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  • Campbell’s directors favorite soups, headline mad libs

    Campbell’s directors favorite soups, headline mad libs
    2026/11/03
    DRThe Campbell’s CompanyNovember 17, 2026 9:00 a.m. Eastern Time virtualElect 12 directorsFabiola R. Arredondo: A gold soup mug with a built-in cashmere soup spoon (Burberry; formerly Saks)Howard M. Averill: A solar, tomato-soup scented calculator shaped like an Oscar statue (Time Warner CFO)CEO Mick J. Beekhuizen: A prototype soup called “All the Damn Soup” that incorporates every single Campbell’s product into one can so he can layoff manufacturing staff and increase his EPS-tied bonus (CEO and former Goldman Sachs Managing Director) with grilled cheese, plated as if it’s a new product launch.Bennett Dorrance, Jr.: “The Nepobaby Soup with Extra Sodium” from an oceanside resort in a third world country: heirloom tomatoes, secret family-recipe stock, a sprig of ivy, poppy seeds from MOMA’s permanent collection—served with a garnish of great-grandson oregano (founder family, Princeton Art History major)Maria Teresa (Tessa) Hilado: “Antihistamine Soup” injected directly into your nostrils (Allergan CFO)Grant H. Hill: A god damn basketball (NBA)Sarah Hofstetter: A can opener that disintegrates after each use so the consumer has to buy another stupid can opener because who cares anyway as long as people are buying, buying, buying (President of Profitero, Ltd., a global eCommerce SaaS analytics company that provides brand manufacturers with analytics and insights to accelerate eCommerce sales)Marc B. Lautenbach: Soup from a can. (CEO Pitney Bowes 2012-2023 before that 27 years at IBM)Mary Alice D. Malone, Jr.: “Jimmy Choo Tamia Flat” — $1,295 (founded the luxury footwear brand Malone Souliers; Following her mother’s death in June 2025, she and her sister Catherine Dorrance Malone inherited an 18% combined stake in The Campbell’s Company.)Keith R. McLoughlin: A soup spoon gavel hybrid for soup slurping and meeting chairing.” (Chair)Kurt T. Schmidt: “Interdimensional Munchie Chowder”: mac-and-cheese soup with pizza-roll dumplings, crushed Cape Cod mesquite-flavored chips, and a grilled-cheese crouton served in a mug that plays Dark Side of the Moon that is activated by the metal of a spoon (former CEO Cronos Group, cannabinoid company)Archibold D. van Beuren: a stack of money that smells like a bowtie dipped in hot gravy (descendant, Vice Chair of Brandywine Trust Group).1 SHPreport on the effectiveness of the Company’s regenerative agriculture program including pesticide reduction outcomes: As You SowCEO Pay Ratio 152:1One share one voteDorrance family 25%Bennett Dorrance 15%The Mary Alice Dorrance Malone Revocable Trust 10%Contango 6%Vanguard 8%BlackRock 9%2026 Corporate Responsibility ReportWokeWash34 photos221 people55% women44% POC10 management: 30% women; 0% POC“Diversity”: 10Biodiversity: 8Diversity: 22025 INCLUSION & BELONGING HIGHLIGHTS4C Employee Resource Group (ERG) modelIntroduced a comprehensive framework for enterprise diversity strategy planning and ERG optimization, emphasizing four key pillars that guide ERG strategy and impact:Culture – Building inclusive environments where all employees feel they belongCareer – Creating pathways for professional development and advancementCommunity – Fostering connection both internally and externally with volunteerism and outreach in support of our Community Affairs effortsCompany Impact – Contributing to business objectives and organizational successFor years, the farm has been applying organic fertilizers and incorporating diversity through crop rotations and cover crops.Female: 0; DEI; 0; woman: 0; women: 1 (Special Supplemental Nutrition Program for Women, Infants, and Children (WIC)); black: 0; people of color: 0; asian: 0 hispanic: 0; latino: 0; gay: 0; lgbtq: 0Board = 33% women (25% non-descendents); 17% POC (8% non former NBA players)Leadership team: 55% women; 11% POCMMA Headline MadLib Adventure_____________ finally fixed the age-old problem of stale cereal____________ Says Gen Z Are Lame for Not Worshipping AI____________ loses bid to toss NAACP lawsuit over Memphis data center air pollution__________ to pay $220 million after selling customer Smart Driver dataThe FTC accuses __________ of routinely overcharging customers__________'s founder wants to scan you___________ says Big Tech should get used to being hated — like Big PharmaBacking Up the Boss or Simply Backing Down? When Board Decisions Raise Questions About ____________________ Appoints Fabian Garcia as CEOAnthropic's IPO is also a landmark event for _____General Mills finally fixed the age-old problem of stale cerealSam Altman Says Gen Z Are Lame for Not Worshipping AISpaceX loses bid to toss NAACP lawsuit over Memphis data center air pollutionGM to pay $220 million after selling customer Smart Driver dataThe FTC accuses Dollar General of routinely overcharging customersSpotify’s founder wants to scan youReed Hastings says Big Tech should get used to being hated — like Big PharmaBacking Up the Boss or Simply Backing Down? When ...
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    38 分
  • DE(lection)I wins, glass cliff Democrats, CEO re-de-unwokification

    DE(lection)I wins, glass cliff Democrats, CEO re-de-unwokification
    2026/11/06
    Story of the Week (DR):Election day MM DRThe DEI Comeback? Overall Congress (119th ➔ 120th Projected)Total Women: 28.4% (152 members) ➔ 30.0%+ (155+ members)Total Democratic Women: 43% (111 members) ➔ >47% (117 to 130+ members)Total Republican Women: 15% (41 members) ➔ ~11% (24 to 28 members)Total Non-White Voting Members: 26% (139 members) ➔ ~26% (~135 to 140 members)Total Non-White Democrats: 45% (~118 members) ➔ ~48%–50% (~120 to 125 members)Total Non-White Republicans: 8% (22 members) ➔ ~6%–7% (~14 to 17 members)The leadership in diversity firstsDavid Crowley (Wisconsin – Democrat): The state's first Black governor.Peggy Flanagan (Minnesota – Democrat): First Native American woman elected to the US Senate.Abdul El-Sayed (Michigan – Democrat): First Muslim elected to the US Senate.Hakeem Jeffries (New York – Democrat): Set to become the first Black Speaker of the House of Representatives in US history.Byron Donalds (Florida – Republican): The state's first Black governor.Keisha Lance Bottoms (Georgia – Democrat): First Black woman elected governor in US history.Marsha Blackburn (Tennessee – Republican): The state's first female governor.Gina Hinojosa (Texas – Democrat): The state's first Latina governor.Deb Haaland (New Mexico – Democrat): First Native American woman elected governor in US history.Xavier Becerra (California – Democrat): First Latino elected governor in California history.Amy Klobuchar (Democrat – Minnesota): Won the Minnesota governorship to become the state’s first female governorAmy Acton (Democrat – Ohio): Elected the first woman governor of OhioPeggy Flanagan (Democrat – Minnesota): Elected to the U.S. Senate becoming the first Native American woman elected to the chamberThe who?The Costco Board Member and Other M.B.A.s Who Won in the MidtermsThe most notable was Helena Buonanno Foulkes, a Costco board member and former retail CEO, who won her race to become the next governor of Rhode Island..560, 9% influence, Skillsoft board, has Merit, limited deference, .664 carbon, .610 controversies The Blue Tsunami Swept Doctors and Scientists Into OfficeDr. Annie Andrews: Pediatrician (Incoming U.S. Senator for South Carolina). She has an extensive background in researching childhood asthma and the impact of gun violence on childrenDr. Abdul El-Sayed: Epidemiologist (Incoming U.S. Senator for Michigan)Dr. Adam Hamawy: Plastic and Reconstructive Surgeon (Elected to the U.S. House for New Jersey's 12th District). He is also an Army veteran who has served on humanitarian medical missionsDr. Richard Pan: Pediatrician (Elected to the U.S. House for California's 6th District). He previously served as a state senator and is well known for his advocacy in public health and vaccine policyDr. Amy Acton: Public Health Practitioner and Physician (Elected Governor of Ohio). She previously served as the state's health director during the early days of the COVID-19 pandemicThe data centersAI data centers also lost big in the 2026 midterm electionsVoters overwhelmingly chose to ban or pause local data center development across 38 out of 41 ballot measures. (The other three measures aren’t yet reporting results, according to Ballotpedia.)OpenAI pledges to halt NDAs in new data center policy proposal after election rebukeElon Musk Eyes Space Data Centers as Texas Election Freeze Stalls AI ExpansionTech giants turn to cash, concessions for AI rebrand after voters pummeled data centers 43-1The lone measure favoring data-center development was in Harwood, North Dakota. Voters rejected a proposed requirement for additional review of certain industrial developments, including data centers—so it counted as a vote to allow construction. It received 75.6% support. It was about data centers, but not exclusively. The Harwood measure would have added review requirements for certain large or high-impact industrial developments, including data centers. Voters rejected those added requirements; that’s why the tally classified Harwood as the one vote to “allow” data-center development. The measure wasn’t a direct vote approving a data center project.OpenAI will keep investing in AI data centers despite election results, CFO tells CNBCThe CEOsElon Musk's Texas-sized midterms failureElon Musk was the 2026 midterms' largest donor: at least $446 million ahead of the midterms.Musk chose to make his biggest play in Texas, his adopted home state and the headquarters of Tesla and SpaceX. Both his targets won handily: James Talarico and Gina HinojosaElon Musk's 'vote red' post vanished after Election DayCEOs need a new playbook after a midterm rebuke of TrumpOn the economic front, it’s clear that policymakers need to now prioritize addressing the cost of living, from grocery and gas costs to housing and health care, not to mention that debt. The debate around AI and data centers is likely to become more intense.But gone are the days when wooing Trump was sufficient to ...
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    57 分
  • Manthropic’s S-1, Theranos’ board, Peltz’s fail is his win

    Manthropic’s S-1, Theranos’ board, Peltz’s fail is his win
    2026/10/30
    Story of the Week (DR):Anthropic’s founders’ 80% giving pledge could be worth nearly $80 billion MMAnthropic’s Founders Pledged to Donate Most of Their Stock. Their IPO Tells Another Story.“In addition, our co-founders have each pledged to dedicate 80% of their personal equity in Anthropic to philanthropic causes. These commitments are voluntary, revocable expressions of each co-founder’s philanthropic intent and do not constitute legally binding obligations.”Americans Are Officially More Scared of AI Than a Loved One Getting CancerAnthropic IPO warns its AI could blackmail people, become sentient, end humanityAnthropic IPO (See Matt quiz)A24’s 2026 meta-documentary You Can See Everything, directed by Nathan Fielder and Lance Oppenheimcrossed $50M domestically faster than any non-concert documentary since Fahrenheit 9/11 and March of the Penguins.Billy Evans’ ‘Theranos 2.0’ startup has patents, investors, and a missing CTO—but no productZero Medical Experts on Theranos board: mostly included former U.S. officials and military leaders recruited by George SchultzTheranos was structured with dual-class stock giving Holmes shares with 100 votes each.A separate Board of Counselors was established after reputation damage from press reports and because of the board’s lack of medical and scientific expertise. It had zero fiduciary authority, no power to demand audited financial statements, and no authority to fire the CEO. Holmes leveraged their resumes on corporate letterheads for credibility while locking them out of corporate oversight.Elizabeth Holmes (2003–2018): Theranos founder/CEO/chairAs part of her 2018 SEC civil fraud settlement, Holmes was formally barred from serving as an officer or director of any public company for 10 years (2028)Channing Robertson (early years; exact dates unclear): Stanford chemical-engineering professor, Holmes’s mentor and Theranos’s first board member.Avie Tevanian (2006–2007): Apple’s former chief software technology officer and a Theranos director early on; he later said he raised concerns about the company’s progress and finances.Dolby Laboratories (2009-2021)George Shultz (2011–2016; Board Counselor until 2017): Former U.S. secretary of stateCharles Schwab; Gilead Sciences (Director Emeritus until 2019); Bechtel (private)Henry Kissinger (2011–2016): Former U.S. secretary of state and national security adviserHollinger International; ContiGroupWilliam Perry (2011–2016; Board Counselor until 2017): Former U.S. secretary of defenseFabrinet; CylinkSam Nunn (2011–2016; Board Counselor until 2017): Former U.S. senator and Senate Armed Services Committee chairmanThe Coca-Cola Company; General Electric; Dell; Chevron; Hess Corporation.Bill Frist (2011–2016; Board Counselor until 2017): Former U.S. senator, Senate majority leader and heart-transplant surgeonTeladoc Health; Select Medical Holdings; AECOM; AccoladeGary Roughead (2011–2016; Board Counselor until 2017): Retired U.S. Navy admiral and former chief of naval operationsNorthrop Grumman (2012-present)Richard Kovacevich (2011–2016): Former CEO/chair Wells FargoWells Fargo; Cisco Systems; TargetRiley Bechtel (2011–2016): Former CEO/chair of engineering and construction firm BechtelBechtel (private)Jim Mattis (2013–2017): Retired Marine Corps generalGeneral Dynamics (rejoined board in 2019)David Boies (2016): Prominent trial lawyer and chair of law firm Boies Schiller FlexnerWilliam Foege (2016): Former director of the Centers for Disease Control and PreventionFabrizio Bonanni (2016): Former EVP of biotechnology company AmgenStevanato Group (until 2021); XBiotechDaniel Warmenhoven (2016–2017): Former NetApp CEONetApp; Palo Alto Networks (LD until 2020); Aruba Networks; AlteryxRamesh “Sunny” Balwani (unclear dates): COO/boyfriendStory of the Week (MM):CEO proximity to Trump is now a national security threatNvidia CEO Jensen Huang may have been the target of a spy plot through 'Chinese intelligence asset,' report claims — exec from firm under investigation for smuggling banned AI chips to China accused of being a spy, was also feeding information to BeijingU.S. officials are worried that Beijing may be targeting close allies of President TrumpTrump reportedly chose not to do anything about the information, as he apparently did not want to affect Nvidia sales or antagonize Chinagiven Jensen Huang’s status as a celebrity CEO, it’s not surprising that he is surrounded by all kinds of people from both the U.S. and ChinaWorth remembering Huang was NOT a celebrity CEO from 1993 to 2016 - they didn’t make most of their revenue from AI chips until 2020, he was a celebrity after that. 25 years in nerdy obscurity making video game chips, 6 years as a leather jacket wearing celebrityBoard of national security experts = none:Tench Coxe (33 year), Harvey Jones (32 years), Brooke Seawell (28 years) - old skool VC brosJohn Dabiri (professor)Dawn Hudson (NFL marketing ...
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    58 分
  • Boys v. women, geothermal love, asexual fried chicken

    Boys v. women, geothermal love, asexual fried chicken
    2026/10/16
    Story of the Week (DR):AI Companies ‘Gaming Out’ Scenarios for ‘Catastrophic AI Event’ That Could Occur in a Matter of MonthsRetail giant Ahold Delhaize takes systems offline after cyberattackHackers Break Into Supermarket Fridges and Spoil All the GroceriesEU Commissioner on Cyber Attack on French Supermarkets: Food Weaponization Now a 'Reality'Anthropic Warns “AI Worms” Will Infect Your Smart Home Devices and Use Them to Self-Replicate Beyond ControlBoys vs. Women MM DRFull-on attacksTrump establishes committee to investigate Fed governor Lisa CookIlhan Omar’s Home Raided by DHS Following Trump-GOP Deportation ThreatsTrump and other Republicans have called for Omar to be stripped of her citizenship and deported for years.Elon Musk—Powerful Critic Of Illegal Immigrants—Worked Illegally In U.S. At Start Of Career, Report SaysBessent mocks Sen Warren, wishes her 'Happy Indigenous Peoples' Day' in response to letterTrump Delivers Brutal Parting Diss to Kimberly Guilfoyle: “No, she wasn’t a member of my family. She, I guess, dated my son a long time ago,”Trump Pardons at Least 85 Officials Tied to Corruption Cases With MAGA Allies Reaping Most of the Mercy: Most recipients were Republicans or vocal Trump supporters, while the clemency reduced prison time, financial penalties or legal consequences for dozens of officialsTrump Calls Letitia James a 'Disgusting Dog' After She Takes Over the Cornell Rape CaseCornell president acknowledges he knew about fraternity sexual assault but didn’t follow upCornell’s Powerful Board Meets as It Fights to Protect Its Reputation: The president argued this week that replacing him would be a mistake.Primary trustees: 38% women/full roster (including 3 named deputies): 39% womenBreakdown by professionBusiness, Finance & Private Enterprise: 39 (64%)Finance, VC, Hedge Funds & Private Equity: 16 (26.2%)Todd C. Builione (KKR), Bobby Jain (Jain Global), Beckie Robertson (Versant Ventures), Howard P. Milstein (NY Private Bank & Trust), Susan C. Schnabel (aXiomatic)Corporate Leadership & Industry Executives : 10 (16.4%)Angela Hwang (ex-Pfizer), Rick Schlesinger (Milwaukee Brewers), Robert W. Selander (ex-Mastercard), Amane A. Nakashima (Kewpie Corp), Timothy M. Barry (Agilon Health)Real Estate & Development: 5 (8.2%)Douglas F. Eisenberg (A&E Real Estate), Paul D. Rubacha (Ashley Capital), Stephen T. Mong (Orien Capital), Enrique J. Vila-Biaggi (Urban-Ona)Consulting & Professional Services: 4 (6.6%)Eric Adam Kutcher (CFO, McKinsey & Co), Jennifer L. Davis (Partner, Bain & Co), Hernán J.F. Saenz III (Global Head, Bain & Co)Technology, Science & Media: 4 (6.6%)Law & Legal Practice: 7 (12%)Stephen C. Robinson (Skadden; former U.S. District Judge), Eric Gonzalez (Brooklyn D.A.), Kevin P.B. Johnson (Quinn Emanuel), Martin F. Scheinman (Scheinman Arbitration)Campus & Academic Community: 6 (10%)Academia & Higher Ed Administration: 3 (4.9%)Campus Constituencies (Students & Staff): 3 (4.9%)Government, Public Policy & Labor: 5 (8%)Government & Public Officials (Ex-Officio): 3 (4.9%)Labor & Organized Workforce: 2 (3.3%)Philanthropy & Civic Leadership: 4 (6.6%)Where’s Bill Ackman??Employment/PayWomen fall through the cracks at work, especially on boards, report saysThere’s Even a Pay Gap Between Male and Female AI Agents‘If you take your foot off the pedal at all, you will start to stall’: Women in C-suite roles have stagnated, and the reasons go beyond the pipelineFear of being ‘too much’ silences women leaders. Here’s how to ask anywayPalmer Luckey says that executions should be 'public and brutal'Secret documents reveal donors behind $330 million for Trump’s ballroom: The records offer a panoramic view of a fundraising campaign that is extraordinary for its size and opacity.Money sourceDirect corporate / corporate-entity: $189M (62%)100% male-associated: i.e., Nvidia (Jensen Huang) & Meta (Zuck)Business-derived personal / family wealth: $102M (33%)83% men: i.e., Charles Ergen (Dish Network) & Stephen Schwarzman (Blackstone)2 women are Miriam Adelson (widow of Sheldon/Las Vegas Sands) & Isabela Herrera (member of an eighth generation of international bankers)Investment / financial vehicles: $15M (5%)100% male-associated: i.e., BlackRock Charitable Fund & Paul Singer FundElon Musk becomes biggest donor of US midterms cycle with $366m spentMacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last yearDealBook Summit LineupMainstage Interviews: Gender (21% women); Race (75% white / 17% South Asian / 8% Multiracial & Latina)Including J.D. Vance, Sam Altman, Greg Brockman, Shayne Coplan (Polymarket), David Ellison, Palmer Luckey (Anduril Industries), Elon Musk, Satya Nadella, Vlad Tenev (Robinhood)One of the 3 women is beauty brand executive Haley Bieber, who is Justin Bieber’s wife and Alec Baldwin’s nieceGroundbreakers: Gender (21% women); Race (83% white / 14% Black / 3% Middle Eastern)Task ForcesTask Forces —...
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    1 時間
  • SEC ❤️oil, Skydance ❤️ sexual harassment, and “masculine energy” company fails

    SEC ❤️oil, Skydance ❤️ sexual harassment, and “masculine energy” company fails
    2026/10/09
    Story of the Week (DR):Skydance Adds Bobby Kotick and Laurene Powell Jobs to Board, Taps Tony Blair as AdviserFormer Activision CEO Bobby Kotick Was Once Reviled by Gamers. Now He's Joining Skydance's Board of DirectorsThe crisis began in July 2021 when the California Department of Fair Employment and Housing (DFEH) sued Activision Blizzard, alleging a pervasive "frat boy" culture of rampant sexual harassment, discrimination, and retaliationInitially, Kotick and leadership claimed they were unaware of the severity of the issues or blamed them on a few bad actorsHowever, in November 2021, The Wall Street Journal published a bombshell investigation that squarely implicated Kotick. The report detailed several severe allegations:Concealing Misconduct: The report alleged that Kotick had known about multiple allegations of sexual misconduct and assault across the company for years. He reportedly failed to inform the board of directors about the severity of these claims, including alleged rapes and out-of-court settlements. Protecting Accused Executives: In one specific instance, the HR department recommended firing a co-head of the developer studio Treyarch after an investigation found he had sexually harassed a female employee. Kotick allegedly intervened and overruled HR to keep the executive at the company.Threatening an Assistant's Life: The report surfaced Kotick’s own history of alleged misconduct, including a 2006 incident where he left a voicemail threatening to have his assistant killed. A spokesperson for Kotick later admitted to the voicemail, claiming it was "hyperbolic" and noting that he had apologized and settled the matter out of court.Private Jet Lawsuit: The WSJ also reported on an incident involving a private jet Kotick co-owned, where a flight attendant claimed she was sexually harassed by the pilot. When she complained, Kotick allegedly told her he would ruin her financially.Kotick was never formally fired or removed by the board, instead his exit was orchestrated through a massive corporate buyout.Amid plummeting stock prices and reputational damage, Microsoft swept in to buy Activision Blizzard for nearly $69 billion in January 2022.Kotick officially stepped down in December 2023.Because he left as part of a successful merger rather than being fired for cause, he walked away with an enormous "golden parachute" payout, cashing out hundreds of millions of dollars in stock and severance packages. Anthropic Has Been Aggressively Lobbying the Vatican to Consider AI ConsciousnessAccording to new reporting from the New York Times, the company has for months been wining and dining religious scholars across the world in secret, NDA-secured meetings to convince them that AI models think and feel, too. Anthropic even reportedly went after the Pope.Christopher Olah, a cofounder and senior researcher at the Claude chatbot maker, aggressively lobbied the Vatican after learning Pope Leo XIV’s official position on AI, per the reporting.Christopher Olah: Canadian; studied mathematics at the University of Toronto for one year before dropping out to "support a friend accused of terrorism;" received a Thiel Fellowship in 2012; previously worked at Google and OpenAI; atheistSam Altman Warns Against 'Religious Force' in AI After Elon Musk's Grok Calls Jesus 'Son of God'OpenAI's Altman: Ascribing religion to models a "safety issue"'SEC Warns Activist Investors After Climate Push at Exxon Mobil, see Matt (1) MM DRStory of the Week (MM):OIL #1: SEC Warns Activist Investors After Climate Push at Exxon MobilReport of Investigation Pursuant to Section 21(a) of the Securities Exchange Act of 1934:Climate Action 100+ and the Election of Directors at the May 2021 Annual Meeting ofExxonMobil CorporationIn the context of ExxonMobil’s 2021 director election, the investigation examined whether members of CA100 used the organization as a means of coordinating their votes to influence the outcome of the contested director election at the 2021 annual meetingThe evidence also suggested CA100 and its members pressured BlackRock and State Street to support CA100 ̶flagged matters submitted to a shareholder vote, including the May 2021 election of dissident directors to ExxonMobil’s board. On the other hand, Vanguard never became a member of CA100, and the investigation did not develop evidence that BlackRock or State Street agreed to vote proxies in certain manners or shared their proxy voting intentions with investors or others associated with CA100.Report goes on to say that Ceres pressure Blackrock and State Street (and conveniently ignores Vanguard, who also voted for Engine No 1 directors but DIDN’T join CA100) - but Blackrock only joins after GPIF pulls 25bn in assets (GPIF, not a Ceres member, a Japanese pension fund)Most of this report is an indictment of Mindy Lubber (retiring CEO of Ceres) and non profit culture, where they routinely overstate how important they are to change and their ability to ...
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    58 分
  • GOOD GAME: AI kill switch, underwater solar, Trump accounts

    GOOD GAME: AI kill switch, underwater solar, Trump accounts
    2026/10/06
    AICalifornia bans employers from using AI alone to fire workersNewsom advances AI 'kill switch' mandate under new California executive orderZohran Mamdani Bans AI for NYC Public School Students Up to Eighth GradeWalmart bans AI slop signs in storesOpenAI adds AI safety official to its boardformer company employee Paul Christianoserved as a senior tech advisor to the federal government's Center for AI Standards and Innovationfounder of the Alignment Research Center, a nonprofit that aims to ensure AI remains in support of human interestsNERDY ESG STUFFOracle to Launch Public Dashboard with Emissions, Water Use Data for New Hyperscale Data CenterGeneral Mills is naming its COO as CEO, its first woman to hold the roleDana McNabb, who has spent 27 years at the company, as General Mills works to return to profitable growthJeff Harmening, who has served as CEO since 2017, will transition to executive chairScientists Unveil Underwater Solar PanelsHonda plans highway test of tech that charges moving trucksObama Says Governments Would Be 'Better' if Women Ran Them: 'I'm confident about that'More than half of directors want at least one fellow board member removedClimate Pledge Tops 700 Companies Committing to Net Zero by 2040Japan's large-ship hydrogen engine cuts CO2 emissions 95%SEC’s plan to scrap shareholder proposal rule sparks criticismThe latest gender battle: Nobody asks why having more men is betterSPEED ROUNDTrump Accounts have auto-enrolled more than 60 million childrenWalmart is rolling out light-up shelf labels to help shoppers find items in storesPeter Thiel says he worries it will be hard for JD Vance or Marco Rubio to win in 2028Waymo Calls Cops on Passengers With Assault RifleMamdani Targets ‘Greedy Algorithm’ of Corporations in a New Brand of PoliticsFall movie preview: ‘The Social Reckoning’ and others take aim at Big Tech mogulsKraft Heinz is launching a mac and cheese-flavored cream soda
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    38 分
  • Morally binding agreements, CEO pay manufacture, and Vanguard’s ESG policy

    Morally binding agreements, CEO pay manufacture, and Vanguard’s ESG policy
    2026/10/02
    Story of the Week (DR):Top AI executives sign commitment to ‘self-police’ after meeting at White House MM DRCount the women:Trump says he and tech leaders signed AI agreement that is 'morally bindingHouse Speaker Johnson says he hopes AI guardrails are 'voluntary' amid Congress inactionDonald Trump orders federal agencies to rename AI ‘Super Intelligence’OpenAI just launched its answer to Meta: 'always-on' AI agents called DotsWe told you so, part 2:Non-deferential boards matter: Peter Thiel Says Trump Administration Overcorrected With Loyalty Tests to Staff 'Not Very Smart' PeopleRecently former CEOs who are now Executive Chairs are still CEO: Ex-Disney CEO Bob Chapek says he raised concerns with the board 'weekly' during Iger power battle”I started hearing about lunches that he had and dinners that he had where he was absolutely trashing me.”He noted that when he brought concerns to the Disney board about Iger, he was told, ‘He’ll be gone in two years. It’s OK. That’s Bob being Bob.’”“CEO” hires:General Mills is naming its COO as CEO, its first woman to hold the roleGeneral Mills named COO Dana McNabb, making her the first woman to lead the Minneapolis company in its 160-year history.McNabb joined General Mills in 1999She will succeed Jeff Harmening, who has served as CEO since June 2017, effective Jan. 1, 2027.Harmening will transition to executive chair of the board of directors on that same date.Glass Cliff? "Returning the company to profitable growth is the priority”David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. DiscoveryParamount poaches Mattel CEO to be co-CEO of new company merged with Warner Bros. DiscoveryParamount’s new co-CEO once hired a barista he met at a café with no résumé. His advice to Gen Z: ‘Look up and make eye contact’8 in 10 Gen Z and millennials have two jobs to make ends meet, Goldman Sachs finds, as the affordability crisis ‘crowds out’ any retirement hopesYnon Kreiz’s Paramount Co-CEO Pay Package Tops $46.5 MillionNew Name of Paramount-Warner Bros. Unveiled: SkydanceStory of the Week (MM):Trump says he and tech leaders signed AI agreement that is 'morally binding’Manufactured CEO payAmerica’s Top Executives Rake In $1.7 Billion in Special PayoutsAntoinette Giblin of Diligent had this to say: “One of the biggest drivers this year is intensifying competition for executive talent. Boards are navigating this while also asking CEOs to manage a broader range of risks, including supply chain disruptions, tariffs and the challenges and opportunities created by AI. Rising CEO turnover has added to the urgency,” Giblin said. “Strong market performance has also played an important role. Total shareholder returns reached notable highs for both the S&P 500 and the Russell 3000 in recent years, which has influenced executive compensation outcomes.”Are we all just part of the gaslight now? TALENT COMPETITION and MARKET CHALLENGES? Here’s some food for asshole thought:Fortune 100 CEOs preferred Republican-affiliated campaigns, with 85% of the total dollars donated during the two cycles going to Republican-affiliated candidates, PACs, and party committees. Only 7% of contributions went to Democratic-affiliated entities, while 8% were given to committees that backed candidates from both parties.The party they support put in place tariffs, supply chain disruptions, back AI - manufacturing “challenges”, which would OTHERWISE be called their JOBSThe same party they support targets and undermines hiring broader talent, in which we know “meritocracy” is code for “white guys” and “anti-DEI” is code for “no more diverse CEOs” - manufacturing “competition” for executive talent by narrowing the talent poolThose factors are then used to justify PAYING CEOs with “special retention” awardsInvestors shrug and support the pay committee even when they DO NOT support payAverage director support: 96%. Average pay committee member support: 95.4%. Average pay chair support: 94.5%. So the capture works like this: CEO donates to one political party, political party manufactures scarcity and challenges, CEO paid extra by pay committee, investors vote for pay committees, repeat.IBM Elects Frank Baker to its Board of DirectorsFirst, there was no election - investors elect. If a board selects a new director, they can “appoint” but not elect - the election is usually in April, so the next election is April 2027The board was decreased to 13 when Fred Waddell left at the last meeting, and was increased to make room for BakerIt was important to add Frank because they didn’t have any Econ bros on the board, and Baker’s background is private equity and venture capital - except that everyone on the board mirrors his experience:Notice what the board DOESN’T have - someone with a basic degree or background in computers, engineering, or computer science!Why is this the story of the week?No one ...
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    50 分