Latest News for: Executive excess


Overspending and conflict of interest at Cyprus NOC, audit report finds

Inside The Games 15 Oct 2021
"We have observed expenditures in various instances, which, in our service’s view, were excessive and or unnecessary," the audit report read ... "The chairman of the Executive Board has informed us that the Board will avoid excessive and unnecessary expenditure," the report added.

How the Army plans to deal with ‘tonnes’ of stuff brought back from Afghanistan

Federal News Radio 15 Oct 2021
So as we think about the modernization strategy that the Army is currently executing, we know that we’re going to have units that we have to displace a large amount of equipment as we field all the new systems that are coming online ... It says, “Hey, here’s the hole, here’s the excess – execute.”.

SEC votes to revive 2015 executive compensation clawback rule

New York Post 15 Oct 2021
... its tools for penalizing executives ... The SEC could use the new power to recover compensation in excess of what the executive concerned should have received in the event a company has to restate its financials due to “material noncompliance” with securities laws.

Your personal finance questions – Have I left it too late to start a pension now that I’m 58 years old?

Irish Independent 15 Oct 2021
Q I feel very late to the party with this question. I’m 58 and have never saved into a pension. I always just pushed it down the line, or thought I could rely on the State pension, but I realise now it just won’t be enough ... Q My wife and I currently have a VHI health insurance policy called Company Plan Executive (Excess) ... Business Newsletter ... .

Editorial: End California bullet train boondoggle, once and for all

East Bay Times 15 Oct 2021
It’s time for California’s leadership to abandon the state’s high-speed rail boondoggle, once and for all ... But lawmakers shouldn’t throw away additional money on a project that is going nowhere ... Rail authority Chief Executive Brian Kelly refused to quantify the magnitude of the excess charges ... Earlier this year, Gov ... .

U.S. SEC breathes new life into 2015 executive compensation clawback rule

Reuters 14 Oct 2021
... boosting its tools for penalizing executives ... The SEC could use the new power to recover compensation in excess of what the executive concerned should have received in the event a company has to restate its financials due to "material noncompliance" with securities laws.

BankFirst acquires Citizens Bank of Fayette

Mississippi Business Journal 14 Oct 2021
In making the announcement, BankFirst's President and Chief Executive Officer, Moak Griffin, said, "We are excited about the proposed acquisition of Citizens Bank and believe the cultural alignment between our organizations is strong ... Mills will remain with the Bank, serving as the Bank's Fayette Regional Executive.

Crofting body rebuked over lack of trust at the top

The Times/The Sunday Times 14 Oct 2021
Auditors found the board lacked confidence in the commission’s chief executive and had concerns about the leadership of the former convener, who resigned in June.

Physicians in independent practices are a minority now. What does that mean for your care?

The Columbus Dispatch 14 Oct 2021
Medical system executives say physician-hospital consolidation means better care for the patient. The rush of doctors to affiliate with medical systems stems in part from a desire to practice medicine full time while their business needs, such as billing and medical record-keeping, are handled for them, hospital executives say.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed ...

Omaha World-Herald 14 Oct 2021
... incidence, including claims before March 31, 2021 “in excess of the reserves.” During HyreCar’s earnings call, executives revealed that HyreCar had been forced to revamp its claims processes and procedures and improve its risk price adjustments for policies issued by HyreCar.

Vaccine Mandate Madness

Wall Street Journal 13 Oct 2021
President Biden’s excessive executive action mandating vaccines is causing an equally excessive reaction among some Republicans ... social harmony ... .

Senate body concerned about non-functioning MRI machines in capital’s hospitals

Dawn 13 Oct 2021
At a meeting of the committee chaired by Pakistan Tehreek-i-Insaf legislator Prof Dr Mehr Taj Roghani, Additional Secretary Ministry of the NHS Nabeel Awan confirmed that the MRI machines were out of order due to excessive load on them ... Machines not in working condition due to excessive load, official tells meeting.

Biden’s nominees show embrace of progressive views of Big Tech

Finger Lakes Times 13 Oct 2021
Biden signed an executive order on July 9 saying his administration would enforce antitrust laws “to combat the excessive concentration of industry.” The order said antitrust enforcement would be used to meet challenges posed by new industries and technologies, including the rise of the dominant internet platforms.

TLP chief’s detention case returned to LHC for fresh ruling

Dawn 13 Oct 2021
LAHORE ... Earlier, Advocate Burhan Moazam Malik, the counsel for Rizvi’s uncle, argued that the government’s appeal had become infructuous since the 90-day detention period had lapsed ... A law officer argued that the impugned order was a classic case of excess of jurisdiction as the LHC usurped the authority vested in and meant for the executive ... .

The Vaccine Culture War Doesn’t Have to Be So Dire

The Atlantic 12 Oct 2021
And understandably so. COVID-19 vaccines offer stellar protection against hospitalization and death ... Before 2020, the idea of President Donald Trump running the executive branch during a global pandemic would have filled many Democrats—as well as me—with fears of authoritarian overreactions and excesses ... In this house we believe … science is real ... .