Board oversight of significant company risk areas and legal compliance deserves renewed attention, as the Delaware Supreme Court recently ruled that monitoring practices that have previously been considered acceptable may constitute a breach of fiduciary duty which could expose directors to personal liability...
The activist investors are on the tarmac at Emerson Electric Co. D.E. Shaw Group on Tuesday released a letter calling for the $42 billion industrial company to spin off its climate division and make productivity and corporate-governance improvements, including culling its fleet of eight corporate jets and a helicopter. The public pressure follows reports late last month that D.E. Shaw was seeking a breakup of the company and Emerson’s subsequent announcement that it would review its operations....
With the appointment, the Company's Board of Directors consists of ten members, including nine independent directors and one current member of ...
The CEO of one of the state's largest utilities has been appointed to Benton Harbor-based Whirlpool Corp.'s board of directors...
NEW YORK, Oct. 15, 2019 /PRNewswire/ -- Wild Things, LLC ("Wild Things" or the "Company"), an ASGARD Partners & Co. ("ASGARD") portfolio company, today announced that Admiral Scott Moore has joined its Board of Directors...
PG&E Corporation (PCG) today announced the election of Bill Smith and John Woolard to its Board of Directors...
Leading Enterprise Artificial Intelligence ® provider, Noodle.ai, announced the appointment of Betsey Nelson to the company's Board of Directors ...
Successful healthcare entrepreneur and industry executive uniquely positioned to help activate growth and scale. PHILADELPHIA, Oct. 15, 2019 ...
WEST PALM BEACH, Fla., Oct. 15, 2019 /PRNewswire/ -- Bravado Health today announced that Christopher Lazzara has joined the company's board ...
David Beaulieu has joined the board of directors of Beacon Healthcare Systems, home to the healthcare industry’s leading compliance and risk management technologies...
SAN DIEGO, Oct. 15, 2019 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company focused on developing best-in-class, oral therapies for the treatment of chronic inflammatory and autoimmune diseases, today announced the appointment of Tamar Howson, a highly seasoned life sciences executive, to its Board of Directors...
Between new partnerships and expanding into the mortgage lending business with the launch of Opendoor Home Loans, Opendoor has seen quite a few changes in the past few months. That trend continues for the iBuyer, as its CEO and co-founder, Eric Wu, announced the addition of new leaders to the executive team and board of directors...
Telstra chairman John Mullen has delivered a remarkable spray at critics of chief executive Andy Penn's $5 million-a-year pay packet, arguing kids playing popular video game Fortnite, social media influencers and professional athletes are paid similar sums of money...
There are few events as significant for the board of directors as the decision to sell the company. Whether public, family-owned or PE-backed, the sale ...
People disagree, for example, on such basic matters as the purpose of the corporation, the role of corporate boards of directors , the rights of ...
Voce Capital Management LLC ("Voce"), the beneficial owner of approximately 5.4% of the shares of Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "Company"), today commented on Argo's recent disclosure of an ongoing Securities and Exchange Commission ("SEC ( News - Alert )") investigation at Argo related to executive compensation and benefits and associated disclosure issues: "Earlier this year Voce published a detailed case demonstrating that a culture of indulgence, entrenchment and failed oversight has plagued Argo under the aegis of the ...
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...
“He will be a great addition to Sonoco's Board of Directors as he brings an abundance of senior executive leadership along with a depth of technical ...
The rumbling started last August when the Business Roundtable announced that a company’s responsibility is more than just to its shareholders. Companies actually hold a responsibility to their respective communities as well, this group of corporate chieftains acknowledged. The declaration elicited both praise and condemnation. Among the most cynical reactions was to call the statement “yogababble,” which is a snarky way of questioning purpose-driven terms and language.
NEW YORK--(BUSINESS WIRE)--Hudson Executive Capital LP (“Hudson Executive” or “HEC”), a New York-based investment firm that beneficially owns approximately 16% of USA Technologies, Inc. (“USAT” or the “Company”) (OTC: USAT) common stock, today issued a letter to shareholders highlighting the USAT Board of Directors’ numerous value-destructive actions and lack of management qualifications or accountability...
PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Energy (NRG) today announced changes to its Board of Directors, including the appointment of two new independent directors: Antonio Carrillo and Alexandra Pruner, effective October 15, 2019. In addition, Bill Hantke will be retiring at the end of 2019 and Terry Dallas will not be standing for re-election at the Company’s 2020 Annual Meeting of Stockholders..
Just the appearance of a conflict of interest can jolt a candidacy - and your company's board...
He plans to resign from the BHR board of directors on or by Oct. 31, his lawyer said in a statement...