Boards of Directors
How Elon Musk and Tesla Helped Make C.E.O Pay Even Richer
While those compensation totals are taken from the company’s financial filings, they are often estimates driven by the companies’ attempts to value the stock their chief executives might receive. As a result, the executives may earn less than those totals, especially if the bear market persists and their companies’ stock prices remain depressed, but they […]
Know More
What Sheryl Sandberg’s Exit Reveals About Women’s Progress in Tech
But many of them encountered difficulties steering aging tech companies. Of those women, only Ms. Catz, Ms. Hood and Ms. Porat remain in their roles. “The snail’s pace of progress for women leaders in Silicon Valley is worse than disappointing,” said Nicole Wong, a deputy chief technology officer for the Obama administration and a former […]
Know More
Sheryl Sandberg Steps Down From Facebook’s Parent Company, Meta
Ms. Sandberg flirted with leaving Facebook. In 2016, she told colleagues that if Hillary Clinton, the Democratic presidential nominee, won the White House she would most likely assume a job in Washington, three people who spoke to her about the move at the time said. In 2018, after revelations about Cambridge Analytica and Russia’s interference […]
Know More
Even Among Corporate Raiders, Elon Musk Is a Pirate
The history of mergers and acquisitions is filled with ruthless corporate raiders, bruising wars of words and people trying to stiff each other. T. Boone Pickens, the oil tycoon who rampaged through the 1980s, took small stakes in energy companies, attacked management and forced sales of the firms. Carl Icahn, the activist investor, amassed shares […]
Know More
How Twitter’s Board Went From Fighting Elon Musk to Accepting Him
Twitter’s board had reached the end of the road. It was April 24. Ten days earlier, Elon Musk, the world’s richest man, had made an unsolicited bid to buy Twitter for $54.20 a share. Alarmed by the out-of-the-blue proposal and uncertain if the offer was for real, the social media company had adopted a “poison […]
Know More
Instacart’s Pandemic Boom Is Fading
Mr. Mehta told each company that he was talking to one of its biggest competitors, so it had to act fast. But the discussions did not get far. The other companies had concerns about the price and antitrust scrutiny. Instacart declined to comment on deal talks, which were previously reported by The Information. Around that […]
Know More
What Is a ‘Poison Pill’ Defense?
On Friday, Twitter countered Elon Musk’s offer to buy the company for more than $43 billion with a corporate tool known as a poison pill, a defensive strategy familiar to boardrooms trying to fend off takeovers but less familiar to everyday investors. This defense mechanism was developed in the 1980s as company leaders, facing corporate […]
Know More
Twitter Grapples With an Elon Musk Problem
SAN FRANCISCO — Bright and early on Monday, Elon Musk sent the government a surprising new document. In it, the world’s wealthiest man laid out his possible intentions toward Twitter, in which he has amassed a 9.2 percent stake, underlining how drastically his position had changed from a week ago. Mr. Musk could, if he […]
Know More
Elon Musk Will Not Join Twitter’s Board, Company Says
Elon Musk, the world’s wealthiest man and the biggest shareholder of Twitter, will no longer join the social media service’s board of directors, the company said late Sunday. Twitter had announced on Tuesday that Mr. Musk, 50, would be appointed to its 11-person board in a term that expires in 2024. That followed the revelation […]
Know More