{"id":14541,"date":"2012-02-04T10:30:00","date_gmt":"2012-02-04T09:30:00","guid":{"rendered":"http:\/\/www.fedaiisf.it\/novartis-la-rivolta-degli-azionisti-contro-il-board\/"},"modified":"2012-02-04T10:30:00","modified_gmt":"2012-02-04T09:30:00","slug":"novartis-la-rivolta-degli-azionisti-contro-il-board","status":"publish","type":"post","link":"https:\/\/www.fedaiisf.it\/en\/novartis-la-rivolta-degli-azionisti-contro-il-board\/","title":{"rendered":"Novartis, the revolt of the shareholders against the board"},"content":{"rendered":"<p style=\"margin: 0cm 0cm 10pt\" class=\"MsoNormal\"><font size=\"3\"><font face=\"Calibri\">(basic fr.) Hard times also in Switzerland. The Novartis board risks not being confirmed for having granted the president an overly generous bonus. The attack was launched by the Ethos foundation, which brings together institutional investors, and which has sustainable development as its objective. But most of all <span style=\"mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin\">\u00ab<\/span>recommend<span style=\"mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin\">\u00bb<\/span> pension funds. The director of Ethos, Dominique Biedermann, told newspapers that the president of the pharmaceutical multinational Daniel Vasella (<em>right photo<\/em>)&nbsp;<span style=\"mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin\">\u00ab<\/span>he earns millions of francs a month and it seems a bit much<span style=\"mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin\">\u00bb<\/span>. Vasella was paid 13.5 million Swiss francs in 2011, while Novartis&#039; profits fell by 7%. Ethos urged Novartis shareholders not to reappoint board members William Brody and Srikant Datar, members of the compensation committee.<\/p>\n<p><\/font><\/font><\/p>\n<p style=\"margin: 0cm 0cm 10pt\" class=\"MsoNormal\"><em style=\"mso-bidi-font-style: normal\"><span style=\"line-height: 115%; font-size: 9pt\"><font face=\"Calibri\">3 February 2012 \u2013 Corriere della Sera \u2013 pag. 35<\/p>\n<p><\/font><\/span><\/em><\/p>\n<p style=\"margin: 0cm 0cm 10pt\" class=\"MsoNormal\"><strong style=\"mso-bidi-font-weight: normal\"><span style=\"line-height: 115%; font-size: 14pt\"><font face=\"Calibri\">Ethos s&#039;attaque \u00e0 la pair du pr\u00e9sident de Novartis&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <img loading=\"lazy\" decoding=\"async\" style=\"width: 130px; height: 35px\" id=\"rg_hi\" class=\"rg_hi\" alt=\"\" width=\"130\" height=\"35\" data-width=\"130\" data-height=\"35\" src=\"http:\/\/t3.gstatic.com\/images?q=tbn:ANd9GcQWBL5kpoRLEA2AlTRKgUGvZF_vAVO3eaNOK3JdGSGHPxsEcujwhg\" \/><\/p>\n<p><\/font><\/span><\/strong><\/p>\n<p style=\"margin: 0cm 0cm 10pt\" class=\"MsoNormal\"><span style=\"line-height: 115%; font-size: 9pt\"><font face=\"Calibri\">jeudi 2 fevrier<\/p>\n<p><\/font><\/span><\/p>\n<p style=\"line-height: normal; margin: 0cm 0cm 12pt; background: white\" class=\"MsoNormal\"><span style=\"font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: IT; mso-bidi-font-family: Arial\"><em><font size=\"3\">ZURICH, Feb 2 (Reuters) - The Ethos foundation believes that the action naires of the Novartis pharmaceutic group will need to vote for the election of the members of the administrative council responsible for the attribution of primes to the president, Daniel Vasella. <\/p>\n<p><\/font><\/em><\/span><\/p>\n<p style=\"line-height: normal; margin: 0cm 0cm 12pt; background: white\" class=\"MsoNormal\"><span style=\"font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: IT; mso-bidi-font-family: Arial\"><em><font size=\"3\">&quot;Gagner un million de francs suisses par mois, c&#039;est trop&quot;, a d\u00e9clar\u00e9 the director of the Fondation Ethos, Dominique Biedermann, \u00e0 des journalistes \u00e0 Zurich. <\/p>\n<p><\/font><\/em><\/span><\/p>\n<p style=\"line-height: normal; margin: 0cm 0cm 12pt; background: white\" class=\"MsoNormal\"><span style=\"font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: IT; mso-bidi-font-family: Arial\"><em><font size=\"3\">Daniel Vasella re\u00e7u 13,5 million de francs suisses (11,2 million d&#039;euros) in 2011, contre 12 million de francs l&#039;ann\u00e9e pr\u00e9c\u00e9dente, alors que le b\u00e9n\u00e9fice de Novartis a baiss\u00e9 de 7%. <\/p>\n<p><\/font><\/em><\/sp\n<\/p>","protected":false},"excerpt":{"rendered":"<p>(fr.bas.) Tempi duri anche in Svizzera. Il board di Novartis rischia cdi non essere confermato per aver concesso al presidente un bonus troppo generoso. L&rsquo;attacco &egrave; stato sferrato dalla fondazione Ethos, che raggruppa investitori istituzionali, e che ha come obiettivo lo sviluppo sostenibile. Ma soprattutto &laquo;consiglia&raquo; i fondi pensione. Il direttore di Ethos, Dominique Biedermann, &hellip;<\/p>","protected":false},"author":1,"featured_media":9846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[],"class_list":["post-14541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fedaiisf-archivio-storico"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/posts\/14541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/comments?post=14541"}],"version-history":[{"count":0,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/posts\/14541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/media\/9846"}],"wp:attachment":[{"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/media?parent=14541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/categories?post=14541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fedaiisf.it\/en\/wp-json\/wp\/v2\/tags?post=14541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}