1. 1-24 of 974 1 2 3 4 ... 39 40 41 »
    1. Oracle CEO Safra Catz is Joining Sheryl Sandberg and Jack Dorsey on Disney's Board (DIS, Orcl)

      Oracle CEO Safra Catz is Joining Sheryl Sandberg and Jack Dorsey on Disney's Board (DIS, Orcl)

      Media company Walt Disney Co on Thursday named Oracle Corp's chief executive, Safra Catz, and her counterpart at Illumina Inc, Francis A. deSouza, to its board.

      Disney said their election would be effective Feb. 1 but it was yet to decide on which committees they would serve on.

      The company currently has 12 members on its board, including Facebook Inc's Sheryl Sandberg and Twitter Inc's Jack Dorsey...

      Read Full Article
      Mentions: CEO Twitter Disney
    2. The CEO of Aetna is Going to Make a Huge Amount of Money if the $69 Billion Deal With CVS Closes

      The CEO of Aetna is Going to Make a Huge Amount of Money if the $69 Billion Deal With CVS Closes
      • Aetna CEO Mark Bertolini stands to make a lot from Aetna's $69 billion deal with CVS Health once it closes.
      • Bertolini could make as much as $85 million in exit pay from the deal closing, The Wall Street Journal reports.
      • Combined with the other stock and rights Bertolini has in Aetna and based on the $207 share price of the deal, Bertolini's payout will be $500 million by the time the deal closes, The Journal reported...
      Read Full Article
    3. Breaking News: Dish Network's CEO is stepping down (DISH)

      Breaking News:  Dish Network's CEO is stepping down (DISH)

      Dish Network Chairman Charlie Ergen is stepping down as Chief Executive Officer in order to spend more time on the company's emerging wireless business, a company press release said. He will be replaced by Chief Operating Officer Erik Carlson.

      "With more than 20 years' experience at DISH, Erik brings a complete understanding of the business opportunities both DISH TV and Sling TV possess," Ergen in the press release...

      Read Full Article
    4. CVS and Aetna Used One Word that Should Make Employees Nervous

      CVS and Aetna Used One Word that Should Make Employees Nervous
      • CVS Health is buying Aetna for $69 billion ($145 a share and 0.8378 CVS shares per Aetna share).
      • The merger could reshape the American healthcare system as we know it.
      • CVS and Aetna said that the deal will come with some synergies.

      In the largest deal of 2017, CVS Health is buying Aetna, the third largest US insurer, for $69 billion. Aetna stockholders will be paid $145 a share in cash and 0.8378 CVS shares per Aetna share...

      Read Full Article
      Mentions: CFO Merger
    5. A New CEO Won't be Enough to Save Chipotle

      A New CEO Won't be Enough to Save Chipotle
      • Chipotle said Wednesday that founder and CEO Steve Ells will step down.
      • The stock initially rose after the announcement, but it won't be enough to reach its highs set earlier this year.

      There's finally a change at the top for Chipotle Mexican Grill, as CEO Stephen Ells will be stepping down after a suitable replacement is found. The founder CEO will then assume the role of executive chairman...

      Read Full Article
      Mentions: CEO Twitter Chipotle
    6. Bitcoin Futures Trading Gets the Green Light from US Regulators

      Bitcoin Futures Trading Gets the Green Light from US Regulators
      • Bitcoin futures trading can go ahead on three US exchanges, the Commodity Futures Trading Commission said on Friday.
      • Futures contracts give traders a way to bet on bitcoin prices and earn profits without buying the actual cryptocurrency.
      • Bitcoin has surged nearly 1,000% against the dollar this year as its popularity has grown.
      • The Chicago Mercantile Exchange will launch its bitcoin futures contracts on December 18...
      Read Full Article
      Mentions: Wall Street Bitcoin
    7. London Stock Exchange Board: Xavier Rolet's 'Operating Style' was a Factor in his Exit — But we Won't Provide Details

      London Stock Exchange Board: Xavier Rolet's 'Operating Style' was a Factor in his Exit — But we Won't Provide Details
      • London Stock Exchange board in row with investors The Children's Investment (TCI) Fund over LSE CEO Xavier Rolet's departure.
      • TCI Fund claims Rolet is being forced out by the board, who allegedly are threatening to publish a damaging dossier on him unless he leaves.
      • LSE says in a letter to shareholders on Friday that Rolet's "operating style" played a part in the decision to look for new CEO but says it "would be detrimental... to provide further detail on these aspects."...
      Read Full Article
    8. Breaking News: Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

      Breaking News:  Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

      Chipotle announced on Wednesday morning that its chief executive officer and founder plans to step down as it begins its hunt for a new CEO.

      Steve Ells, the fast-casual burrito chain's chairman, founder and CEO will step down from his position "following the completion of a search to identify a new CEO" the company said in a statement. Ells will remain involved as executive chairman...

      Read Full Article
      Mentions: CEO crisis Chipotle
    9. The Owner of Arby's Will Buy Buffalo Wild Wings for $2.9 Billion

      The Owner of Arby's Will Buy Buffalo Wild Wings for $2.9 Billion
      • Roark Capital Group, which owns Arby's, has agreed to buy Buffalo Wild Wings for about $2.9 billion.
      • Buffalo Wild Wings will be a privately held subsidiary of Arby's, whose CEO will stay in that same role for the combined entity.

      Roark Capital Group, which owns Arby's and Cinnabon, has agreed to buy Buffalo Wild Wings for about $2.9 billion...

      Read Full Article
    10. The London Stock Exchange is Lining up a Replacement for CEO Rolet

      The London Stock Exchange is Lining up a Replacement for CEO Rolet
      • The London Stock Exchange Group's board is reportedly lining up its Chief Financial Officer as a temporary replacement for boss Xavier Rolet.
      • Investor Sir Christopher Hohn has called a shareholder meeting to vote on removing the current chairman, and said regulators should intervene given the governance crisis.
      • Rolet's surprise resignation is due to take effect by the end of December 2018...
      Read Full Article
      Mentions: Investment CEO CFO
    11. BREAKING NEWS: Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      BREAKING NEWS:  Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      Hewlett Packard Enterprise announced on Tuesday that CEO Meg Whitman will resign effective February 1, 2018. She will remain on the board of directors.

      She is being replaced by Antonio Neri, current President of HPE.

      Whitman has taken HPE through some drastic changes since she joined as the CEO in 2011 of what was previously known as Hewlett-Packard. She's conducted layoffs that sliced tens of thousands of employees from HPE, with more layoffs expected to come...

      Read Full Article
    12. JPMorgan Might be Getting Into Bitcoin Even Though Jamie Dimon Hates It

      JPMorgan Might be Getting Into Bitcoin Even Though Jamie Dimon Hates It
      • JPMorgan is considering whether or not to help clients tap into a potential market for bitcoin futures, according to The Wall Street Journal.
      • CEO Jamie Dimon has derided the digital currency as a "fraud" and said he'd fire employees for trading bitcoin.

      JPMorgan CEO Jamie Dimon's opposition to bitcoin, the red-hot cryptocurrency up more than 700% this year, is no secret...

      Read Full Article
    13. Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion

      Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion
      • Marvell Technology has agreed to buy rival Cavium for $40 per share in cash and 2.1757 Marvell common shares for each unit of Cavium stock, in a deal worth about $6 billion.
      • Cavium shareholders will own about 25% of the combined company.

      Marvell Technology has agreed to buy Cavium for about $6 billion as it tries to expand beyond semiconductors that control hard disk drives...

      Read Full Article
    14. Barnes and Noble Spikes After Reportedly Being Approached About Going Private

      Barnes and Noble Spikes After Reportedly Being Approached About Going Private
      • Barnes and Noble's shares are up 11.4% to $7.35 after a report from the Wall Street Journal says the company has been approached about going private.
      • The proposal came from activist investor Sandell Asset Management, with a potential deal offer of $750 million, including debt.
      • There are multiple hurdles to overcome if the proposal is to work, including arranging $500 million in debt financing...
      Read Full Article
    15. Breaking News: It Looks like Nelson Peltz Might Have Won the Biggest Proxy Battle in History After a Recount

      Breaking News:  It Looks like Nelson Peltz Might Have Won the Biggest Proxy Battle in History After a Recount
      • Nelson Peltz appears to have won his proxy battle for a seat on Procter & Gamble's board.
      • In October, Peltz was initially reported to have lost the proxy vote by a slim margin.
      • Now, a recount shows Peltz actually won by 43,000 votes — a 0.002% margin.

      A little over a month ago, it looked like Nelson Peltz had been foiled in the biggest proxy battle in history...

      Read Full Article
    16. Two of Snap's Biggest Investors Just Loaded up on More Shares

      Two of Snap's Biggest Investors Just Loaded up on More Shares
      • Two of Snap's largest shareholders, Fidelity and Coatue Management, increased their holdings during the company's third quarter.
      • The revelation is a sign of confidence in Snap despite its disappointing earnings results.

      Fidelity Investments and technology-focused hedge fund Coatue Management boosted their stakes in social media company Snap Inc. during the third quarter, despite Snap’s disappointing results, regulatory filings showed on Tuesday...

      Read Full Article
    17. Apple could give Shareholders a Huge Dividend if Tax Reform Actually Happens

      Apple could give Shareholders a Huge Dividend if Tax Reform Actually Happens
      • As of the end of September, Apple had $268.9 billion of cash and investments on its balance sheet. Of that, $252.3 billion was held overseas for tax purposes
      • A major component of the Republican tax plan seeks to entice companies to move that cash back to the US with a one-time, special repatriation rule.
      • After paying off debts, Apple could pay a $15-$20 special dividend to get its excess cash into shareholders' hands in a speedy manner...
      Read Full Article
    18. General Electric Slashes its Divided by 50%

      General Electric Slashes its Divided by 50%

      General Electric's board of directors announced on Monday it is cutting its dividend in half  — from $0.24 to $0.12 a share.

      “We understand the importance of this decision to our shareowners and we have not made it lightly.  GE Chairman and CEO John Flannery said in the release. "We are focused on driving total shareholder return and believe this is the right decision to align our dividend payout to cash flow generation...

      Read Full Article
      Mentions: CEO Dividend crisis
    19. Equifax's Data Breach will Cost it for Months to Come

      Equifax's Data Breach will Cost it for Months to Come

      Reuters / Brendan McDermid

      • Equifax has no idea how deep the losses incurred by its massive data breach will run.
      • The company is also coming under fire from government agencies and courts.

      Equifax reported that revenue ticked up 4% year-over-year in the third quarter to a less-than expected $835 million and that net income plunged 27% to $96 million due to the initial costs related to the most damaging consumer data hack in US history...

      Read Full Article
      Mentions: SEC Twitter UK
    20. The Former CEO of J.Crew says he Approached Amazon About Buying the Company

      The Former CEO of J.Crew says he Approached Amazon About Buying the Company
      • The former CEO of J.Crew, Mickey Drexler, told Andrew Ross Sorkin at the New York Times' DealBook conference that he approached Amazon about a possible acquisition.
      • The deal did not go through, obviously.
      • Drexler also said that the company was close to a deal with Uniqlo.

      Mickey Drexler has a few regrets in his time of business. One of them, as he told Andrew Ross Sorkin at the New York Times' Dealbook conference on Thursday, is that he never sold J.Crew when he had the opportunity...

      Read Full Article
      Mentions: Conference CEO Amazon
    21. Panera's CEO and Founder has Announced his Plans to Step Down After the Chain Reveals a Major Acquisition

      Panera's CEO and Founder has Announced his Plans to Step Down After the Chain Reveals a Major Acquisition
      • Panera's founder and CEO is stepping down at the end of the year, after 36 years of leadership at the chain.
      • The chain also announced on Wednesday that it plans to acquire rival Au Bon Pain.

      Panera Bread announced two huge pieces of news on Wednesday: the fast-casual chain is acquiring rival Au Bon Pain, and its founder is stepping down as CEO...

      Read Full Article
    22. Oprah Winfrey Has Now Raked in $300 Million from her Weight Watchers Investment

      Oprah Winfrey Has Now Raked in $300 Million from her Weight Watchers Investment
      • Oprah Winfrey owns 10% of Weight Watchers' stock, with options to grow that position to 15%.
      • She's made a net $300 million on the investment since late 2015, as the stock has surged almost 700%.

      Weight Watchers shareholders rejoiced on Tuesday as the company's stock surged as much as 22%. But no one had more to celebrate than Oprah Winfrey...

      Read Full Article
      Mentions: Investment CEO stake
    23. Uber investor Shervin Pishevar has filed a Lawsuit over an Alleged 'Smear Campaign' Against Him

      Uber investor Shervin Pishevar has filed a Lawsuit over an Alleged 'Smear Campaign' Against Him
      • Venture capitalist Shervin Pishevar is suing a GOP political opposition research group that he alleges was conducting a smear campaign against him.
      • The suit claims that the company, Definers Public Affairs, has been calling up reporters and spreading lies about him such as that he's a Russian agent or that he's made a payoff to settle a sexual assault claim...
      Read Full Article
      Mentions: CEO Uber SoftBank
    1-24 of 974 1 2 3 4 ... 39 40 41 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content