1. Articles in category: BoardNews

    49-72 of 9466 « 1 2 3 4 5 6 ... 393 394 395 »
    1. Voce Capital Urges Argo Shareholders to Vote on the BLUE Proxy Card For V

      Voce Capital Urges Argo Shareholders to Vote on the BLUE Proxy Card For V

      SAN FRANCISCO -- (Business Wire) Voce Capital Management LLC (“Voce”), the beneficial owner of approximately 5.6% of the shares of Argo Group International Holdings, Ltd. (NYSE:ARGO) (“Argo” or the “Company”), today issued the following statement in response to the recommendation by Institutional Shareholder Services (“ISS”) regarding Argo’s upcoming 2019 Annual Meeting: “While we respect the team at ISS, and have been before them several times in the past, its formulaic conclusions regarding Argo are ...

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    2. Exxon Mobil: CCE, Nyscrf To Vote Against Entire Exxon Board Over Climate Change

      Exxon Mobil: CCE, Nyscrf To Vote Against Entire Exxon Board Over Climate Change

      Church Commissioners for England and the New York State Common Retirement Fund (NYSCRF) will vote against all board directors at oil giant ExxonMobil’s annual general meeting on 29 May, ipe.com has reported. Edward Mason , head of responsible investment at the Church of England’s £8.3bn (€9.6bn) endowment fund, said: “Exxon continues to lag its industry peers on climate change and to fail to engage properly with shareholders...

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    3. Chevron Won't Counterbid for Anadarko

      Chevron Won't Counterbid for Anadarko

      Chevron Corp. is bowing out of the bidding to buy Anadarko Petroleum Corp., setting the stage for Occidental Petroleum Corp. to win one of the most high-stakes energy-deal dramas in years. In seeking Anadarko, Chevron and Occidental coveted prized assets in the Permian Basin in West Texas and New Mexico, the heart of the U.S. oil boom...

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    4. JPMorgan Shareholders Advised to Vote Against Executive Compensation by ISS

      JPMorgan Shareholders Advised to Vote Against Executive Compensation by ISS

      NEW YORK (Reuters) - Proxy advisory group ISS has advised JPMorgan Chase & Co shareholders to vote against the bank's executive compensation at its upcoming annual shareholder meeting, according to a report the firm published this week that was seen by Reuters. The group has twice previously suggested that investors vote against the bank's executive ...

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    5. A Slack Director is in Hot Water With The SEC for Saying the Company, Which Just Filed to go Public, 'will be one of the most important tech companies in the world'

      A Slack Director is in Hot Water With The SEC for Saying the Company, Which Just Filed to go Public, 'will be one of the most important tech companies in the world'
      • Slack director Chamath Palihapitiya made "unauthorized statements" in a TV interview, the company disclosed in an SEC filing related to its IPO.
      • Palihapitiya shared his insights into the Slack IPO in a CNBC interview, saying the office-messaging tool "will be one of the most important tech companies in the world."...
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      Mentions: SEC IPO Facebook
    6. Lululemon Strips Its Billionaire Founder Chip Wilson Of Board Appointment

      Lululemon Strips Its Billionaire Founder Chip Wilson Of Board Appointment

      Canadian billionaire Chip Wilson has been at odds of late with Lululemon, the athletic apparel brand he founded in 1998. Most recently, he threw shade at the company in a 2018 book, saying he was “playing to win, while the directors of the company I founded were playing not to lose.” Now, Lululemon’s board says he has crossed a line...

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      Mentions: lululemon Founder
    7. Allianz Wins Shareholder Backing for Changes to Executive Pay

      Allianz Wins Shareholder Backing for Changes to Executive Pay

      (Bloomberg) -- Allianz SE won shareholder approval for its new policy on management-board pay, avoiding the sort of investor backlash seen at some European firms in recent years. The German insurer proposed increasing the importance of fixed salary and long-term incentives in its first changes to remuneration policy since 2010. The plan passed easily at the firm’s annual general meeting on Wednesday with 92% of the votes cast...

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    8. Deutsche Bank Execs Under Fire After Shareholder Adviser Reports

      Deutsche Bank Execs Under Fire After Shareholder Adviser Reports

      (Bloomberg) -- Deutsche Bank AG’s next challenge after the breakdown of merger talks with Commerzbank AG may be its own angry shareholders. ISS and Glass Lewis -- the world’s biggest shareholder advisory firms -- are recommending investors vote against backing Deutsche Bank’s management and supervisory board at its annual general meeting on May 23. The firms pointed to the shares, which lost about 40 percent over the past year, as well as the bank’s continued legal and business challenges...

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    9. Papa John's Sales Fall Less Than Expected Under New Chairman

      Papa John's Sales Fall Less Than Expected Under New Chairman

      Papa John’s International Inc.’s (PZZA.O) sales topped analyst estimates, indicating the pizza seller is getting its mojo back under new management. Comparable sales in North America fell 6.9 per cent last quarter, beating projections for a 7.3-per-cent fall and slowing the recent pace of declines. The results are the first under new chairman Jeffrey Smith. The chain is pushing to bolster its advertising, and in March brought in a new global marketing head from Subway Restaurants...

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    10. SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      (Reuters) - SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion (993 million pounds) investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth. "They have been a fantastic investor. I am very proud they have chosen SAP," McDermott told reporters on Tuesday at Sapphire Now, SAP's annual U.S. user conference in Orlando, Florida...

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    11. Gannett MNG Fight: Gannett Gets Glass Lewis Backing in Takeover Clash

      Gannett MNG Fight: Gannett Gets Glass Lewis Backing in Takeover Clash

      A shareholder advisory service sided with Gannett in its effort to fend off the hostile takeover attempt of a hedge fund-controlled newspaper company. Glass Lewis, which advises shareholders on governance issues, recommended that Gannett stockholders reject the unsolicited bid and board nominees from MNG Enterprises...

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    12. Buffett Sees a Lot to Dislike in U.S. Companies

      Buffett Sees a Lot to Dislike in U.S. Companies

      What’s wrong with Corporate America? Just ask Warren Buffett. The chairman and CEO of Berkshire Hathaway Inc. and his longtime business partner, Charlie Munger, spent the weekend riffing on highly paid corporate board members who aren’t truly independent; committee meetings that waste time; and best practices embraced by managers that may not necessarily work...

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    13. A Hot New Activist Fund is Pushing for Change at Wyndham Hotels to Save the Company Money and help the Environment

      A Hot New Activist Fund is Pushing for Change at Wyndham Hotels to Save the Company Money and help the Environment

      Impactive Capital Co-founder Lauren Taylor Wolfe told attendees at the Sohn Investment Conference that her firm is going to advocate for changes to Wyndham Hotels' energy use to increase the value of the hotel chains' stock. Wyndham, which includes brands like Days Inn and recently bought La Quinta Inns, is protected from new competition like AirBnB because of its low prices, Wolfe said...

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