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    1. Cracker Barrel takes aim at Biglari

      Cracker Barrel takes aim at Biglari

      In a letter to shareholders, Cracker Barrel President and CEO Sandra Cochran said the company believes Biglari's “true intentions may be to take control of Cracker Barrel without paying shareholders a premium.” Biglari lost out in a bid to gain a seat on Cracker Barrel's board last year, but now he wants a seat on the board for himself and Biglari Holdings Vice Chairman Philip Cooley — Biglari's ...

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    2. TiVo Appoints Daniel Moloney to its Board of Directors

      TiVo Appoints Daniel Moloney to its Board of Directors

      TiVo Inc. TIVO +0.21% , the creator of and a leader in advanced television services and the creator of digital video recorders (DVRs), today announced the appointment of Daniel M. Moloney to the TiVo Board of Directors. Mr. Moloney's selection to TiVo's Board increases the membership to eight, including seven independent, outside directors. His appointment was effective September 11, 2013...

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    3. Salesforce.com Appoints two new Members to its Board of Directors

      Salesforce.com Appoints two new Members to its Board of Directors

      Salesforce.com (NYSE: CRM), the world's #1 CRM platform (http://www.salesforce.com/), announced today the appointments of John V. Roos, former U.S. Ambassador to Japan, and Robin Washington, CFO of Gilead Sciences, to its Board of Directors.  Salesforce.com also announced that Stratton Sclavos, former president and CEO of VeriSign, and Shirley Young, former corporate VP of General Motors, have departed from the company's Board of Directors. All changes to salesforce.com's board were effective as of September 10, 2013...

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    4. Board of Directors Compensation on the Rise, but less of it is cash

      Board of Directors Compensation on the Rise, but less of it is cash

      The board of directors is simultaneously one of the most and least important bodies in a company, and certainly it's the one most of the world pays the least attention to — you only see news stories about boards when companies are sold or someone does something colossally stupid and needs to be fired....

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    5. Area CEO pay up 81% in 2011

      Area CEO pay up 81% in 2011

      [...] Napier also gained $17.02 million in previous stock options and vested stock awards, a windfall that by itself accounts for much of the large jump in the area's cumulative executive pay. The second-, third- and fourth-largest executive earners in the area also garnered large 2011 pay gains from stock options and vested stock awards in amounts that surpassed their base salary. The growing ...

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    6. Massachusetts Governor Summons Westfield State Board of Trustees Over President's Spending

      Massachusetts Governor Summons Westfield State Board of Trustees Over President's Spending

      The Patrick administration has summoned Westfield State University President Evan Dobelle and his board of trustees to Boston next week to answer questions about reports of Dobelle using university-related credit cards for personal expenses and costly business travel such as $8,000 for a four-night hotel stay in Bangkok...

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    7. Ford Taps Two CEOs as Directors

      Ford Taps Two CEOs as Directors

      Ford Motor Co. elected James P. Hackett, Steelcase CEO, and John C. Lechleiter, chairman and CEO of Eli Lilly, to the board of directors. Hackett is also a board member at Fifth Third Bancorp; Lechleiter serves on the Nike board. “Jim brings nearly three decades of global design and new business development experience to Ford’s board of directors,” said Ford Executive Chairman Bill Ford...

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    8. New Non-GAAP “Private Entity” Flexible Financial Reporting – Will This Work?

      New Non-GAAP “Private Entity” Flexible Financial Reporting – Will This Work?

      The AICPA has recently announced a financial reporting framework for what are called “private” or “small-” and “medium-sized” entities or businesses. Please click on the following link for the AICPA announcement, Click Here. Here is a link to an AICPA website page that provides guidance tools although the AICPA appears to disclaim responsibility or support for the tools, Click Here. And, if I am not mistaken, it has also been proposed that nonprofits might also be able to use the new flexible accounting approach – click the following link for the status of that proposal, Click Here.

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    9. Multi-Million Dollar Salaries and Perks for University CEOs on the Rise

      Multi-Million Dollar Salaries and Perks for University CEOs on the Rise

      Some years ago, there was a survey conducted by a couple of national nonprofit leadership organizations to ascertain the “core values of the nonprofit sector.” How do the ever-rising salaries of private university presidents—while faculty salaries stagnate and tuition costs to students skyrocket—reflect the core values of the nonprofit sector? Jaeah Lee and Maggie Severns writing for Mother Jones note that a number of private universities—and, to be fair, public universities as well—are providing pay and perks to university presidents that are kind of mind-boggling...

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    10. Rebecca Ranich Appointed to Questar Board of Directors

      Rebecca Ranich Appointed to Questar Board of Directors

      Questar Corp. (NYSE:STR) announced today that the company's board of directors appointed Rebecca Ranich to serve as a company director. Ms. Ranich's appointment, effective Oct. 1, 2013, will expire at the 2014 annual meeting of shareholders, at which time her continued service will be subject to shareholder approval. With Ms. Ranich's appointment, Questar's board approved increasing its membership to nine...

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    11. No, GCs Should Not be on the Board

      No, GCs Should Not be on the Board

      A provocative headline recently topped a CorpCounsel.com story: “Should GCs Be on the Board? GCs Say Yes.”  This former GC says “no.”  In fact, the story presented a much more modest and qualified account of that issue in describing “The General Counsel Excellence Report 2013,” prepared by the news site Global Legal Post, in association with legal referral network TerraLex and based on a survey of 270 chief legal officers globally...

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