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    1. Theranos Will Shrink by Almost Half, Laying off 155 Employees

      Theranos Will Shrink by Almost Half, Laying off 155 Employees

      The slow implosion of the blood testing company Theranos continued in 2017 as the company announced that it would lay off 40 percent of its employees in what it called a "further re-engineering."  The company is laying off 155 employees, leaving "a core team of 220 professionals to execute on its business plans," the company said in a statement on its website...

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      Mentions: Chairman
    2. Trump's Pick for Defense Secretary Has Resigned from Theranos's Board

      Trump's Pick for Defense Secretary Has Resigned from Theranos's Board

      Retired Marine Gen. James N. Mattis has resigned from the board of the beleaguered Silicon Valley blood testing company Theranos, according to a person with direct knowledge. Mattis stepped down in December in preparation for a confirmation hearing as president-elect Trump's pick for secretary of defense, the person said...

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    3. Trump's Secretary of State Pick Will Receive Nest Egg Worth $180 Million, Placed in a Trust

      Trump's Secretary of State Pick Will Receive Nest Egg Worth $180 Million, Placed in a Trust

      Exxon Mobil's board of directors has an answer to the nine-figure question about how it will handle the stock due to its outgoing chief executive, Rex Tillerson, who is President-elect Donald Trump's nominee to become secretary of state. Tillerson will surrender the shares, but the company will make a cash payment nearly equivalent to their value -- more than $180 million -- to an irrevocable trust that will be distributed to Tillerson over time...

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    4. One Billion Reasons Why the Yahoo Cyber Breach Matters

      One Billion Reasons Why the Yahoo Cyber Breach Matters

      Verizon may have given Yahoo’s stockholders one billion reasons why cybersecurity matters last week when it hinted it could push to reduce its purchase offer for Yahoo.  The prospect of Yahoo’s stockholders losing $1 billion (or more) as a result of a cyberattack is a bellwether moment in quantifying the need for cybersecurity. Let me explain why...

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      Mentions: acquisition
    5. This Might Help Explain Why Corporate Boards Are Still an Old Boy's Club

      This Might Help Explain Why Corporate Boards Are Still an Old Boy's Club

      Companies with the highest percentage of female directors have been shown to outperform on equity, return on sales and return on invested capital. They pay less to gobble up other firms. They have lower stock price volatility. And those with more women at the top have even been shown to have fewer governance controversies, such as bribery and fraud ...

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    6. What the Ailes Troubles Could Mean for 21st Century Fox’s Business — a Primer for Shareholders

      What the Ailes Troubles Could Mean for 21st Century Fox’s Business — a Primer for Shareholders

      Roger Ailes, as the story goes, landed a media consulting gig with the Richard Nixon presidential campaign and is credited in “ The Selling of the President ” with helping land him in the White House. Ailes was not offered a job in the administration, and he went on to build a lucrative trade in shaping political opinion.  This summer Ailes’s career at Fox News Channel collapsed amid accusations of sexual harassment by female employees...

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    7. On Leadership: The One CEO Perk That’s Not Fading Away

      On Leadership: The One CEO Perk That’s Not Fading Away

      Since 2006 -- when the Securities and Exchange Commission began requiring companies to disclose more detail about executive compensation -- the perks of top managers have been under attack. And under pressure from investors and the fear of embarrassing optics for companies, many have quietly vanished. Country club memberships have all but gone the way of the three-martini lunch. Allowances for company cars? So very 2005.Read full article...

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    8. ‘Size matters’: Marriott to buy Starwood, Creating the World’s Largest Hotel Company

      ‘Size matters’: Marriott to buy Starwood, Creating the World’s Largest Hotel Company

      Marriott International, the Bethesda-based hotel behemoth, said Monday it has agreed to buy Starwood Hotels & Resorts in a $12.2 billion deal that would create the world’s largest hotel company.The combined hotelier, to be based in Bethesda, would own or franchise 5,500 properties and be the only company to have more than 1 million hotel rooms...

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      Mentions: acquisition
    9. On Leadership: This Might Just be why Progress on Board Diversity is So Slow

      On Leadership: This Might Just be why Progress on Board Diversity is So Slow

      Many reasons have been given for why only 19 percent of corporate board directors are women -- a number that has barely budged over the last decade. There aren't enough directors retiring to make room for new ones. There aren't enough outside pressures to prompt real change. Boards can't find enough women to take new seats...

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    10. On Leadership: Should CEOs Hold the Chairman’s Role? A Vote Facing Bank of America Reignites the Divide

      On Leadership: Should CEOs Hold the Chairman’s Role? A Vote Facing Bank of America Reignites the Divide

      Last October, Bank of America's board gave CEO Brian Moynihan another hat to wear, naming him chairman of the company's board.But this was no ordinary crowning of a CEO as the board's leader. Back in 2009, as the financial crisis raged, a majority of Bank of America shareholders voted to separate the company's top two leadership roles, stripping then-CEO Ken Lewis of his chairman's title, a rare feat for investors...

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    11. On Leadership: The Problem With Outsider CEOs

      On Leadership: The Problem With Outsider CEOs

      Way back in 1999, an executive from Lucent Technologies named Carly Fiorina was recruited to be CEO of Hewlett-Packard. The board of HP—that granddaddy of Silicon Valley companies—brought her in to help transform the lagging computer maker. She tried to do just that, slashing headcount, shaking up how the venerable old company worked, and embarking on a massive controversial merger with Compaq despite opposition from one of the company founder’s sons...

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    12. Main Street Morning: Square to add Magic Johnson to board of directors

      Main Street Morning: Square to add Magic Johnson to board of directors

      Welcome to Main Street Morning, The Washington Post’s daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government. Here’s what’s affecting my small business my clients and other entrepreneurs today. Gene Marks owns the Marks Group, a Bala Cynwyd PA consulting firm that helps clients with customer relationship management...

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      Mentions: Management Chairman
    49-72 of 109 « 1 2 3 4 5 »
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