Market Chatter: Arm Faces Revolt Risk Over CEO Bonus

MT Newswires Live

7 hours ago

Arm Holdings (ARM) is facing a potential shareholder revolt over its plans to award its Chief Executive Rene Haas an "excessive" bonus of up to $800 million, the Telegraph reported Monday.

Advisory firms Institutional Shareholder Services and Glass Lewis have recommended investors to vote against a scheme that would reward the CEO if he turns Arm into Britain's first trillion-dollar company, according to the report.

The company's annual shareholder meeting is due Sept 9, the report added.

Arm declined to comment on the report following a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 240.69, Change: +1.63, Percent Change: +0.68

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 240.69, Change: +1.63, Percent Change: +0.68</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2664799000","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2664799000","pubTimestamp":1788203785,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 240.69, Change: +1.63, Percent Change: +0.68","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}