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☆ Former Obama press secretary Robert Gibbs hired to lead Warner Bros. Discovery PR
▼ + stars: | 2024-06-18 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

CNN —Robert Gibbs, a former White House press secretary during the Obama administration, will be joining Warner Bros. Warner Bros. But, like its competitors, Warner Bros. has largely struggled to persuade people to go to the movies this year. And Warner Bros. It won’t be Gibbs’ job to fix the media industry woes that are challenging Warner Bros.

Persons: Robert Gibbs, Obama, Gibbs, “ Barbie ”, Robert, ”, David Zaslav, Zaslav, ” Gibbs, Barack, He’ll, Katie Martin Kelly, Laura Watson, Nathaniel Brown Organizations: CNN, White House, Warner Bros, White, TNT, Discovery, NBA, Warner Bros . Discovery, DC Entertainment, Senate

☆ Jim Brown, legendary NFL running back, dead at 87
▼ + stars: | 2023-05-19 | by ( Bill Trott | ) www.reuters.com time to read: +7 min

[1/2] Former NFL football player Jim Brown speaks after meeting with U.S. President Donald Trump at the White House in Washington, U.S., October 11, 2018. Brown led the NFL in rushing in eight of his nine seasons and was voted the league's most valuable player four times. "I didn't retire because I was broken down and slow," Brown told Sports Illustrated in 2015. "I was basically a proponent of economic development as a way to equality, social equality," Brown told the Cleveland Plain Dealer in 2013. The NFL this year honored Brown by renaming the league's rushing title the Jim Brown Award.

☆ Shareholder votes offer check on unjustified CEO pay at S&P 500 companies, study finds
▼ + stars: | 2023-02-16 | by ( Ross Kerber | ) www.reuters.com time to read: +3 min

Feb 16 (Reuters) - Compensation for S&P 500 (.SPX) chief executives has soared in recent years even as investors cast more of their advisory "Say on Pay" votes against management, leading to doubts about the ballots' usefulness. Discovery's total shareholder return for 2021 was minus 22%, versus a gain of 29% for the S&P 500. Warner Brothers Discovery, created last year when Discovery Inc bought AT&T's (T.N) media assets, has not set the frequency of its pay votes. To rank CEOs as "overpaid," As You Sow used criteria including shareholder returns, critical shareholder pay votes and the ratio of CEO to worker pay. It noted the average share of votes cast "against" executive pay at S&P 500 companies climbed to 12.6% last year, from 11.7% in 2021 and 10.4% in 2020.

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