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    1. Breaking News: Thyssenkrupp CEO Resigns After Activist Shareholder Pressure

      Breaking News:  Thyssenkrupp CEO Resigns After Activist Shareholder Pressure

      Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. “Today I informed the Supervisory Board that I would like to step down from my position,” Hiesinger said in a statement on Thursday. Hiesinger’s leadership at Thyssenkrupp had been marked by criticism for the company’s declining revenue, rising costs and a declining stock price...

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    2. Kay Ellen Consolver Joins Kumbaya Board of Directors

      Kay Ellen Consolver Joins Kumbaya Board of Directors

      Ms. Consolver brings global experience, and deep industry expertise and connections to help Kumbaya expand internationally to make an immediate impact on the alternative power sector Kumbaya ( www.Kumbaya.co ), the company bringing sustainable power, connectivity and content to off-grid communities globally, today announced the addition of Ms. Kay Ellen Consolver to its Board of Directors...

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    3. 'We Can't Just Ask Politely': California's Push for Gender Quotas on Company Boards

      'We Can't Just Ask Politely': California's Push for Gender Quotas on Company Boards

      In 2013, the California state senator Hanna-Beth Jackson made a certain amount of feminist history when she authored – and the legislature enacted – a first-in-the-nation resolution urging the state’s publicly held companies to appoint more women to their boards of directors. The resolution endorsed research finding that companies with women on their boards perform better than those without, and encouraged corporations to add at least one and as many as three women to their boardrooms...

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      Mentions: Google Uber Tesla
    4. Glacier Bancorp, Inc. Appoints Board Member

      Glacier Bancorp, Inc. Appoints Board Member

      (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.’s (NASDAQ:GBCI) Board of Directors, at a recent meeting announced the appointment of David C. Boyles as a Director of the Company, effective July 1, 2018. Boyles was appointed to the Company’s Audit, Compensation, Compliance, Nominating/Corporate Governance and Risk Oversight Committees. David Boyles is a banker with over 45 years of commercial banking experience...

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    5. Carl Icahn Said Unlikely to Lobby Dell to Sweeten VMware Deal

      Carl Icahn Said Unlikely to Lobby Dell to Sweeten VMware Deal

      A profit of about $200 million could be enough to get Carl Icahn to stop fighting Michael Dell. Icahn is unlikely to push Dell Technologies Inc. to sweeten its deal to buy back shares that track Dell’s interest in VMware Inc. VMW, -1.02% , after reaping a paper profit of around $200 million on the tracking stock and VMware’s publicly traded shares, according to people familiar with the matter...

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      Mentions: CEO Carl Icahn Dell
    6. Ad Agency IPG Plans to Buy Acxiom's Data-Marketing Division for $2.3 Billion

      Ad Agency IPG Plans to Buy Acxiom's Data-Marketing Division for $2.3 Billion
      • IPG plans to buy Acxiom's Marketing Solutions division for $2.3 billion.
      • The deal should help it create custom audiences for clients and target ads.
      • But the deal represents a risk for IPG, in part because its competitors may no longer want to work with Marketing Solutions after it becomes part of IPG.
      • What's left of Acxiom will rename itself after its LiveRamp division and move its headquarters...
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    7. Michael Dell will be the CEO of a Public Company Once Again, but it Means Giving up his Power to Never be Fired

      Michael Dell will be the CEO of a Public Company Once Again, but it Means Giving up his Power to Never be Fired
      • Michael Dell will once again be running a public company, thanks to a new financing deal with VMware.
      • As part of that deal, the billionaire CEO has given up something interesting: His ability to veto his own removal as CEO.
      • He's still basically impossible to remove as CEO, though, with 66% voting power over Dell...
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      Mentions: CEO IPO voting power
    8. Report: Academia Shares Views on Role of Board Director

      Report: Academia Shares Views on Role of Board Director

      PRNewswire/ -- Overall, directors may have too many professional commitments to serve productively on multiple corporate boards as their workloads continue to expand. At the same time, those directors need to focus on being a key steward of company culture. Those are just two of the many insights gleaned from The Conference Board Governance Center's new report , which details the role and expectations of corporate directors from the perspective of academic researchers...

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