The board of directors has faced criticism for failing to keep Musk in check, one problem being his failure to answer questions from analysts regarding ...
REUTERS: United Technologies Corp is exploring a sale of its Chubb Fire & Security division for more than US$3 billion, people familiar with the matter said on Monday...
Public Domain Companies whose CEOs earn hundreds of times their average employee's pay are viewed as less desirable to work for, and to do business with, according to a new University of California, Berkeley, study. Probing a new angle of income inequality, UC Berkeley researchers sought to determine how people would feel about a company once they knew what the top executive made compared to the workers...
She serves on the board of directors at General Mills and Beaumont Health. In addition, she is a member of the Northwestern University McCormick ...
Colliers International Group Inc. (NASDAQ: CIGI) today announced the ... Tsinghua University School of Economics Management Advisory Council , ...
Ever since Adam Smith published The Wealth of Nations in 1776, observers have bemoaned boards of directors as being ineffective as both monitors and advisors of management. Because a CEO often effectively controls the director selection process, he will tend to choose directors who are unlikely to oppose him, and who are unlikely to provide the diverse perspectives necessary to maximize firm value. Institutional investors often are critical of CEOs’ influence over boards and have made efforts to help companies improve their governance. Nonetheless, boards remain highly imperfect.
“Go find your passion,’’ Henry directed his children when they reached their late teens and early twenties. “Find your interests outside our family business and pursue them.’’ As inspiring as those words may have been, Henry, the patriarch of a successful automotive parts business, wasn’t simply freeing his children to follow their dreams. He was requiring it.
Sirius XM Holdings will acquire Pandora for $3.5 billion in an all-stock transaction, creating the world's largest audio-entertainment company, the two sides announced Monday...
Ms. Duch currently serves on the Board of Directors of Merchants Mutual Insurance Company where she chairs the Audit Committee and also serves ...
Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We conducted a survey of over 5,000 board members from around the world to find out.
(Reuters) - Dell Technologies Inc is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public by buying back a special type of stock from investors, people familiar with the matter said on Sunday...
The New York Times Company announced today that Aman Bhutani, President of the Brand Expedia Group at Expedia Group, Inc., has been appointed to its Board of Directors...
Irwin's ten-member board of directors included a super-majority of independent, i.e., outside, directors, who met regularly in executive session to ...
TORONTO (Reuters) - Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to improve returns, according to the group, called the Shareholders Gold Council...
A professional athlete in trouble with the law is not always front-page news anymore, but the case of Mychal Kendricks stands out from the usual. The biggest difference is that his crime is one more often associated with the SEC (Securities and Exchange Commission) than the SEC (Southeastern Conference). Specifically, he pled guilty earlier this month to felony insider trading violations...
(Reuters) - SandRidge Energy Inc said on Friday board member and interim Chief Executive Officer Bill Griffin would not be a candidate for the position of CEO but would continue in his role until a successor is appointed. The oil producer in February ousted its chief executive James Bennett after coming under pressure from activist investor Carl Icahn who had objected to his pay and a $746 million bid to buy rival Bonanza Creek Energy Inc late last year...
In connection with the restructuring, the Board accepted the resignation of four directors : Mr. William Hightower, Mr. John Metcalf, Dr. Nam Suh and Mr...
Red Hat Appoints Kevin M. Murai to Its Board of Directors ... services, including president, chief operating officer and a member of its board of directors...
Wells Fargo, the third biggest U.S. bank, has yet to shake a scandal that emerged two years ago when the bank announced it was firing employees for creating fake accounts under a high-pressure sales culture...