1. Articles in category: BoardNews

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    1. Battle Brewing at DavidsTea Over Election to Company's Board of Directors

      Battle Brewing at DavidsTea Over Election to Company's Board of Directors

      MONTREAL — A battle is brewing at DavidsTea after the company's board of directors fought back against a co-founder's attempt to replace them with a dissident slate of nominees. The Montreal-based company said Thursday that Herschel Segal is trying to gain control of the board without paying a ...

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    2. Shareholders Amp Up Pressure on AMP Board

      Shareholders Amp Up Pressure on AMP Board

      Pressure is mounting on the AMP board as investors are lining up against the re-election of directors and the company’s proposed executive pay package at the annual general meeting next month. The Australian Shareholders’ Association is the latest to announce it plans to wield votes against the company at its May 10 meeting in the wake of damning evidence at the Hayne royal commission...

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    3. These are the 10 Tech Companies With the Most Diverse Boards

      These are the 10 Tech Companies With the Most Diverse Boards

      In the struggle to achieve representative boards, some companies are pulling ahead. For years, the tech industry has grappled with issues surrounding diversity and inclusion. And while there are still improvements to be made, a slew of companies — ranging from Stitch Fix to Slack — are welcoming more women and people of color into their board rooms...

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    4. Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      DUBLIN (Reuters) - Most of Allied Irish Banks’ (AIB) ( AIBG.I ) institutional shareholders backed a proposal to introduce a deferred share plan for senior executives that the government used its majority shareholding to block last week. Chief Executive Officer of Allied Irish Bank Bernard Byrne looks on at the Allied Irish Bank Annual General Meeting in Dublin, Ireland April 27, 2017...

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      Mentions: CEO crisis stake
    5. CNBC's Scott Wapner: Ackman's Bet Against Herbalife Was 'Dangerous'

      CNBC's Scott Wapner: Ackman's Bet Against Herbalife Was 'Dangerous'

      Legendary investor Bill Ackman made an incredibly risky move when he bet that nutrition giant Herbalife would be shut down by the government, CNBC's Scott Wapner said on Wednesday. Ackman had bet that he would make $1 billion in his short against the nutrition-selling company, accusing it of being a pyramid scheme. "It was a binary bet and it's dangerous. He was betting that the government was going to intervene and shut Herbalife down," Wapner told " Mad Money " host Jim Cramer...

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    6. Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      London-based activist investor Chris Hohn has built a roughly $3 billion stake in 21st Century Fox Inc., a position that makes him one of the largest holders of a media company at the center of a global takeover battle, according to people familiar with the matter. The investment places Mr. Hohn’s firm, TCI Fund Management, among Fox’s six largest shareholders, with more than 4% of the company’s shares. Mr....

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    7. NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid

      NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid
      • Comcast made official a £22 billion bid for Britain's Sky
      • 21st Century Fox, which owns 40% of Sky, has been trying to buy the remaining stake since the end of 2016 but has faced repeated regulatory hurdles.
      • Comcast's offer is a 16% premium to 21st Century Fox's most recent bid.
      • Sky's board withdraws their support for a Fox bid in response to Comcast offer...
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      Mentions: CEO Disney UK
    8. Citi Chairman Says all Options Open to Find his Replacement

      Citi Chairman Says all Options Open to Find his Replacement

      CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72. CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72...

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    9. Activists to Take Center Stage as Annual Meetings Get Under Way

      Activists to Take Center Stage as Annual Meetings Get Under Way

      Investors who want to make sure executives deserve the big pay they got in last year’s bull market are set to descend on annual meetings in coming weeks to vote on compensation and elect directors. They’re also set to agitate for strategic moves and ensure companies have a handle on climate change, diversity and cybersecurity...

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    10. Netflix CEO Reed Hastings’ Pay Rose to $24.4 Million Last Year, Amid a Period of Great Growth for the Company

      Netflix CEO Reed Hastings’ Pay Rose to $24.4 Million Last Year, Amid a Period of Great Growth for the Company

      Netflix CEO Reed Hastings saw his pay rise five percent to $24.4 million in 2017, the company disclosed in a regulatory filing on Monday. Netflix’s chief creative officer, Ted Sarandos, also saw his total compensation package rise 18.5 percent from $18.9 million in 2016 to $22.4 million last year. Netflix’s executive pay increases came amid a period of great growth for the company...

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    11. Newell Brands (NWL) Announces Pact with Starboard to End Proxy Contest

      Newell Brands (NWL) Announces Pact with Starboard to End Proxy Contest

      As part of the agreement, the Board of Directors has appointed two new independent directors, Gerardo I. Lopez and Robert A. Steele, effective immediately. Additionally, the company intends to nominate Bridget Ryan Berman from Starboard's slate, who has been mutually-agreed upon by Starboard ...

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    12. Protesters Expected as Wells Fargo Shareholders Meet in Des Moines

      Protesters Expected as Wells Fargo Shareholders Meet in Des Moines

      The group has an online petition demanding that Wells Fargo fire its board of directors and CEO Tim Sloan, pay restitution to customers affected by the bank's scandals, and not interfere with employees' efforts to unionize. CCI is also critical of Wells Fargo for its refusal to sever ties with the National Rifle ...

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    13. Investor Group Nominates Slate of Director Candidates to Board of Destination Maternity

      Investor Group Nominates Slate of Director Candidates to Board of Destination Maternity

      NEW YORK--(BUSINESS WIRE)--Nathan G. Miller and Peter O'Malley (the “Investors”), collective holders of 8.7% of the outstanding common stock of Destination Maternity Corporation (Nasdaq: DEST) (“Destination Maternity” or the “Company”), announced the filing of a preliminary proxy statement with ...

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    14. McKesson : Board of Directors Releases Findings and Recommendations of Independent Investigation

      McKesson : Board of Directors Releases Findings and Recommendations of Independent Investigation

      April 20, 2018 - The Board of Directors of McKesson today released its response to a request from the International Brotherhood of Teamsters, a McKesson stockholder, that the Board perform an investigation into senior management's and the Board's oversight of McKesson's compliance with its legal and regulatory obligations relating to the distribution of opioids. An independent investigation was performed by a Special Review Committee (SRC) of the Board composed of ...

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    1-24 of 7918 1 2 3 4 ... 328 329 330 »
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