Grasso under pressure over pay deal

Grasso under pressure over pay deal

Richard Grasso, the chairman of the New York Stock Exchange, maybe ousted from his job over his massive pay package.

Link: NYSE chief faces SEC wrath over pay deal

Grasso is due to receive a whopping $140m (£88m) from the NYSE, but this is now being investigated by the Securities & Exchange Commission.

In addition both New York’s state comptroller and California’s state treasurer are calling on Grasso to resign, the BBC Online reported.

Grasso has been chairman of the NYSE since 1995 and has spent his entire 35-year career with the stock exchange.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

5m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

9m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor