The chief executive officer of CVS Health Corp. said Wednesday the departure of former Aetna Inc. CEO Mark Bertolini from the board of directors was ...
“His personal convictions and experiences advocating for positive social change make him an asset on the national NAACP board .” In 2014, President Barack Obama nominated Lazowski as a member of the United States Holocaust Memorial Council. He is the founding chairman of Voices of Hope, ...
The scandal surrounding the opening of fake accounts at Wells Fargo illustrates a deeper dysfunction in the governance of U.S. companies: Corporate boards are failing at their job of overseeing management. If regulators can't address the problem, shareholders can and should. Despite years of evidence that a policy coming from the very top was driving illegal and abusive practices at Wells Fargo, the bank's directors were notable mainly in their passivity ...
The co-founder of an activist investment firm that led a shareholder revolt against The Phoenix Cos. in 2008, who then settled the dispute in part by joining its board of directors, is stepping down after seven years with the struggling life insurer and annuity company...
The chief executive of New Britain's Stanley Black & Decker, John F. Lundgren, took home $38.9 million in 2014, up from $28.6 million the year before...
Thomas J. May, the president and chief executive of Eversource Energy, made $19 million last year, the company said in regulatory filings...
DETROIT (Reuters) - Ford Motor Co said on Wednesday its new chief executive officer, Mark Fields, will receive a 9 percent increase in his base salary, as well as stock options and a performance-based bonus.
(Reuters) - Activist investor Carl Icahn asked struggling retailer Family Dollar Stores Inc to put itself up for sale immediately, threatening a proxy war to replace the company's entire board if a sale process was not started...
(Reuters) - Infosys Ltd president and board member B.G. Srinivas has resigned, the company said on Wednesday, the latest in a series of senior management exits at India's second-largest software services exporter...
BOSTON (Reuters) - Activist investor William Ackman, who is betting more than $1 billion that Herbalife is a pyramid scheme, will cover legal fees and damages for whistleblowers who have spoken out against the company, but not lost wages if they lose their jobs...
NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts
BOSTON (Reuters) - Activist investor Daniel Loeb, who is fighting to win control of three board seats at Sotheby's, on Monday raised the temperature by saying the current board has failed and that its attacks on him are "false" and "misleading...
NEW YORK (Reuters) - When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying...
WASHINGTON (Reuters) - U.S. corporate governance rules make it too easy for activist investors to get politically driven shareholder proposals onto public company ballots and should be overhauled, a top U.S. Securities and Exchange Commission official said Thursday.
NEW YORK, March 17 (Reuters) - When Barington Capital Group in October reported a stake of more than 2 percent in Darden Restaurants Inc with a vow to shake up the company, another investment firm was caught off guard...
WASHINGTON (Reuters) - U.S. regulators said Friday they plan to update the rules that dictate what public companies must disclose to investors, in an effort to simplify filings and lower compliance costs for small companies...
(Reuters) - Proxy advisory group ISS has urged Twenty-First Century Fox Inc shareholders to vote against the reelection of Chairman Rupert Murdoch and some other board members at an annual shareholders meeting this month, criticizing the company's adoption of a poison pill...
(Reuters) - Fund manager Vanguard Group Inc opposed the election of board members in a number of high-profile proxy contests this year, votes that help explain why directors at firms such as Hewlett-Packard Co and Occidental Petroleum Corp had a hard time getting re-elected...