1. Articles in category: BoardNews

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    1. William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      William Hill CEO’s 9% Raise Slammed by ISS Advisory Group

      A 9.1 percent pay increase for new William Hill Plc Chief Executive Officer Philip Bowcock threatens to spark a shareholder rebellion at the U.K. bookmaking group. Institutional Shareholder Services Inc. , the advisory group that normally commands as much as 25 percent of shareholder support for its resolutions ahead of company annual general meetings, has advised William Hill investors to vote against the company’s remuneration report at its coming annual meeting...

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    2. Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Doug Ford Vows to Fire Hydro One CEO, Board if Elected

      Ontario PC Leader Doug Ford is vowing to fire the head of Hydro One, and its entire board if he's elected premier in June. Ford made the announcement Thursday morning, calling President and CEO Mayo Schmidt, Premier "Kathleen Wynne's $6-Million dollar man," referring to his yearly salary and bonuses, which now add up to $6.2 million. "This board and this CEO are laughing themselves to the bank," Ford said...

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    3. Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger

      Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger
      • CBS CEO Leslie Moonves could reportedly make up to $280 million if he is fired over an embattled potential merger between CBS and Viacom, Bloomberg reported.
      • CNBC reported on Wednesday that Shari Redstone, the controlling shareholder of CBS and Viacom, was "likely" to remove Moonves as the head of CBS if merger negotiations between CBS and Viacom fell through.
      • Moonves' contract entitles him to $150 million if he is fired before its expiration in 2021, Bloomberg reported...
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      Mentions: CEO Merger Bloomberg
    4. AutoNation Shareholders to Vote on Proposal to Split Chair and CEO Roles

      AutoNation Shareholders to Vote on Proposal to Split Chair and CEO Roles

      Instead of focusing on corporate governance , AutoNation chooses to “attack the person who is proposing the amendment,” he said. There has been some pushback from the SEC on shareholder proposals, with the regulatory agency issuing a legal brief suggesting some restrictions. The SEC declined to ...

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    5. Ready to Rumble, Ironwood? Activist Investor Alex Denner Suits up for Board-Seat Bid

      Ready to Rumble, Ironwood? Activist Investor Alex Denner Suits up for Board-Seat Bid

      Activist investor Alex Denner is back at it in biopharma. Just a few months after playing a pivotal role in Sanofi’s Bioverativ acquisition, he has set his sights on Ironwood Pharmaceuticals. The Massachusetts drugmaker on Monday said it had received word from Denner’s Sarissa Capital Management, which held 1.92 million Ironwood shares at the end of 2017, that it intended to nominate Denner for Ironwood’s board...

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    6. ICICI Bank faces risk to its reputation after allegations against CEO Chanda Kochhar: Fitch

      ICICI Bank faces risk to its reputation after allegations against CEO Chanda Kochhar: Fitch

      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 ...

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    7. Mark Zuckerberg runs a nation-state, and he's the king

      Mark Zuckerberg runs a nation-state, and he's the king

      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 ...

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    8. Research: Could Machine Learning Help Companies Select Better Board Directors?

      Research: Could Machine Learning Help Companies Select Better Board Directors?

      These techniques are rapidly changing many industries — could they also improve corporate governance ? To explore that question, we conducted a study of how machine learning might be used to select board directors, and how the selected directors might differ from those selected by management.

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    9. Activist Slams Crescent Point Energy, Seeks Board Seats

      Activist Slams Crescent Point Energy, Seeks Board Seats

      Crescent Point Energy is being targeted by an activist investor that's lambasting the company's management and threatening to wage a proxy fight. Cation Capital went public with its grievances early Monday, saying it plans to nominate four candidates for Crescent Point's board of directors at the company's annual meeting next month...

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    10. Deutsche Bank Sacks British Boss After Losses

      Deutsche Bank Sacks British Boss After Losses

      Deutsche Bank sacks British boss after losses Germany's biggest lender ousts its British boss following boardroom clashes over the lender's failing turnaround effort. 04:20, UK, Monday 09 April 2018 Image: John Cryan with his successor Christian Sewing pictured in February By Sharon Marris, Business Reporter Deutsche Bank has sacked its British chief executive John Cryan after three years of financial losses. Mr Cryan will leave Germany's biggest lender at the end of April.

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      Mentions: UK Bank
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