(BLOOMBERG) - In what's billed by local media as the " divorce of the century ", the chairman of South Korea's third-largest conglomerate could wind up surrendering up to US$1.2 billion (S$1.6 billion) of his shares to his aggrieved wife. Chey Tae-won has good reason to worry that judges won't look kindly upon him: He's already started a second family with a glamorous American-Korean internet ...

A major proxy advisor is urging Boeing investors to require an independent board chairman at the company's annual meeting on April 29. Boeing CEO Dennis Muilenburg currently serves as an independent director of the company's board. ISS says the board needs an independent chairman if it wants to weather the crisis that has seen the 737 Max, its best-selling plane, grounded worldwide for more than a month...

As the firm behind New Yorks Fearless Girl statue, State Street Corporation has gotten an estimated$13 million in free publicityand even seen successpushing companies to add women to their boards of directors. But as a shareholder, the firms fund specifically devoted to gender diversity has often opposed initiatives in favor of that mission...

(Reuters) - Appaloosa LP said on Thursday investor John Chevedden was backing the hedge fund's proposal to split the roles of chairman and chief executive officer at Botox-maker Allergan Plc...

A small group of protestors chanted No money for Les outside of CBSCorp.s annual shareholders meeting in New York on Tuesday, but inside there were no questions from shareholders about the sexual misconduct scandal that has enveloped the company and former chairman-CEO Leslie Moonves...

PGE shares plummet after company discloses electric incident just before California wildfires from CNBC.

Teslas third-largest shareholder believes in what Elon Musk is doing at the company. And its willing to put up more cash if the car makers co-founder asks for it...

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...

Comcast outbids Fox by $3.6 billion in a three-round auction process from CNBC.

NEW YORK U.S. Senator Elizabeth Warren has proposed a bill the Accountable Capitalism Act that would require large companies to create corporate charters that take account of the interests of workers, customers and communities in addition to shareholders. To enforce this dictum, it would give each companys employees the power to elect 40 percent of the corporate directors. Right now, U.S. corporations are set up to maximize the ...

Investors are holding Mark Zuckerbergs feet to the fire on the heels of a disappointing earnings report that caused shares to craterin after-hour trading Wednesday, with one drawing up a proposal that the social media sites founder be removed as chairman...

Johnson Controls (JCI) announced in March that it is exploring strategic alternatives for its power solutions business. Power solutions is the leading global manufacturer of automotive lead-acid batteries, having shipped approximately 154 million of them in 2017...

Investors supported a number of stockholder proposals that would give investors a role in the nomination of directors and the ability to make changes with a simple majority vote. The voice of shareholders is being ignored and has been ignored for many years, said James McRitchie, publisher of a popular corporate governance portal CorpGov.Net. Once again, lets send a message to the board...

I am going to take a deep dive into UMS United Medical Systems International AGs ( DB:UMS ) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure of a company has been found to affect share performance over time. Since the same amount of capital coming from an activist institution and a passive mutual fund has different implications on corporate governance, it is a useful ...

In terms of power, shareholders often have the last word, especially with a strong vote. We saw Blackrock demonstrate this on Tuesday as their CEO sent a letter to thousands of companies they hold in mutual funds and ETFs declaring, a new model for corporate governance . He went further to say that...

...pany.The county's third-largest investor-owned hospital company changed its corporate bylaws this week to let majority shareholders request meetings. Before, only the CEO, board chairman or board of directors could do so...