Shareholder advisory Institutional Shareholder Services said shareholders should vote against Apple CEO Tim Cook’s $99 million pay package at the company’s annual meeting March 4. ISS said they opposed the 2021 package because half of it wasn’t pegged to company performance, meaning that even if the 61-year-old retired the shares would continue to vest, according to Bloomberg. Cook’s...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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