1. Articles in category: BoardNews

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    1. 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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    2. 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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    3. Deutsche Bank Plans to Extend Contract of CEO

      Deutsche Bank Plans to Extend Contract of CEO

      Deutsche Bank announced on Wednesday that it planned to extend the tenure of its co-chief executive, Jürgen Fitschen, in a move aimed at pre-empting leadership questions at Germany’s largest financial institution.  The employment contract of Mr. Fitschen, 65, was set to expire in early 2015 but will now be extended until March 31, 2017, and match that of Deutsche Bank’s other co-chief executive, Anshu Jain...

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    4. CEO Pay More Closely Matches' Firms' Results

      CEO Pay More Closely Matches' Firms' Results

      The push to more closely align chief executive pay with company performance is showing signs of working, according to a Wall Street Journal analysis.  When companies exceed expectations or outpace rivals, CEOs are reaping bigger-than-projected rewards. But when financial results or stock-market returns fall short, executives lose much of their potential pay...

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    5. Engaged Capital Sends Additional Letter to AeroVironment’s Board of Directors

      Engaged Capital Sends Additional Letter to AeroVironment’s Board of Directors

      Engaged Capital, LLC (“Engaged Capital”), an investment firm specializing in small and mid-cap North American equities and beneficial owner of approximately 5.1 percent of the common stock of AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ:AVAV), today sent a letter to the Company’s Board of Directors (the “Board”), included below and also filed today with an amendment to its Schedule 13-D...

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    6. Dell Buyout Lurches Toward an Inevitable Finish

      Dell Buyout Lurches Toward an Inevitable Finish

      When law professor Brian Quinn was teaching about leveraged buyouts earlier this year, he thought he finally had a model transaction to show his students: Dell Inc.DELL +0.07%.  Months later, following a storm of controversy, delays to a shareholder vote and a change to voting rules in exchange for a sweetened bid, Mr. Quinn isn't so sure he can put Dell's nearly $25 billion buyout on a pedestal...

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    7. Bollore Makes Peace Offering Ahead of Board Meeting

      Bollore Makes Peace Offering Ahead of Board Meeting

      A leadership battle at French conglomerate Vivendi SA took a turn toward détente ahead of a board meeting Wednesday to discuss the company's governance.  French industrialist Vincent Bolloré said Tuesday that he is no longer seeking a job within Vivendi, cooling a dispute with the company's chairman over who will lead the conglomerate as it sheds its telecommunications assets to focus on a narrower stable of media businesses...

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    8. Dish Director Quits Amid Flap

      Dish Director Quits Amid Flap

      Dish Network Corp. DISH +1.34% director who resigned in recent weeks did so amid a disagreement over the company's handling of a bid for a telecommunications firm that could deliver hundreds of millions of dollars of personal profits to Dish Chairman Charlie Ergen, people involved in the situation said...

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    9. Musk-Backed SolarCity Scraps "Happy Meal" Deal

      Musk-Backed SolarCity Scraps "Happy Meal" Deal

      A solar-energy firm backed by entrepreneur Elon Musk ditched a type of "Happy Meal" share-lending deal that has given some investors indigestion.  SolarCity Corp., SCTY -2.60% a San Mateo, Calif., energy-services provider where Mr. Musk is chairman, made the disclosure recently in an amended securities filing.

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