(Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance...
“The extension of our Board of Directors and the appointment of our COO mark the beginning of a new phase in the development of our business...
Some members of the board have grown alarmed by what they see as Mr. Musk’s erratic behavior, the New York Times reports...
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period. More The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period...
NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Amalgamated Bank announced today the appointment of Maryann Bruce and Patricia Diaz Dennis to its Board of Directors. This follows the Bank’s recent closing of its initial public offering, which took place on August 13, 2018. Ms. Diaz Dennis brings decades of corporate experience to Amalgamated’s Board of Directors. Ms. Diaz Dennis joined SBC Communications in 1995 as a Senior Vice President and Assistant General Counsel...
Musk publicly floated the possibility of a buyout last week, and the company has been offering updates and added context in the days since...
Activist investor Carl Icahn has reversed his position on US health insurer Cigna’s purchase of pharmaceutical subscription company Express Scripts...
Offerdahl brings more than 25 years of executive and board leadership ... currently serves on the advisory board for AI company CognitiveScale and ...
(Reuters) - Tesla Inc’s (TSLA.O) handling of Chief Executive Elon Musk's proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and sparked questions about how companies use social media...
MOORESTOWN, N.J.--(BUSINESS WIRE)-- Destination Maternity Corporation (NASDAQ: DEST) (the “Company”) today announced that it has appointed Andrea J. Funk to the Board of Directors (the “Board”), effective immediately. Ms. Funk brings over 20 years of public and private company leadership experience, with a focus on financial expertise, strategic operations, corporate governance and manufacturing...
Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...
(Bloomberg) -- Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments...
An activist Brookdale Senior Living shareholder last week took the company to task for blocking corporate governance changes and called for it to sell ...
... advising companies on contentious M&A transactions, proxy fights and corporate governance issues into one of the more well-known on Wall Street...
Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...
“I am honored to join Solaris' Board of Directors ,” said Ray Walker. “As a Solaris customer during my time with Range Resources, I have experienced ...
California is moving toward becoming the first state to require companies to have women on their boards –assuming the idea could survive a likely court challenge. Sparked by debates around fair pay, sexual harassment and workplace culture, two female state senators are spearheading a bill to promote greater gender representation in corporate decision-making...