Bank of America shareholders approved the company's directors and executive compensation policies, the bank announced at its annual meeting Wednesday. The moves came despite a $4 billion capital error that the Charlotte, N.C., company announced ...
It may be the U.S. energy industry’s oddest couple: Lee Raymond, who was famously tightfisted as chief executive of Exxon Mobil Corp., now has a seat at the table in a venture headed up by Aubrey McClendon, whose aggressive spending hastened his exit as chairman at Chesapeake Energy Corp...
Institutional Shareholder Services, the biggest U.S. proxy adviser, said Oracle Corp. investors should vote against nearly the entire board and reject changes the company is seeking to its stock compensation plan in protest of what ISS considers excessive pay...
Twitter's Corporate Governance a Mixed Bag. By Maxwell Murphy. Corporate governance mavens have something to cheer and something to jeer following Twitter Inc.'s initial public offering filing late Thursday. Unlike rival Facebook Inc., Twitter didn't split its ...
In boardrooms across the country, corporate directors increasingly view information technology as a strategically important part of the business, according to a new report from PricewaterhouseCoopers LLP...
Busy boards can lead to weak corporate governance. Proxy advisory firm Institutional Shareholder Services includes in its Governance QuickScore overview a note that “Directors with an excessive number of board seats may not have sufficient time to devote to the needs of individual boards.” What is excessive? ...
Corporate governance has changed dramatically in 40 years. Just ask Robert Ted Enloe III. He's been on the board of Leggett & Platt Inc. that whole time. “Governance is far better today,” says Mr. Enloe. The 74-year-old former attorney has served on the