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    1. Sotheby's Names Madison Square's Tad Smith as CEO

      Sotheby's Names Madison Square's Tad Smith as CEO

      (Reuters) - Auction house Sotheby's appointed Madison Square Garden Co Chief Executive Tad Smith its CEO, replacing William Ruprecht.

      Sotheby's said in November that Ruprecht would step down once a successor was found.

      The company also said on Monday that it had separated the roles of chairman and CEO, naming lead independent director Domenico De Sole chairman.

      (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Kirti Pandey)

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    2. General Electric to Allow Shareholders to Nominate Directors

      General Electric to Allow Shareholders to Nominate Directors

      WASHINGTON (Reuters) - General Electric Co. changed its bylaws earlier this month to create an easier path for shareholders to nominate directors to its corporate board, the company disclosed in a filing on Wednesday. Under the new rules, a single shareholder or a group of up to 20 shareholders who own more than 3 percent of the company's stock for at least three years will be allowed to ...

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