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    1. Rite Aid CEO, Leadership Face Uncertain Vote of Confidence

      Rite Aid CEO, Leadership Face Uncertain Vote of Confidence

      Top executives and board members at Camp Hill, Pa.-based Rite Aid face an uncertain vote from shareholders during their annual meeting Oct. 30 amid the company's plummeting stock value and failed mergers, according to Forbes . The company's CEO John Standley, six board members and three recently appointed independent directors are up for election Oct. 30 during Rite Aid's annual stockholders meeting in New York...

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    2. Cardinal Health Exec Pay Should Include Opioid Settlements, Shareholders Say

      Cardinal Health Exec Pay Should Include Opioid Settlements, Shareholders Say

      Two shareholders are requesting Cardinal Health's executive pay not be insulated from legal costs associated with ongoing opioid litigation, according to a Sept. 26 proxy statement . Cardinal Health is facing over 300 lawsuits from local and state governments for its role in distributing painkillers...

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    3. McKesson CEO Takes 10% Pay Cut as Company Faces Opioid Lawsuit

      McKesson CEO Takes 10% Pay Cut as Company Faces Opioid Lawsuit

      McKesson CEO John Hammergren will take a 10 percent pay cut in fiscal 2018 as the company faces a shareholder lawsuit for allegedly failing to audit controls for opioid-based painkillers, according to Bloomberg . The lawsuit was filed in 2017 by shareholder Chaile Steinberg against former and current McKesson executives and directors...

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      Mentions: CEO Google Twitter
    4. HCA lets Major Shareholders Nominate Directors After Activist Investor Pushes for Change

      HCA lets Major Shareholders Nominate Directors After Activist Investor Pushes for Change

      The directors of Nashville, Tenn.-based HCA Healthcare voted last week to allow established investors to participate in the board seat nomination process, according to a filing with the Securities and Exchange Commission. The company added a provision to its amended bylaws to allow an individual stockholder or a group of up to 20 stockholders who have owned at least 3 percent of HCA's common stock for at least three years to nominate directors...

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      Mentions: Investors SEC Bylaws
    5. Study Finds Women Bring Risk Management, HR Skills to Boards

      Study Finds Women Bring Risk Management, HR Skills to Boards

      Women elected to corporate boards tend to have more experience in risk management and human resources than their male counterparts—a boon for corporate governance, a recent study says. In fact, according to the research, women board members were likely to bring a half-dozen skills important to decision making that weren't well-represented on their boards before ...

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    1-7 of 7
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