The global ratings agency said it is doubtful about the strength of corporate governance at the private bank, PTI reported. “An investigation into allegations that India's ICICI Bank extended a loan with a potential conflict of interest raises questions over the bank's governance and creates reputational risks ...
Zuckerberg has defended the way power at Facebook is concentrated in his own person. And it may be true that, as he argues, this unusual corporate governance arrangement allows Facebook to hold off shareholders obsessed with short-term profits and think instead about the long-term interests of its ...
“It is clear the board realizes robust corporate governance practices, including strong and independent oversight, are and will continue to be important contributors to enhancing shareholder value at RCII.” The amendment permitting the declassification of the board will require the approval of common ...
Board diversity is being actively considered and encouraged by regulators, corporate governance groups and investors, both in the United States and internationally, and the current focus on board diversity is likely to continue. Companies should review the applicable diversity-related obligations in their ...
5 minutes ago Integrating business leadership principles crucial for optimum performance – LASG Lagos State Government has said that integrating contemporary business leadership principles into the corporate governance model of the Lagos State civil service was crucial for optimum performance.
This short paper by authors from Finance Watch, Frank Bold, ShareAction and WWF calls for a series of “bottom-up” corporate governance ...
Many board members told ET that the way forward is to take stock of the lessons from this episode and put in place systems and structures that prevent such issues from occurring at the software bellwether. Panneerselvam vs Sasikala: Who will lead Jayalalithaa's party?
NEW DELHI: Life Insurance Corporation, the second-largest stakeholder in software major Infosys , seems open to raising “relevant issues” with the existing board in the event of a showdown between the management and the founding partners of the IT firm.
Banc of California May Allow Activist to Nominate Directors by Joseph Kellard DEC 19, 2016 1:47pm ET Banc of California in Irvine and PL Capital have reached an apparent truce, as the bank agreed to consider letting the activist investor group submit two nominees to next year's board election.
Prospectus and certain other information published in relation to the merger of Ahlstrom and Munksjö December 16, 2016 05:00 ET | Source: AHLSTROM OYJ multilang-release This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into Canada, Australia, Hong Kong, South Africa, Japan or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be completed or registered or require any measure to be undertaken, in addition to the requirements under Finnish law. For further information, see "Important notice" below ...
Lynn Tilton Founder and CEO of Patriarch Partners LLC I know how it feels to be falsely accused. I know how it feels to be pursued for seven years by an overzealous government agency determined — no matter how the facts cut against them — to pursue unfounded charges. I know because it happened to me.
Lionbridge Technologies, Inc. ( LIOX ) said that it has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, LLC, a private equity investment firm.
Industry champions recognized for contributions to further association and health IT industry initiatives RESTON, Va. (PRWEB) November 21, 2016 WEDI, the nation’s leading authority on the use of health IT to create efficiencies in healthcare information exchange, announces the winners of its annual awards program. Each award recipient was announced during WEDI-Con 2016 in Reston, Va. on Tuesday, November 8.
Dissident stockholders at Surge Components Inc. in a government filing Tuesday said they are “shocked and outraged” that the board of directors has adopted a “poison pill” that seeks to cap share purchases. A poison pill is a tactic used to avert takeovers deemed hostile by the board of directors...
The Financial CHOICE Act, a bill that would essentially repeal key protections within the Dodd-Frank Act, was approved by the House Financial Services Committee on Sept. 13. While it’s unlikely the bill will ever become law, it is nevertheless a stunning example of Congress’ inability to understand the implications of failures in corporate governance.
http://fortune.com/2016/09/24/wells-fargo-financial-choice-act-regulation-corporate-governance/
Featured in Forbes Magazine, Mark Roger's shares his article, "As Wells Fargo's John Stumpf Goes Before the Senate Banking Committee, He Needs to Take a Lesson From Jamie Dimon."
http://www.forbes.com/sites/forbesleadershipforum/2016/09/19/wells-fargos-john-stumpf-goes-before-the-senate-banking-committee-he-needs-to-take-a-lesson-from-jamie-dimon/#2a7ef7b65bf7
The Leadership Insiders network is an online community where the most thoughtful and influential people in business contribute answers to timely questions about careers and leadership. Today’s answer to the question, “What quality does every great leader have in common?” is written by Mark Rogers, founder and CEO of BoardProspects.com ...
Westmoreland Appoints Jeffrey S. Stein to its Board of Directors Westmoreland Coal Company (Nasdaq:WLB) announced today that Jeffrey S. Stein has been appointed as an independent director to the company's Board of Directors effective August 9, 2016, to serve until the next annual election of directors.....
Selecta Biosciences, Inc. (NASDAQ:SELB), a clinical-stage biopharmaceutical company developing targeted antigen-specific immune therapies for rare and serious diseases, today announced the election of Timothy C. Barabe to the company’s Board of Directors ...
Whether job cuts come primarily from Yahoo or AOL— will go a long way in determining how much Silicon Valley real estate Verizon needs. “A lot of this is still up in the air,” said Mark Rogers, a corporate governance expert who has been following Yahoo’s travails ...
Board members want to spend more time on strategy and strategic risk, technology and cybersecurity, CEO succession, according to KPMG survey Three-quarters of directors and business leaders think their board should spend more time on strategy and strategic risk. Other issues they would like their board to devote more time to include technology and cybersecurity (37 percent); succession for CEO and top management (36 percent); and the talent pipeline (26 percent), according to a survey by KPMG's Board Leadership Center......
Three new members have been appointed to the board of the Singapore Land Authority, the Ministry of Law announced on Monday (July 4). They are Mr Yeoh Oon Jin, the executive chairman of PricewaterhouseCoopers Singapore; Ms Lock Yin Mei, a partner at Allen & Overy LLP, and Mr Ho Chee Pong, the director-general of Singapore Customs. They will each be appointed for a term of two years, which starts on Aug 1.....
] NEW YORK (Reuters) - Michael Pearson, the former chief executive officer of Valeant Pharmaceuticals International VRX.TO, will receive a $9 million severance payment and agreed to a consulting agreement worth hundreds of thousands of dollars, according to a document filed with regulators...
TULSA, Okla., April 11, 2016-- RJD Green Board announced changes in the officers and directors.. RJD Green, a holding company focused in green environmental services, healthcare technology and services, ...