U.S. oil and gas producer Occidental Petroleum Corp is nearing an agreement with activist investor Carl Icahn to halt a proxy battle in return for board seats, according to a person familiar with the matter. The agreement could put an end to a bitter fight over Occidental's ill-timed purchase of rival Anadarko Petroleum last year, a bet on the continued growth of U.S. shale...

Temporary succession planning could become a more pressing issue in the coming weeks, as companies prepare for the possibility of executive absences related to the coronavirus pandemic, governance experts say. Finance chiefs, long seen as a steady hand within an organization, are likely contenders to temporarily fill a chief executive or chairman post if needed...

ARDEN HILLS, Minn., March 19, 2020 (GLOBE NEWSWIRE) -- IntriCon Corporation (NASDAQ: IIN), a designer, developer and manufacturer of miniature interventional, implantable and body-worn medical devices, today announced the appointment of Heather Rider to the company’s Board of Directors...

Lamb Weston Holdings, Inc. (NYSE: LW) announced today the appointments of Robert J. Coviello, Senior Vice President, Sustainability and Government Affairs at Bunge Limited, and Robert A. Niblock, former Chairman, President and CEO of Lowe’s Companies, to its Board of Directors...

 Simmons served as CEO of the maker of the TABASCO brand of pepper sauces from 2013 to 2019 and has served on its board since 1997...

Xerox Holdings Corp. said it is putting its campaign to take over HP Inc. on hold, a sign that the coronavirus pandemic is affecting deal making. The company said Friday it is postponing additional presentations, interviews with the press and meetings with HP shareholders...

Walt Disney Co. shareholders approved a referendum outlining former Chief Executive Robert Iger's compensation for 2019, with less support than the previous year's vote. At the company's annual meeting Wednesday, the nonbinding resolution on executive compensation, including Mr. Iger's $47.5 million package, passed with about 53% of shareholder votes. The same resolution was accepted at 2019's meeting with 57% voting in favor...

The biggest activist hedge funds are jumping on the wave of socially responsible investing. Elliott Management Corp., known for waging campaigns for share buybacks and executive change, suggested in its recent public letter to Evergy Inc. that the utility consider reducing its carbon footprint...

HP Inc. pledged to buy $15 billion worth of stock, with at least $8 billion of that in the first year, to tackle a hostile takeover from Xerox Holdings Corp. HP called Xerox's proposal "a fundamentally flawed value exchange" that "created an irresponsible capital structure" and overstates potential savings and productivity gains from merging the companies...

In April last year, Bayer AG Chief Executive Werner Baumann was on defense. The architect of one of the most disastrous acquisitions in German corporate history, he had become the country's first chief executive to lose a vote of confidence by shareholders...

BlackRock Inc declined to back or reject a regulatory proposal to reform the shareholder resolution process in a long-awaited letter distributed on Thursday, seeking instead a middle ground on a hotly contested, politicized issue. The letter provided by a spokesman for the world's largest asset manager was just one of thousands of comments filed with the U.S. Securities and Exchange Commission (SEC)...

Britain's top companies are making too little progress in hiring people of colour to top jobs and end "all-white domains" in many boardrooms, a government-backed report said on Wednesday...

JPMorgan Chase & Co. paid its chief executive, James Dimon, $31.5 million for his work in 2019, a 1.6% boost, as the bank set fresh records in profit and stock price. The pay includes $6.5 million in cash, including salary and bonus, and $25 million in stock grants that would be earned over the coming years, depending on the bank's performance...

BlackRock Inc has built a 5.12% stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor, according to a regulatory filing by the U.S. asset manager. The revelation by BlackRock on Wednesday came a day after veteran activist investor Yoshiaki Murakami launched an up to $235 million hostile bid for control of the molding company...

Billionaire activist investor Carl Icahn on Monday urged the U.S. Securities Exchange Commission (SEC) to rethink a proposed rule change for proxy adviser firms, saying it would make activist investing "even more difficult and expensive to practice." The SEC earlier this month put forward new rules that would require proxy adviser firms to give companies a chance to review proxy materials before they are sent to shareholders...

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday. Icahn sued Occidental in Delaware Court of Chancery last May seeking financial records and details of its negotiations with Anadarko. He has since committed to a proxy fight to appoint new management and accelerate asset sales to repay debt taken on with the $38 billion deal...

 - Dundee Sustainable Technologies Inc. ("DST" or the "Corporation") (DST: CSE) is pleased to announce the appointment of Mr. Robert Sellars to the Board of Directors...

Papa John's International Inc said on Wednesday its finance head would leave the company next year as new Chief Executive Officer Rob Lynch made a slew of top level changes to turn around the pizza chain's stuttering business. Lynch, who was previously president of Arby's Restaurant Group Inc, took over the top job in August and was tasked by activist investor Starboard Value to improve Papa John's sales, which have been dented by the negative publicity surrounding its founder John Schnatter...

TOKYO (Reuters) - Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group, warning it would take "all available measures" if it fails to do its "fiduciary duty". Activist investor Elliott's warning comes after Unizo had previously rebuffed an offer from Blackstone. The buyout group this week ratcheted up its pursuit of the company by launching the buyout offer, to which Unizo is still deciding its response...

Boeing Co.'s boardroom shakeup puts David Calhoun, a powerful behind-the-scenes figure, in position to control the aerospace giant's response to the 737 MAX crisis, one of the most fraught episodes in the company's history. Senior officials at some Boeing customers said they found the move to appoint Mr. Calhoun chairman, unveiled Friday, reassuring amid the MAX's prolonged grounding following two deadly crashes...

(Reuters) - Index funds now control half the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars. But the leading U.S. index fund firms, BlackRock Inc, Vanguard Group and State Street Corp, rarely use that clout...

AT&T Inc.'s chief executive met this week with the activist investor who is pressing the company to rethink its strategy and sell off more assets, according to people familiar with the matter. AT&T boss Randall Stephenson and Jesse Cohn, the portfolio manager at Elliott Management Corp. who challenged the telecom veteran, met Tuesday in New York for an introductory conversation, the people said...

HOUSTON (Reuters) - Activist investor Carl Icahn, who has launched a proxy fight to win seats on Occidental Petroleum's board, said on Wednesday he opposed efforts by the Houston-based company to name new directors without picking from his slate. Icahn cited a Bank of America Merrill Lynch analyst's report published on Monday that Quote: d CEO Vicki Hollub as saying the oil producer's board planned to make governance changes, including the appointment of two "qualified" directors...

STOCKHOLM (Reuters) - Telecom equipment maker Ericsson's CEO Borje Ekholm could be about to announce his exit after less than three years in the job with outgoing Saab CEO Hakan Buskhe planned as his replacement, business daily Dagens Industri reported on Wednesday citing anonymous sources...