Jessica DiNapoli

PwC planning to hire 100,000 over five years in major ESG push

Jun 15 2021

NEW YORK Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed at helping its clients grapple with climate and diversity reporting and also in artificial intelligence, as part of its new global strategy.

Analysis: Bank of America leaves Wall Street wondering about next CEO

Jun 15 2021

NEW YORK When Brian Moynihan took the reins at Bank of America Corp in 2010, the U.S. bank was reeling.

New blood at Wall Street's old guard rattles Corporate America

Jun 03 2021

A new generation of executives at the world's biggest asset managers is helping drive an uprising against Corporate America that environmental and social justice activists have long campaigned for.

U.S. companies appoint more Black directors after social justice protests -report

May 25 2021

NEW YORK The number of African-American directors on corporate boards has risen significantly since the killing of George Floyd last year at the hands of Minneapolis police, according to a report by consultancy ISS Corporate Solutions.

Investor opposition to U.S. CEO pay at its highest ever -report

May 24 2021

NEW YORK Investors have rejected a record number of executive compensation plans in non-binding votes of U.S.-listed companies this year, objecting to pay rises and the easing of performance targets in the wake of the COVID-19 pandemic, according to an analysis by consulting firm ISS Corporate Solutions.

Apollo co-founder Josh Harris to step down from private equity firm

May 20 2021

(Reuters) -Apollo Global Management Inc said on Thursday co-founder Joshua Harris has decided to step down from his day-to-day role, the latest in a series of governance changes at the private equity firm.

VMware taps Raghuram as CEO, triggering Poonen's exit

May 12 2021

VMware Inc on Wednesday named its co-chief operating officer Raghu Raghuram as its new chief executive, prompting Sanjay Poonen, the business software company's other co-COO, who was vying for the top job, to depart.

Analysis-What happened when a U.S. state required details on corporate diversity

May 11 2021

Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland Co offered a more general accounting, saying its board was 55% diverse.

World News