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All Articles
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Griffon (NYSE:GFF) Board of Directors Initiates Share Buyback Plan
Read Full ArticleGriffon (NYSE:GFF) declared that its board has initiated a stock buyback program, which allows the company to buyback $50.00 million in shares on ...
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Even Elon Musk Seems to Beg Tesla's Board to Save Him From Himself
Read Full ArticleAmong the many disturbing parts of the New York Times interview with embattled Tesla CEO Elon Musk, this line got my attention: "Some board members have expressed concern not only about Mr. Musk's workload but also about his use of Ambien, two people familiar with the board said."...
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Senator Warren’s Bizarro Corporate Governance
Read Full ArticleSome legal ideas are so wacky, they could only come from a law professor. Unfortunately, one of those law professors is now in the United States Senate—Elizabeth Warren, who on Wednesday introduced legislation that would reverse the principles of American corporate governance that have enabled our economy to thrive...
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Elon Musk Says he has No Plans on Stepping Down as Chairman and CEO of Tesla
Read Full Article- Tesla CEO Elon Musk says he has no plans to relinquish his dual role as chairman and CEO.
- Musk is under intense scrutiny by the US Securities and Exchange Commission and is facing lawsuits over his tweets last week about taking his company private.
Elon Musk has no plans to relinquish his dual role as chairman and chief executive officer of Tesla, he said in an interview with the New York Times on Thursday...
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Tesla's Musk Says Stress, Overwork Taking Heavy Toll - Nbc Bay Area
Read Full ArticleAs Musk Admits to Job Stress, Tesla's Board May Have to Act Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Scott Budman reports.
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Elizabeth Warren: Companies Shouldn’t Be Accountable Only to Shareholders
Read Full ArticleMy new bill would require corporations to answer to employees and other stakeholders as well. Photo: Richard Drew/Associated Press Elizabeth Warren Aug. 14, 2018 7:01 p.m. ET Corporate profits are booming, but average wages haven’t budged over the past year. The U.S. economy has run this way for decades, partly because of a fundamental change in business practices dating back to the 1980s. On Wednesday I’m introducing legislation to fix it...
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GameStop Appoints Carrie Teffner to Board of Directors
Read Full ArticleGameStop Corp. (NYSE: GME) , today announced the appointment of Carrie Teffner to its board of directors. Carrie brings 30 years of financial leadership and experience in the consumer products and retail industries to the GameStop board of directors and will serve as a member of the audit committee. Carrie has served as Executive Vice President and Chief Financial Officer of Crocs (NASDAQ: CROX) since 2015.
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DealerSocket Adds Former GM Exec to Board of Directors
Read Full ArticleDALLAS -. DealerSocket has added Kim Brink, a former executive at General Motors, to its board of directors . The company announced Wednesday ...
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Starboard Eyes Symantec Board Seats After Taking Stake
Read Full Article(Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance...
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Neptune Announces Appointment of Hélène F. Fortin to its Board of Directors
Read Full ArticlePRNewswire/ - Neptune Technologies & Bioressources Inc. ("Neptune" or the "Company") (NASDAQ: NEPT ) (TSX: NEPT) announces the appointment of Ms. Hélène F. Fortin to its Board of Directors. "We are pleased that Ms. Fortin has accepted to join the Board of Neptune," said John Moretz , Chairman...
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Tredegar Appoints Anne Waleski to Board of Directors
Read Full ArticleTredegar Corporation (NYSE:TG) today announced that its Board of Directors has elected Anne G. Waleski to the company’s Board as a new director. “On behalf of the Tredegar Board, I am very pleased to welcome Anne to Tredegar,” said Bill Gottwald, Chairman of the Board. “Her extensive financial expertise and management responsibilities at Markel Corporation make her a terrific independent director addition to the Board.
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The CMO of $30 Billion Financial Giant State Street Says to be Successful, You Have to be the CEO of Your Own Brand
Read Full Article- In the eyes of the world "Fearless Girl" — the bronze statue of a defiant girl in front of the Wall Street bull — is the biggest marketing coup in recent history. Not for Hannah Grove.
- In this interview with Business Insider CEO Henry Blodget, the State Street CMO talks about how Fearless Girl represents a call for greater governance and stewardship by women...
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Tesla board waits for Musk’s plan to go private as Saudi Arabia stays silent
Read Full ArticleTesla Motors More Tesla co-founder and CEO Elon Musk turned Wall Street on its head when he unexpectedly announced he had the funding required to take the firm private. He was completely serious, and not every member of the company’s board of directors is pleased with the idea. The board has formed a three-person committee and appointed a legal counsel to closely examine any proposal to take Tesla private — if it ever receives one.
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Swiss Parliamentarian Doris Fiala Joins Blockchain Startup Procivis' Board of Directors
Read Full Article“The extension of our Board of Directors and the appointment of our COO mark the beginning of a new phase in the development of our business...
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Tesla's Board Scrambles to Control a Chief Executive Who Some Directors Think is Out of Control
Read Full ArticleSome members of the board have grown alarmed by what they see as Mr. Musk’s erratic behavior, the New York Times reports...
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Britain's CEO Pay Climbs 11% in One Year — as Working Wages Flatline
Read Full ArticleThe pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period. More The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period...
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Elon Musk's Tesla Tweets Could Spark a Fight With the Sec | Wired
Read Full ArticleElon Musk and His Fight With the SEC For the SEC—which, like many enforcement agencies, enjoys making headlines with shows of force—investigating Elon Musk's tweet about taking Tesla private could be an easy win. Joshua Lott/Getty Images UPDATE: On Wednesday, August 15, the Fox Business Network reported that Tesla received subpoenas from the US Securities and Exchange Commission. The Wall Street Journal and New York Times later confirmed the reports.
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Members of Tesla's Board of Directors are Lawyering up as Crisis Around Elon Musk Deepens
Read Full Article- Some members of Tesla's board of directors are hiring lawyers to protect themselves in the ongoing fallout from CEO Elon Musk's public declarations about taking the company private.
- Fellow board members are also urging Musk to cool it with the public statements about a go-private deal, according to a New York Times story published Tuesday night.
- By all appearances, Musk has ignored that advice...
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Tesla’s new Model 3? Three board members to evaluate any take-private deal
Read Full ArticleA production associate works on a Tesla Model 3 at the Tesla factory in Fremont, Calif. on Wednesday, July 18, 2018. (Ray Chavez/Bay Area News Group) By Rex Crum | | Bay Area News Group PUBLISHED: August 14, 2018 at 7:59 am | UPDATED: August 14, 2018 at 6:20 pm They might not be the Model 3, but three of Tesla’s independent board directors could soon be at the center of the latest drama involving the electric carmaker.
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Amalgamated Bank Board of Directors Welcomes New Board Members
Read Full ArticleNEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Amalgamated Bank announced today the appointment of Maryann Bruce and Patricia Diaz Dennis to its Board of Directors. This follows the Bank’s recent closing of its initial public offering, which took place on August 13, 2018. Ms. Diaz Dennis brings decades of corporate experience to Amalgamated’s Board of Directors. Ms. Diaz Dennis joined SBC Communications in 1995 as a Senior Vice President and Assistant General Counsel...
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Study Finds Companies Run Better With LGBTQ Leadership
Read Full ArticleStudy Finds Companies Run Better With LGBTQ Leadership "Simply put, diversity is good for business." by Lamar Dawson 22h ago If your company is underperforming, maybe you don’t have enough gays in your directory. According to a recent study commissioned by the Wisconsin LGBT Chamber of Commerce, businesses with LGBTQ representation in senior leadership report better firm performance than those without.
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Meet the 3 Tesla Board Members Set to Decide on Elon Musk's Go-Private Plan
Read Full Article- Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference to take the company private, according to a statement on the electric-car maker's website.
- Three independent board members — Brad Buss, Robyn Denholm, and Linda Johnson Rice — will sit on the special committee.
- While Musk has not yet presented a formal proposal to take Tesla private, he will need the committee's approval before such a move can occur...
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Tesla's board forms a Special Committee to Evaluate Going Private
Read Full ArticleMusk publicly floated the possibility of a buyout last week, and the company has been offering updates and added context in the days since...
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