & CEO by Reserve Bank of India for a period of 2 years.The bank made this announcement during the trading hours today, 20 November...
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WASHINGTON: CEOs in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a researcher at Purdue University. Venkat Venkatasubramanian, a professor of chemical engineering, wanted to know if Chief executives in top-notch multinational companies are being fairly paid or not. "One of the most pressing economic and corporate governance issues...
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From Rupert Murdoch to bill Gates and Warren Buffett, CEOs of the most influential companies in the world have always been in the news. Whether it’s about stock performance, a crisis situation or employee relations, the CEO’s reputation is critical for a company to remain in good health. For the first time, Business Today in association with media analysts CARMA International has done an extensive...
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USOC hires search firm, names group to pick CEO < ');" class="arial11blue1"> RateThe U.S. Olympic Committee picked the team that will search for a new CEO, hoping to replace Stephanie Streeter by the end of the year.The organization hired the executive search firm Spencer Stuart on Thursday and appointed a nine-person selection committee that will be led by chairman Larry Probst and board members Bob...
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