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Here Come the Crypto Rules
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Few companies stick with pledge to shut off funding for GOP objectors
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CEOs are getting paid bonuses like there was no pandemic By Stephen Gandel COVID recession hits low-wage workers hardest
Yum Brands profits slumped hard last year as the coronavirus pandemic shuttered restaurants around the U.S. That didn t stop the fast-food giant from awarding its CEO a multimillion-dollar bonus.
The company, whose restaurant brands include KFC, Pizza Hut and Taco Bell, disclosed in a recent regulatory filing that CEO David Gibbs had failed to qualify for a hefty payout because of the company s 25% drop in earnings in 2020. Yet Yum s board of directors also said it was unfair for the executive to give up his bonus just because of the pandemic s adverse impact on the company s financial results.
Vanguard and BlackRock split in a close vote on CEO pay at drug distributor AmerisourceBergen
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