1. Articles from wsj.com

  2. 1-24 of 235 1 2 3 4 5 6 7 8 9 10 »
    1. Activist Investor Takes Stake in CVS

      Activist Investor Takes Stake in CVS

      Activist investor Starboard Value LP has taken a stake in CVS Health Corp. and held talks with the drugstore-and-insurance giant’s management, according to people familiar with the matter. The stake appears to be relatively small and the people said the talks, held recently, are amicable. How much Starboard currently owns and what it has discussed with the company couldn’t be learned...

      Read Full Article
    2. McDonald’s to Pay Easterbrook Six Months Severance

      McDonald’s to Pay Easterbrook Six Months Severance

      McDonald’s Corp. MCD -2.72% said it would pay former Chief Executive Steve Easterbrook six months in severance after firing him due to a relationship with an employee that broke company policy. The burger giant said in a filing on Monday that the agreement absolved McDonald’s of liability resulting from Mr. Easterbrook’s termination and barred him from working for another fast-food company for two years...

      Read Full Article
    3. AT&T Reaches Truce With Activist as TV Defections Worsen

      AT&T Reaches Truce With Activist as TV Defections Worsen

      Division holding DirecTV sheds 1.4 million pay-TV customers in latest quarter; WarnerMedia revenue slips AT&T Inc.’s struck a truce with an activist investor that had been pressuring the telecom giant to revamp its strategy and said its chief executive will stay at the helm through next year. The deal came as the company reported another quarter revealing the challenges of moving beyond its traditional telephone business. Overall, quarterly profit and revenue declined from a year ago...

      Read Full Article
    4. Activist Investor Behind CSX Overhaul Sells Most of Its Stake

      Activist Investor Behind CSX Overhaul Sells Most of Its Stake

      The activist that shook up CSX Corp. has wound down most of its investment in the railroad operator, marking an end to a three-year saga that helped spur a massive overhaul of the U.S. railroad industry. Paul Hilal’s investment vehicle, Mantle Ridge LP, has sold off nearly all of its $1 billion position in CSX, according to securities filings...

      Read Full Article
    5. Care.com Needs Supervision

      Care.com Needs Supervision

      Activist investor calls for Care.com to consider a sale, but even that may not be enough to restore parents’ lost trust Care.com’s days as an independent matchmaker could be limited. New York-based activist investor Engine Capital L.P. is calling for the company to explore a sale in the wake of The Wall Street Journal’s March investigation which showed it provided limited vetting of its caregivers, sometimes with tragic results...

      Read Full Article
    6. Icahn Looks to Occidental’s Ex-CEO for Help in Fight With Company

      Icahn Looks to Occidental’s Ex-CEO for Help in Fight With Company

      Occidental Petroleum Corp. Chief Executive Vicki Hollub is eager to move forward following her $38 billion deal to buy Anadarko Petroleum Corp. But first she has to deal with Carl Icahn, who is trying to bring Ms. Hollub’s predecessor back into the boardroom. The activist investor has already pushed for four seats on Occidental’s board, arguing that Ms. Hollub ignored investors and made costly rookie mistakes in her bid to outduel Chevron Corp. for Anadarko...

      Read Full Article
    7. Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control

      Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control

      As Facebook Inc. FB -0.56% ’s co-founder and chief executive, Mark Zuckerberg holds extraordinary sway over the social-media giant. Wednesday’s historic settlement with the Federal Trade Commission keeps his power largely intact, even as it calls for the board to tighten the reins on the company’s privacy practices...

      Read Full Article
    8. Vanguard to Take Tougher Stance Against Overextended Board Members

      Vanguard to Take Tougher Stance Against Overextended Board Members

      Vanguard Group is taking a tougher stance against companies whose board members it believes are stretched too thin.

      The world’s second-largest asset manager plans to vote, in most cases, against corporate executives running for two or more public-company board seats beyond where they are employed, a Vanguard spokeswoman said. Vanguard said it would generally vote against other board candidates seeking more than four board seats at one time...

       

       
      Read Full Article
    9. More U.S. Companies Separating Chief Executive and Chairman Roles

      More U.S. Companies Separating Chief Executive and Chairman Roles

      A push by corporate governance experts, shareholders and, in some cases, regulators to untangle the chairman and chief executive positions at U.S. public companies is gaining traction.

      The percentage of S&P 500 companies whose chief executives also serve as chairman reached 45.6% in 2018, compared with 48.7% the year before and the lowest percentage in at least a decade, according to data compiled for The Wall Street Journal by ISS Analytics, the data intelligence arm of proxy adviser Institutional Shareholder Services Inc...

      Read Full Article
    10. When Scandals Hit Campus, College Boards Rarely Get Hurt

      When Scandals Hit Campus, College Boards Rarely Get Hurt

      Lawmakers, faculty and students are demanding more accountability from university boards as sexual-abuse and other scandals continue to shake U.S. campuses.

      The boards that oversee universities have remained largely intact at schools including Michigan State University and the University of Southern California, where...

      Read Full Article
    1-24 of 235 1 2 3 4 5 6 7 8 9 10 »
  1. Categories

    1. BoardProspects Features:

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