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Search resuls for: "Kathleen St"


8 mentions found


☆ Why Tesla wants to give Elon Musk a $55 billion pay package
  + stars: | 2024-04-17 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
Tesla is seeking shareholder approval for Elon Musk's pay package, which a judge previously struck down. AdvertisementWhy does Tesla's board think Elon Musk deserves a $55 billion pay package? Tesla plans to ask shareholders to vote again on Musk's $55 billion pay package after it was struck down by a Delaware Judge earlier this year. Tesla shareholders will be able to vote on the issue during the company's annual meeting in June. Musk does not receive a salary from Tesla and his pay package centered on a series of goalposts around the carmaker's financial growth, initially set in place in 2018.
Persons: Tesla, —, Elon, Robyn Denholm, Denholm, Kathleen St, J, McCormick, Musk Organizations: Elon, Service, Delaware Judge, Securities and Exchange Commission, Delaware Court, Tesla, The New York Times Locations: Delaware, Texas
☆ Elon Musk suggests Tesla could leave Delaware after a judge blocked his $55 billion pay deal
  + stars: | 2024-01-31 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +1 min
Elon Musk has lashed out at the state of Delaware. Musk posted a poll asking X users whether Tesla should change its state of incorporation to Texas. On Tuesday, a Delaware judge ruled against his $55 billion Tesla compensation package. The Tesla CEO lashed out after a Delaware judge ruled against his $55 billion compensation package on Tuesday. Judge Kathleen St. J. McCormick sided with a lawsuit from a Tesla shareholder that argued Musk's pay plan was excessive.
Persons: Elon, Musk, Tesla, —, Kathleen St, J, McCormick, Musk's Organizations: Service, Business Locations: Delaware, Texas
☆ Judge strikes down Elon Musk's $55 billion Tesla pay package
  + stars: | 2024-01-30 | by ( Grace Kay | ) www.businessinsider.com   time to read: +3 min
A Delaware judge ruled against Elon Musk's $55 billion Tesla compensation package. In 2018, a Tesla shareholder sued Tesla and Musk over the pay plan. A Delaware judge ruled to strike down Musk's $55 billion Tesla compensation package on Tuesday, siding with a shareholder who had argued in a lawsuit that the CEO's pay plan was over the top. Tesla shareholder Richard Tornetta sued Tesla and Musk over the massive pay plan in 2018, arguing that it was "beyond the bounds of reasonable judgment." Meanwhile, Tesla argued that the pay was necessary to maintain Musk's focus on Tesla and that shareholders like Tornetta have benefited from Musk's leadership.
Persons: Tesla, —, Elon Musk, Musk, Kathleen St, J, McCormick, Richard Tornetta Organizations: Elon Musk's, Service, Tesla's, Tornetta, Bloomberg, Tesla Locations: Delaware
☆ ‘You have to ask for help if you need it’: Billie Jean King encourages tennis players struggling with demands of the tour to seek support
  + stars: | 2023-06-30 | by ( Matias Grez | ) edition.cnn.com   time to read: +6 min
CNN —Billie Jean King has urged players that are struggling with the demands of being a tennis professional to seek support from psychologists. “Being a pro-athlete is hard,” tennis great King, who won 39 major titles, told CNN’s Christiane Amanpour. “The WTA [Women’s Tennis Association] has been fantastic with mental health for years, but people would say: ‘Why aren’t you doing anything?’Billie Jean King says support is available for players on the WTA Tour. The governing body has provided staff that are dedicated to athletes’ mental health for more than 25 years, with a Mental Health Care Provider available in person at tournaments, including all four grand slams, and there are virtual meetings available upon request in between tournaments. Naomi Osaka withdrew from the 2021 French Open, citing her mental health.
Persons: Billie Jean King, Naomi Osaka, Sabalenka, “, Emma Raducanu, King, CNN’s Christiane Amanpour, JP Yim, Kathleen Stroia, Ukraine –, Aleksandr Lukashenko, Tim Clayton, Raducanu, ”, hadn't, Clive Brunskill, “ We’ve, I’ve, ’ ” Organizations: CNN, WTA, Mental Health, ‘, Virginia Slims Circuit, WTA Tour, Wimbledon Locations: Paris, Ukraine, Osaka, Belarus
☆ Judge calls Elon Musk's legal team's efforts 'suboptimal' and takes a dig at his decision to waive due diligence on Twitter deal
  + stars: | 2022-09-07 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
A Judge had some harsh words for Elon Musk's legal team in its court battle with Twitter. Chancery Court Judge Kathleen St. J. McCormick sounded irritated with Musk's team at several points during the hearing. McCormick also called Musk's legal team "suboptimal" in its response to naming the parties involved in the deal. The judge pushed back at multiple claims from Musk's legal team. It wasn't the first time that the judge has had sharp words for Musk's legal team.
☆ Elon Musk takes another loss in Twitter battle as his request to delay trial is denied — but judge says he can add whistleblower allegations to his suit
  + stars: | 2022-09-07 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com   time to read: +5 min
Twitter has already seen negative effects on its business during the case so far, the judge said. Musk's team cannot do any kind of extensive additional discovery that will delay the case, with the judge only allowing "incremental" and "targeted" requests for more document production from Twitter. She rejected the billionaire's request to delay the trial, his second attempt to do so, reiterating that any further delay poses an outsized risk to Twitter as a business. "I am convinced that even four weeks' delay would risk further harm to Twitter too great to justify." While Zatko's whistleblower claims mainly revolve around security issues at Twitter, Musk seized on them to prove his allegations of fraud.
☆ Elon Musk scores court win in attempt to get Twitter to produce more data on fake accounts
  + stars: | 2022-08-25 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com   time to read: +4 min
A judge partially granted Elon Musk's demand for more data from Twitter on "bots." Twitter now has to give Musk's legal team information on an additional 9,000 Twitter accounts reviewed in the final quarter of last year, according to the order. Alex Spiro, a lead lawyer for Musk, said, "We look forward to reviewing the data Twitter has been hiding for many months." In his counterclaims against Twitter, Musk said the platform intentionally mislead investors regarding the company's prospects by "miscounting" the number of spam accounts on the site. In one, she rejected his position that the independent data analysts he used to analyze the previous Twitter data he had should be protected from discovery.
☆ Elon Musk scores a rare win in Twitter-acquisition lawsuit as the company is ordered to hand over documents from fired general manager
  + stars: | 2022-08-15 | by ( Kali Hays | ) www.businessinsider.com   time to read: +4 min
Last week Musk's attorneys demanded that documents from 22 Twitter employees be handed over. Judge Kathleen St. Jude McCormick on Monday ordered Twitter to comply in part with a motion to compel from Musk's attorneys. They requested documents from 22 additional Twitter employees they said had information on the company's process of analyzing spam or "bot" accounts. Musk's motion to compel for the additional documentation was filed last week confidentially, which means it doesn't appear on the court's docket. While Musk's attorneys pushed for document production from many additional Twitter employees, McCormick relented only on Beykpour.
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