The Wall Street Journal

CEO with US$110m pay package is suddenly out

CEO with US$110m pay package is suddenly out
Kiwi Camara’s departure was disclosed in a securities filing on Monday. (WSJ)
The Wall Street Journal
By Theo FrancisA big payday doesn’t always keep a chief executive employed.Just over a year after CS Disco shareholders approved a CEO pay package worth nearly US$110 million (NZ$186m) – one of the biggest of 2022 – the company’s co-founder and CEO, Kiwi Camara, resigned with little explanation.His departure, disclosed in a securities filing on Monday, could mean Camara loses the stock options that made up nearly all of the pay package. Camara didn’t respond to requests for comment. CS Disco shares fell nearly...

More World

Warren Buffett donates another US$1 billion
Investments

Warren Buffett donates another US$1 billion

Four family foundations will receive shares worth more than US$1 billion (NZ$1.6b).

Rocket Lab nabs Biden funding
Markets

Rocket Lab nabs Biden funding

Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours.The New Zealand-American firm also said on Tuesday it had finalised US$23.9 million (NZ$41.3m) in Biden administration “Chips Act” funding.Proposed recipients of funding under the legislation, design...

Staff reporters 26 Nov 2024
Scott Bessent sees a coming ‘global economic reordering'
World

Scott Bessent sees a coming ‘global economic reordering'

Trump’s pick for Treasury secretary is a fierce defender of his approach to trade.