1. Articles in category: BoardBlogs

    2353-2376 of 2621 « 1 2 ... 96 97 98 99 100 101 102 ... 108 109 110 »
    1. Delaware Court Upholds CEO Removal and Determines Board Composition

      Delaware Court Upholds CEO Removal and Determines Board Composition

      In Klaassen v. Allegro Development Corporation, 2013 WL 5739680 (Del. Ch. Oct. 11, 2013), Eldon Klaassen, the former CEO of Allegro Development Corporation (“Allegro”), brought an action under Section 225 of the Delaware General Corporation Law, requesting that the Court of Chancery declare that he: (1) was still the CEO of Allegro, (2) had validly removed two of Allegro’s directors and appointed their replacements, and (3) had validly filled a preexisting director vacancy. Klaassen claimed that his removal as CEO of Allegro by the board of directors (the “Board”) was void. If he was indeed still CEO, he had ...

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    2. Attention Shareholders: Women in Boardrooms are Good For Business

      Attention Shareholders:  Women in Boardrooms are Good For Business

      Women make up almost half of the workforce at middle management, but despite special mentoring and training programs, the pipeline trickles to a halt just shy of executive and board positions. As a result, the number of women in UK and U.S. boardrooms has risen sluggishly on average only one or two percent each year. These data prompts the uncomfortable question: Why is progress so slow? This makes no sense in the business world especially in light of cogent studies demonstrating a strong business and financial case for increasing the number of female board members...

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    3. Snapchat Just Landed Sony Entertainment CEO Michael Lynton As An Investor, Board Member

      Snapchat Just Landed Sony Entertainment CEO Michael Lynton As An Investor, Board Member

      New documents filed with the SEC show that Snapchat has raised another $50 million in investment, with a big name investor: Micheal Lynton, CEO of Sony Entertainment. Lynton is on Snapchat's board of directors, the filing confirmed. This latter news was previously reported in June. As we previously reported, new regulatory filings showed that Snapchat was about to raise a hefty chunk of money.

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      Mentions: Investment CEO SEC
    4. The Risks and Rewards of Being on a Board

      The Risks and Rewards of Being on a Board

      The single most important task before you join a board is due diligence. Being a director on board is a tradeoff. On the one hand, there is exposure to reputational and financial risk. On the other hand, there are benefits – tangible and intangible. In a world marked by disruptive forces, sharp scrutiny, and tighter board accountability, wise director candidates are asking more questions.

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    5. Towards Board Declassification at 100 S&P and Fortune 500 Companies

      Towards Board Declassification at 100 S&P and Fortune 500 Companies

      Posted by Lucian Bebchuk, Scott Hirst and June Rhee, Shareholder Rights Project, on Tuesday December 10, 2013 at 9:16 am * Print * email * Twitter Tags: Classified boards, Florida SBA, Illinois State Board of Investment, Institutional Investors, June Rhee, Lucian Bebchuk, Nathan Cummings Foundation, North Carolina State Treasurer, Ohio Public Employees Retirement System, Precatory proposals, Scott Hirst, Shareholder proposals, Shareholder Rights Project, Staggered boards Editor’s Note: Lucian Bebchuk is the Director of the Shareholder Rights Project (SRP), Scott Hirst is the SRP’s Associate Director, and June Rhee is the SRP’s Counsel. The SRP, a clinical program operating at ...

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    6. Good Governance at G.M.

      Good Governance at G.M.

      General Motors has navigated a smart route to succession. Daniel Akerson, who has run the company since mid-2010, is stepping down in January. Replacing him as chief executive is Mary Barra, who despite 33 years of service at the automaker, has mostly sidestepped the taint of pre-bankruptcy failures. G.M., freshly liberated from the government bailout, also on Tuesday appointed an independent chairman for good governance measure...

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    7. Tech start-ups show little imagination on board gender diversity

      Tech start-ups show little imagination on board gender diversity

      At Pinterest, the four-year-old online bulletin board service that is valued near $3.8 billion, some 70 percent of the users are female. Male-heavy boards dominate in the start-up mecca of Silicon Valley, which prides itself on progressive thinking and putting talent first. A Reuters survey of the 10 top venture-backed start-ups, as measured by venture funds raised, shows that six do not have ...

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      Mentions: Diversity CEO
    8. Churn and Burn: Why Customer Success Needs to be a Board Priority

      Churn and Burn:  Why Customer Success Needs to be a Board Priority

      Last month I was sitting in a board meeting for one of my portfolio companies, a fast-growing software-as-a-service business serving digital marketers, and two interesting things happened. First, the company reported it had zero customer churn (or 100% retention) in the quarter for the first time in its history...

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    9. Diversity of a Different Persuasion

      Diversity of a Different Persuasion
      Diversity comes in all shapes and sizes and has been and continues to be the subject of much debate in business communities across the globe. As an Executive Recruiter I have been asked to identify candidates who are diverse in terms of race, ethnicity, gender and even geography.  One type of diversity that has more recently begun to receive subtle yet perceptible attention is age diversity. 

      What, you may ask yourself! Age diversity in a country where federal and state laws prohibit questions about age? ....

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    10. Women on boards: companies need to be looking internally

      Women on boards: companies need to be looking internally

      While the number of female non-executive directors is growing, pitifully few are working their way up to the executive board Although the proportion of women on FTSE 100 and 250 boards has increased since 2011, the change is almost entirely in non-executive directorships. At 6.1% of FTSE 100 and 5.4% of FTSE 250 directors, the number of women in executive roles is still remarkably small. Between ...

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      Mentions: Leadership
    11. Understanding the Board of Directors After the Financial Crisis

      Understanding the Board of Directors After the Financial Crisis

      Research on the composition and structure of the board of directors is a thriving subject in the aftermath of the financial crisis. The discussion thus far has assumed that finding the right board members is extremely important because they tend to enhance corporate strategy and decision-making. Consider the case of Apple’s board...

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    12. Becoming a Public Company Director – How to Stay the Course

      Becoming a Public Company Director – How to Stay the Course

      Gaining a public company board seat is hard work. It takes patience. You have to really, really want this position. As I speak with board candidates — both first-time and sitting directors — I can hear those that are on the fence within the first few minutes of our conversation. The ones on the fence have a mud-on-the-wall approach — they throw a few things out here and there and hope for the best. They talk on and on about their career but are not able to translate their experience into succinct statements that pinpoint how they can benefit a board and how ...

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      Mentions: Management
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