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    1. Breaking News: Renault Keeps Carlos Ghosn at Wheel After Probe Finds No Pay Wrongdoing

      Breaking News:  Renault Keeps Carlos Ghosn at Wheel After Probe Finds No Pay Wrongdoing

      A Renault SA probe found that jailed Chief Executive Officer Carlos Ghosn’s compensation at the French carmaker complied with French law, sending another signal of the division with its alliance partner Nissan Motors Co. A preliminary review of the years between 2015 and 2018 found nothing amiss on pay to the executive, who was indicted in Japan for understating his income, Renault said in a statement Thursday...

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    2. Detour Gold: CEO Steps Down After Shareholders Side With Paulson in Proxy Vote

      Detour Gold: CEO Steps Down After Shareholders Side With Paulson in Proxy Vote

      TORONTO — Detour Gold Corp. says interim CEO Michael Kenyon has resigned following a vote that saw shareholders side with activist investor Paulson & Co. Inc. in a extended proxy battle. The vote saw five Paulson-nominated directors approved, including two who had also been endorsed by Detour, as well as four others from the slate put forth by Detour...

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    3. Activist Investor Elliott Faces Hostility Over Pernod Ricard Stake

      Activist Investor Elliott Faces Hostility Over Pernod Ricard Stake

      Current and former chief executives of mining giant BHP, Dulux paints maker Akzo Nobel (Amsterdam: AKZA.AS - news ) , electronics group Samsung and the consumer goods group Nestlé will know exactly how Alexandre Ricard feels today. All have been targeted in the recent past by Elliott Advisors, the aggressive US activist investor, which on Wednesday announced it had built a stake of more than 2.5% in Pernod Ricard (TLO: RI-U.TI - news ) - the French drinks giant behind The Glenlivet scotch whisky, Jameson Irish whiskey, Ballantine's scotch whisky, Beefeater gin, Martell cognac and Kahlua liqueur - where he is chairman and......

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    4. Arrow Electronics Names Laurel J. Krzeminski as a New Director to Its Board

      Arrow Electronics Names Laurel J. Krzeminski as a New Director to Its Board

      CENTENNIAL, Colo. -- Arrow Electronics, Inc. (NYSE:ARW) announced that Laurel J. Krzeminski, retired executive vice president and chief financial officer of Granite Construction Incorporated, has been appointed to the company's board of directors. The addition of Ms. Krzeminski will increase the total number of directors on the board to ten...

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    5. Sarepta Therapeutics Appoints Mary Ann Gray, Ph.D., to its Board of Directors

      Sarepta Therapeutics Appoints Mary Ann Gray, Ph.D., to its Board of Directors

      (GLOBE NEWSWIRE) -- Sarepta Therapeutics, Inc. the leader in precision genetic medicine for rare diseases, announced today that it appointed Mary Ann Gray, Ph.D., to its Board of Directors. Dr. Gray has more than three decades of biotechnology and healthcare experience, with a track record of successfully guiding high-potential companies evolve to their next stage of growth. She will serve as a member of both Sarepta's Compensation and Nominating and Corporate Governance Committees...

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    6. Board Pay Reaches a Quarter Million Dollars

      Board Pay Reaches a Quarter Million Dollars

      For the fifth consecutive year, the median annual retainer given to directors increased, topping out at $250,000 in 2017, according to the new Equilar Director Pay Trends report, which features independent commentary from Meridian Compensation Partners.

      From 2013 to 2017—the five years included in the study—median annual retainers increased by $35,000, or 16.3%....

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    7. Filing of a Securities Class Action on Behalf of Nissan Motor Co., Ltd. Investors (NSANY)

      Filing of a Securities Class Action on Behalf of Nissan Motor Co., Ltd. Investors (NSANY)

      LOS ANGELES- Glancy Prongay & Murray LLP (“GPM”), a global investors rights law firm, announces that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired Nissan Motor Co., Ltd. (“Nissan” or the “Company”) (OTC: NSANY ) securities between December 10, 2013 and November 16, 2018 , inclusive (the “Class Period”). Nissan investors have until February 8, 2019 to file a lead plaintiff motion...

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    8. Jonathan Bush: Running a Company with an Activist Investor is Like Having a 'Gun to Your Head'

      Jonathan Bush: Running a Company with an Activist Investor is Like Having a 'Gun to Your Head'

      Athenahealth co-founder and former CEO Jonathan Bush called out activist investment firm Elliott Management for its role in influencing the sale of the company during an interview with CNBC 's "Squawk on the Street" Dec. 12. In May 2017, about a year before athenahealth's decision to sell itself, Elliott purchased a 9.2 percent stake in the company...

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    9. Dollar Tree Appoints Thomas W. Dickson to Its Board of Directors

      Dollar Tree Appoints Thomas W. Dickson to Its Board of Directors

      Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores, announced today that Thomas W. “Tad” Dickson has been appointed as a new independent director to the Company’s board, effective January 1, 2019. Mr. Dickson’s appointment is to fill the vacancy created by the previously announced retirement of Mary Anne Citrino as a director, effective December 31, 2018...

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    10. A Wall Street Shop That Called Facebook and Snap's Troubles is Out with its 2019 Predictions

      A Wall Street Shop That Called Facebook and Snap's Troubles is Out with its 2019 Predictions
      • Pivotal Research Group, a small research firm that called troubles for Facebook and Snap early on, just released its media, internet, and communications predictions for the coming year.
      • Among the analysts' forecasts are "material" management changes at Facebook and "another ugly year" for satellite television...
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    11. Credit Suisse Ends Restructuring with Plan for up to $3 Billion Share Buyback

      Credit Suisse Ends Restructuring with Plan for up to $3 Billion Share Buyback

      ZURICH (Reuters) - Credit Suisse plans to buy back 2 to 3 billion Swiss francs ($2-3 billion) of shares over the next two years and raise its dividend, voicing confidence that its strategy is working after a painful three-year restructuring. Switzerland's second-biggest bank confirmed commitments to distribute half of net profit to shareholders, mainly through buybacks or special dividends, offering a sweetener to investors who have had to stomach hefty share price declines during Chief Executive Tidjane Thiam's three-and-a-half-year tenure. By focusing on managing assets for the world's wealthy, particularly the very richest and entrepreneurs in Asia, Credit ...

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    12. Australia: Shareholders are Hell-Bent on Punishing and it's Making Boards Nervous

      Australia:  Shareholders are Hell-Bent on Punishing and it's Making Boards Nervous

      Company boards are nervous. Four years ago it was rare to see much support for a shareholder strike vote about executive pay. Fast forward to today, shareholders have developed a real taste for it. Shareholders delivering strikes vote against remuneration reports have morphed into a broader protest vote aimed at anything from poor financial performance and a sagging share price to behavioural and social issues...

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    13. Elliott Says it Takes Position in Pernod Ricard

      Elliott Says it Takes Position in Pernod Ricard

      Elliott Management Corp. said Wednesday that it holds an interest of more than 2.5% in Pernod Ricard SA (RI.FR) and is recommending changes to generate value for stakeholders. The U.S. activist fund said there is significant potential for improving the French company, and recommends launching a "more ambitious operational-improvement plan" that will help Pernod catch up to peers in profitability, along with making changes to its corporate governance...

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    14. Talent, Digital Disruption Among Top Areas for Board Focus in 2019

      Talent, Digital Disruption Among Top Areas for Board Focus in 2019

      NEW YORK , Dec. Talent in the boardroom and throughout the organization, along with understanding the potential impact of disruptive risks posed by advances in digital technologies, will be critical areas of focus for boards as they guide their companies forward, according to U.S. audit, tax and advisory firm KPMG LLP's Board Leadership Center (BLC)...

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    15. UK: McAdam to Retire as Rentokil and United Utilities Chair

      UK:  McAdam to Retire as Rentokil and United Utilities Chair

      Two FTSE-100 companies with a combined market value of almost £11bn are kicking off the search for new chairs as John McAdam, the veteran industrialist, prepares to step down after more than a decade at the helm. Sky News has learnt that both Rentokil, the pest control and facilities management group, and United Utilities (LSE: UU.L - news ) , the water company, have begun hunting successors to Mr McAdam, who joined both companies in 2008...

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