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    1. Disney CEO Chapek Rejects Activist Loeb's Call for ESPN Spin-Off

      Disney CEO Chapek Rejects Activist Loeb's Call for ESPN Spin-Off

      (Reuters) -Walt Disney Co chief executive Bob Chapek has rejected billionaire activist investor Daniel Loeb's call to sell or spin off the ESPN sports television network, the Financial Times reported on Saturday. Loeb, who runs Third Point, in August disclosed a stake of roughly $1 billion in Disney and announced plans to push the company to make a string of changes, from spinning off ESPN to buying back shares and adding new board members...

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    2. The State Bank Announces Appointment of Mark Bole, Kristen Holt, and Debra Williams to Fentura Financial, Inc. Corporate Board of Directors

      The State Bank Announces Appointment of Mark Bole, Kristen Holt, and Debra Williams to Fentura Financial, Inc. Corporate Board of Directors

      (GLOBE NEWSWIRE) -- Fentura Financial, Inc. and The State Bank are excited to announce the appointment of three new Board of Directors. Mark Bole, Kristen Holt, and Debra Williams were appointed to the Board of Directors for both Fentura Financial, Inc. and The State Bank. Mark Bole is the Global Chief Administrative Officer and President of International Operations for GM Financial...

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      Mentions: Harvard MBA Bank
    3. China Regulator Denies it Asked Foreign Banks For Executive Pay Details

      China Regulator Denies it Asked Foreign Banks For Executive Pay Details

      (Reuters) - China's securities regulator on Tuesday denied that it and its securities association had asked foreign investment banks for senior executives' pay details or suggested they implement pay curbs, rejecting media reports. Bloomberg reported on Friday that Chinese regulators had warned top global banks, during meetings in Shanghai and Beijing this year, against paying their top bankers in China lavishly...

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    4. Unilever Names Activist Investor Nelson Peltz to Board

      Unilever Names Activist Investor Nelson Peltz to Board

      (Reuters) -Unilever named Nelson Peltz as a board member on Tuesday, as it engages in talks about strategy with the American activist investor who now holds a roughly 1.5% stake in the consumer goods giant. London-listed Unilever said Peltz will join as a non-executive director from July and serve as a member of the board's compensation committee...

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    5. Elliott Dissolves Stake in Duke Energy, Discloses Stake in Suncor

      Elliott Dissolves Stake in Duke Energy, Discloses Stake in Suncor

      NEW YORK (Reuters) -New York-based Elliott Investment Management, one of the world's most prominent activist investors, has dissolved its stake in Duke Energy Corp, the firm disclosed in a regulatory filing on Monday. Elliott owned 1 million shares at the end of the fourth quarter, according to a filing made in February. At the end of the first quarter, it no longer owned the stock, the filing made on Monday shows...

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    6. U.S. Poll Finds Bipartisan Concern Over High CEO Pay

      U.S. Poll Finds Bipartisan Concern Over High CEO Pay

      (Reuters) - Bipartisan majorities of U.S. adults think CEO pay is too high, a new poll found, presenting a challenge for corporate boards looking to balance compensation for leaders and workers. In a survey of 1,037 people in February, 81% of Democrats and 71% of Republicans said the CEOs of the largest American companies were paid "too much," according to poll sponsor Just Capital, a nonprofit focused on corporate stakeholder research...

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    7. FTSE Firms Given Diversity Target of 40% Women on Boards

      FTSE Firms Given Diversity Target of 40% Women on Boards

      The UK’s financial watchdog has set diversity targets for FTSE listed companies, including that 40% of boards should be women. The Financial Conduct Authority (FCA) has finalised rules requiring listed companies to report information and disclose against targets on the representation of women and ethnic minorities on their boards and executive management...

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      Mentions: Management Women Gap
    8. Proxy Firms Back Bombardier Stock Consolidation Plan, Split on Two Board Members

      Proxy Firms Back Bombardier Stock Consolidation Plan, Split on Two Board Members

      MONTREAL (Reuters) - Proxy firm ISS joined Glass Lewis to back a Bombardier Inc proposal to reduce the number of its common shares, in a move the company said could help increase its stock price and reduce transaction costs for investors. Montreal-based Bombardier in March said it would seek shareholder support for a reverse stock split of its Class A and Class B shares that could range between 10-for-1 and 30-for-1...

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      Mentions: Bombardier ISS stake
    9. Vimly® Benefit Solutions Adds New Board Member to Advance Strategy

      Vimly® Benefit Solutions Adds New Board Member to Advance Strategy

      (BUSINESS WIRE ) -- Vimly Benefit Solutions, a leading provider of cloud-based benefits administration technology, announced that it has recently appointed Keith Dorsey to its Board of Directors. Mr. Dorsey's over 25 years of sales leadership experience in the Human Capital Management and Benefits Technology industry adds significant value to the Vimly board...

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    10. Takeda Announces Candidates for Board of Directors at Upcoming Shareholders Meeting

      Takeda Announces Candidates for Board of Directors at Upcoming Shareholders Meeting

      Takeda today announced that its Board of Directors will propose two new candidates for independent external directors at the 146 th Ordinary Meeting of Shareholders on June 29, 2022. The new candidates, Kimberly A. Reed and John Maraganore, who – if approved – will join the Board effective June 29, will succeed Toshiyuki Shiga and Shiro Kuniya who have announced their intention to retire...

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    11. Will Apple Buy Peloton?

      Will Apple Buy Peloton?

      Just because Peloton is wounded and Apple has gobs of cash, knowledge and momentum behind its fitness offerings, with the Apple Watch and new fitness classes, does it mean the tech giant will make an acquisition play for the connected bike maker? "That has been a question I have been asked for the last three or four months," said Cowen tech analyst Krish Sankar , referring to the rumblings of Apple gobbling up Peloton on weakness...

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    12. Beth Altman Joins Papyrus Therapeutics Inc.

      Beth Altman Joins Papyrus Therapeutics Inc.

      ( BUSINESS WIRE )--Beth Altman, former managing partner at accounting firm KPMG LLP San Diego, has joined Papyrus Therapeutics Inc. as an independent director of the Company's Board of Directors and as Chair of the Audit Committee. Beth has more than 27 years of experience in accounting, finance, management, business development, strategic planning and corporate governance...

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    13. Pressure for Shake Up Expected at Unilever as Activist Investor Buys Stake in Firm

      Pressure for Shake Up Expected at Unilever as Activist Investor Buys Stake in Firm

      Unilever is expected to face pressure to shake up its business model after it emerged the activist investor Nelson Peltz has built a stake in the troubled FTSE 100 company. The consumer goods company, best known for Dove soap, Hellmann’s mayonnaise and Marmite, has been thrown into turmoil after a £50bn tilt at GlaxoSmithKline’s consumer healthcare division caused fury among its shareholders...

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      Mentions: stake Unilever GSK
    14. Taylor Wimpey Shores Up Defences Against US Activist Investor

      Taylor Wimpey Shores Up Defences Against US Activist Investor

      Record house prices, cheap mortgages, a stamp duty holiday and the “race for space” during the pandemic have meant huge rewards for UK housebuilders, Taylor Wimpey included. In the first half of 2021, the UK’s third-largest housebuilder finished a record number of homes, returned to profit, and upgraded forecasts for the full year, the results for which it will publish in March...

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      Mentions: BHP Persimmon GSK
    1-24 of 116 1 2 3 4 5 »
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