Articles by tag: shareholders
Eyebrows raised when Pfizer CEO sold some of his holdings in the company to the tune of $5.6 million. The prescheduled sale came at the perfect time, when the company publicly announced promising results from early COVID vaccine trials. CNBC reports that Bourla’s base salary was $1.65 million in April. After his most recent sale […]
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Home Depot Invests Pandemic Earnings Back into its Employees
As the pandemic has everyone staying home and tending to long procrastinated home improvement projects, Home Depot is reaping the profits. With the highest quarterly sales growth in 20 years, the company plans to compensate essential employees who worked throughout the pandemic with a raise. According to Yahoo Finance, Home Depot joins other big box […]
Business Services
Top CEOs Redefine the Purpose of a Corporation
This week, Business Roundtable, a coalition of hundreds of the U.S.’ major CEOs, issued a statement redefining the “Purpose of a Corporation.” 181 CEOs, including Jeff Bezos, Tim Cook, Jamie Dimon, signed on to the statement, which updates language to make shareholder value no longer the prime target for a corporation’s existence. In summation, […]