{"id":4856,"date":"2016-04-22T14:48:40","date_gmt":"2016-04-22T14:48:40","guid":{"rendered":"https:\/\/cbisonline.com\/us\/?p=4856"},"modified":"2016-04-22T14:48:40","modified_gmt":"2016-04-22T14:48:40","slug":"cbis-stands-up-against-excessive-compensation","status":"publish","type":"post","link":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/","title":{"rendered":"CBIS stands up against excessive compensation"},"content":{"rendered":"<p>CBIS stood with large numbers of Anglo American\u2019s shareholders in voting against a lucrative compensation package for the company\u2019s CEO. Bloomberg News noted that it was a sign of \u201cgrowing dismay\u201d on the part of shareholders given the rout in commodity prices and the company\u2019s plans to cut tens of thousands of jobs in a restructuring. \u201cIn light of the mining closures, the financial losses and the 85,000 workers who will lose their jobs, this is no time for an outsized pay package,\u201d said Julie Tanner, Director of Catholic Responsible Investing at CBIS, \u201cWhile we applaud CEO Mark Cutifani\u2019s vision for mining as an industry that acts as responsible, reliable partners for both local communities and the environment, the remuneration committee of the board must look to restore profitability, \u201d According to Bloomberg News, Anglo reported a $5.6 billion net loss in 2015, following a loss of $2.5 billion the previous year. Their shares dropped nearly 70% in 2015. In 2015, CBIS traveled with faith-based leaders to Anglo American\u2019s Venetia diamond mine in South Africa to meet corporate staff, communities, civil society organizations and workers.<\/p>\n<p>Shareholders rejected CEO pay packages in the oil sector as well:  BP CEO Bob Dudley\u2019s pay package of $19.6m was rejected by investors at a shareholder meeting last week. CBIS also voted against the measure. Bloomberg News reported that the oil giant said 59% of shareholder votes were against the company\u2019s compensation decisions in 2015. For the year, BP lost $5.2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBIS stood with large numbers of Anglo American\u2019s shareholders in voting against a lucrative compensation package for the company\u2019s CEO. Bloomberg News noted that it was a sign of \u201cgrowing dismay\u201d on the part of shareholders given the rout in commodity prices and the company\u2019s plans to cut tens of thousands of jobs in a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[52],"tags":[],"class_list":["post-4856","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions\" \/>\n<meta property=\"og:description\" content=\"CBIS stood with large numbers of Anglo American\u2019s shareholders in voting against a lucrative compensation package for the company\u2019s CEO. Bloomberg News noted that it was a sign of \u201cgrowing dismay\u201d on the part of shareholders given the rout in commodity prices and the company\u2019s plans to cut tens of thousands of jobs in a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/\" \/>\n<meta property=\"og:site_name\" content=\"CBIS | Catholic Socially Responsible Investment Solutions\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CBISSocial\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-22T14:48:40+00:00\" \/>\n<meta name=\"author\" content=\"WP-Goodness\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cbisonline\" \/>\n<meta name=\"twitter:site\" content=\"@cbisonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WP-Goodness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/\"},\"author\":{\"name\":\"WP-Goodness\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#\\\/schema\\\/person\\\/8c266b8fb1ea80a436e10e5fe0d0654d\"},\"headline\":\"CBIS stands up against excessive compensation\",\"datePublished\":\"2016-04-22T14:48:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/\"},\"wordCount\":249,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/\",\"url\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/\",\"name\":\"CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#website\"},\"datePublished\":\"2016-04-22T14:48:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/cbis-stands-up-against-excessive-compensation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBIS stands up against excessive compensation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#website\",\"url\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/\",\"name\":\"CBIS | Catholic Socially Responsible Investment Solutions\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#organization\",\"name\":\"CBIS | Catholic Socially Responsible Investment Solutions\",\"url\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/logo.svg\",\"contentUrl\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/logo.svg\",\"width\":287,\"height\":91,\"caption\":\"CBIS | Catholic Socially Responsible Investment Solutions\"},\"image\":{\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/CBISSocial\",\"https:\\\/\\\/x.com\\\/cbisonline\",\"http:\\\/\\\/www.linkedin.com\\\/company\\\/christian-brothers-investment-services\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cbisonline.com\\\/us\\\/#\\\/schema\\\/person\\\/8c266b8fb1ea80a436e10e5fe0d0654d\",\"name\":\"WP-Goodness\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/","og_locale":"en_US","og_type":"article","og_title":"CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions","og_description":"CBIS stood with large numbers of Anglo American\u2019s shareholders in voting against a lucrative compensation package for the company\u2019s CEO. Bloomberg News noted that it was a sign of \u201cgrowing dismay\u201d on the part of shareholders given the rout in commodity prices and the company\u2019s plans to cut tens of thousands of jobs in a [&hellip;]","og_url":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/","og_site_name":"CBIS | Catholic Socially Responsible Investment Solutions","article_publisher":"https:\/\/www.facebook.com\/CBISSocial","article_published_time":"2016-04-22T14:48:40+00:00","author":"WP-Goodness","twitter_card":"summary_large_image","twitter_creator":"@cbisonline","twitter_site":"@cbisonline","twitter_misc":{"Written by":"WP-Goodness","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/#article","isPartOf":{"@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/"},"author":{"name":"WP-Goodness","@id":"https:\/\/cbisonline.com\/us\/#\/schema\/person\/8c266b8fb1ea80a436e10e5fe0d0654d"},"headline":"CBIS stands up against excessive compensation","datePublished":"2016-04-22T14:48:40+00:00","mainEntityOfPage":{"@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/"},"wordCount":249,"commentCount":0,"publisher":{"@id":"https:\/\/cbisonline.com\/us\/#organization"},"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/","url":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/","name":"CBIS stands up against excessive compensation | CBIS | Catholic Socially Responsible Investment Solutions","isPartOf":{"@id":"https:\/\/cbisonline.com\/us\/#website"},"datePublished":"2016-04-22T14:48:40+00:00","breadcrumb":{"@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cbisonline.com\/us\/cbis-stands-up-against-excessive-compensation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cbisonline.com\/us\/"},{"@type":"ListItem","position":2,"name":"CBIS stands up against excessive compensation"}]},{"@type":"WebSite","@id":"https:\/\/cbisonline.com\/us\/#website","url":"https:\/\/cbisonline.com\/us\/","name":"CBIS | Catholic Socially Responsible Investment Solutions","description":"","publisher":{"@id":"https:\/\/cbisonline.com\/us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cbisonline.com\/us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cbisonline.com\/us\/#organization","name":"CBIS | Catholic Socially Responsible Investment Solutions","url":"https:\/\/cbisonline.com\/us\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cbisonline.com\/us\/#\/schema\/logo\/image\/","url":"https:\/\/cbisonline.com\/us\/wp-content\/uploads\/sites\/2\/2021\/10\/logo.svg","contentUrl":"https:\/\/cbisonline.com\/us\/wp-content\/uploads\/sites\/2\/2021\/10\/logo.svg","width":287,"height":91,"caption":"CBIS | Catholic Socially Responsible Investment Solutions"},"image":{"@id":"https:\/\/cbisonline.com\/us\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CBISSocial","https:\/\/x.com\/cbisonline","http:\/\/www.linkedin.com\/company\/christian-brothers-investment-services"]},{"@type":"Person","@id":"https:\/\/cbisonline.com\/us\/#\/schema\/person\/8c266b8fb1ea80a436e10e5fe0d0654d","name":"WP-Goodness"}]}},"_links":{"self":[{"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/posts\/4856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/comments?post=4856"}],"version-history":[{"count":0,"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/posts\/4856\/revisions"}],"wp:attachment":[{"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/media?parent=4856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/categories?post=4856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cbisonline.com\/us\/wp-json\/wp\/v2\/tags?post=4856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}