General Electric informed Baker Hughes that it intends for its designee John Rice to remain on the Baker Hughes board of directors and asked for ...
New York hedge fund manager Sidus Investment Partners plans to nominate two directors for San Antonio marketing company Harte Hanks Inc.'s ...
Canadian Pacific Railway CEO Hunter Harrison speaks at the company's annual meeting in Calgary, Alberta. Harrison, who led the turnaround of Canadian Pacific railroad over the past five years is teaming with an activist investor to target CSX railroad. He announced his retirement from CP Wednesday, Jan. 18, 2017, and then told the Wall Street Journal about his plans...
In a letter to shareholders, Cracker Barrel President and CEO Sandra Cochran said the company believes Biglari's “true intentions may be to take control of Cracker Barrel without paying shareholders a premium.” Biglari lost out in a bid to gain a seat on Cracker Barrel's board last year, but now he wants a seat on the board for himself and Biglari Holdings Vice Chairman Philip Cooley — Biglari's ...
[...] Napier also gained $17.02 million in previous stock options and vested stock awards, a windfall that by itself accounts for much of the large jump in the area's cumulative executive pay. The second-, third- and fourth-largest executive earners in the area also garnered large 2011 pay gains from stock options and vested stock awards in amounts that surpassed their base salary. The growing ...
No one lit candles on a cake and sang the birthday song, but the Sarbanes-Oxley corporate reform law hit the big 1-0 this summer. The corporate governance practices that followed have become so ingrained at companies that many people now take them for granted and perhaps have forgotten, if they every knew, where they originated. It can be said the reforms came from Texas. The widespread deception and spreadsheet trickery at Houston-based Enron Corp. came to light in late 2001 and destroyed the c
“Once you become the CEO of a public company you relinquish the right to privacy when it comes to health issues,” said Nell Minow, co-owner and board member of GMI Ratings, an independent research firm specializing in corporate governance. “The board ...
When it comes to corporate governance, hardly anyone could be more blunt than San Antonio investor George Karutz Sr. How blunt can he get? How about this: “Directors tend to leave their brains, their balls and their backbone at the boardroom door.” Karutz told me during a lunch meeting that he felt compelled to speak out about his views because of his long experience as an investor and as local efforts increase to entice investors to look more at local startup companies. He has criticized direct