Jamie Gamble had an epiphany after retiring: Corporate executives “are legally obligated to act like sociopaths.” He has a proposal that he believes could fix that. Source: NYT > Business – Andrew Ross Sorkin
Elizabeth Warren Calls on Former F.D.A. Chief to Quit Pfizer Board
The Democratic presidential candidate rebuked Dr. Scott Gottlieb, saying his decision to align with a major drug company “smacks of corruption.” Source: NYT > Business – Sheila Kaplan
Nissan of Japan Discloses a New Recall, Adding to Its Problems
Its management faces quality problems and a slide in profitability in addition to a management crisis prompted by the arrest of Carlos Ghosn. Source: NYT > Business – Ben Dooley
Nissan Reappoints Saikawa to Board as Shareholders Hammer Renault
Investors vented their anger at Nissan’s French partner, showing that tensions still boil within the vast but troubled car-making alliance. Source: NYT > Business – Ben Dooley
It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising
Compensation for top bosses grew at double the pace of ordinary workers’ wages, according to our annual analysis. Topping the list: Elon Musk, with a $2.3 billion package. Source: NYT > Business – Peter Eavis
Deutsche Bank Investors, Armed With a List of Complaints, Face Managers
At its annual shareholders meeting, the bank’s chairman is facing pressure to resign amid a money laundering scandal and meager profits. Source: NYT > Business – JACK EWING