Icahn opposes new directors chosen by Occidental CEO By Reuters


(Reuters) – Activist investor Carl Icahn on Wednesday opposed the appointment of two new directors picked by Chief Executive Officer Vicki Hollub for Occidental Petroleum Corp’s (N:) board. “As large stockholders, we are very concerned with the situation at Occidental Petroleum,” Icahn said in a letter to shareholders. (https:// Disclaimer:Read More →

Swiss Bank Julius Baer appoints Rickenbacher as CEO By Reuters


ZURICH (Reuters) – Julius Baer (S:) has appointed company insider Philipp Rickenbacher as its new chief executive officer, the Swiss private bank said on Monday, effective Sept. 1. The 48-year-old Swiss citizen, now head of intermediaries and global custody at the Switzerland’s third-largest listed bank, will replace Bernard Hodler whoRead More →

Here’s one powerful way to control CEO pay


Company shareholders are well-positioned to address income inequality by clamping down on sky high corporate pay, but new research says they’ll have to put their mouth where their money is. Shareholders — everyone from a retail investor with a 401(K) to asset management firms with vast pools of money —Read More →

Nokia CEO admits to delays in rolling out 5G By Reuters


© Reuters. FILE PHOTO: Rajeev Suri, Nokia’s President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona HELSINKI (Reuters) – Nokia (HE:) Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging itsRead More →