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    1. 'CEOs Doubling Up as Chairmen a Big Problem in Asia'

      'CEOs Doubling Up as Chairmen a Big Problem in Asia'

      CEO duality, or when a chief executive officer and the chairman of its board of directors is the same person is a huge problem in Asia, said an expert in internal auditing and fraud prevention. "As a best practice, (the CEO and the chairman of the board) should never be the same person because the functions are distinctively different," said Sanjeev Gathani, a 10-year veteran in the field of ...

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    2. Tesco Accounting Black Hole Deepens, Chairman to Step Down

      Tesco Accounting Black Hole Deepens, Chairman to Step Down

      LONDON - The chairman of Britain's biggest grocery chain, Tesco, announced his resignation on Thursday after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought. Tesco, Britain's biggest private employer and once the juggernaut of its retail sector, has lost half its market value this year after the ...

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      Mentions: Shareholders
    3. Citing Super-Busy Schedule, Ballmer Resigns From Microsoft Board

      Citing Super-Busy Schedule, Ballmer Resigns From Microsoft Board

      Former Microsoft CEO Steve Ballmer has broken another tie with the company, stepping down from the company's board of directors effective immediately. Ballmer says in an email to CEO Satya Nadella that he's too busy with his new ownership of the Los Angeles Clippers basketball team, teaching, study and civic contributions to carry on. "The fall will be hectic between teaching a new class and the ...

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      Mentions: CEO Shareholders
    1-24 of 38 1 2 »
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