Moderna is under fire after financial records showed the biotech company’s CEO Stephane Bancel earned around $393 million in 2022 from stock options he exercised as he received a 50% raise.
Bancel, whose firm is known for producing the COVID-19 vaccine, received $1.5 million in 2022, an increase of 50% from 2021, and Moderna increased his target cash bonus, a March securities and exchange commission filing shows.
Twitter users voted for owner and CEO Elon Musk to step down from his leadership role by a 15-point margin in a Sunday poll.
“Should I step down as head of Twitter? I will abide by the results of this poll,” Musk asked in a Sunday afternoon tweet. The query came after Twitter implemented several recent changes in its policies, specifically instituting a policy prohibiting the sharing of real-time public information that resulted in the suspensions of several journalists.
A group of conservative investors plan to take on four of the “wokest” corporations at upcoming shareholder meetings over allegedly discriminatory policies in an effort to defend shareholders, according to a press release.
The Free Enterprise Project of the National Center for Public Policy Research, a Boardroom Initiative (BI) coalition member, will make proposals at Walmart, Twitter, Facebook and Comcast shareholder meetings held over the next two weeks to hire outside firms to investigate whether or not the companies are placing merit behind “equity” considerations, according to the release.
The American Medical Association urged governors Monday to take a stand against laws banning transgender surgeries and procedures for minors.
American Medical Association (AMA) CEO James Madara sent an open letter to the National Governors Association Monday calling laws banning transgender surgeries for minors “a dangerous governmental intrusion into the practice of medicine,” noting that transgender and nonbinary gender identities “are normal variations of human identity and expression,” according to NBC News.
“As with all medical interventions, physicians are guided by their ethical duty to act in the best interest of their patients and must tailor recommendations about specific interventions and the timing of those interventions to each patient’s unique circumstances,” Madara wrote, the publication reported.