1. Articles from bnn.ca

  2. 1-9 of 9
    1. Activist Slams Crescent Point Energy, Seeks Board Seats

      Activist Slams Crescent Point Energy, Seeks Board Seats

      Crescent Point Energy is being targeted by an activist investor that's lambasting the company's management and threatening to wage a proxy fight. Cation Capital went public with its grievances early Monday, saying it plans to nominate four candidates for Crescent Point's board of directors at the company's annual meeting next month...

      Read Full Article
    2. Ackman Vows to End Three Years of Underperformance

      Ackman Vows to End Three Years of Underperformance

      Billionaire investor Bill Ackman pledged to end three years of underperformance at Pershing Square Holdings Ltd., calling recent returns “particularly unsatisfactory” at a time when markets globally have been buoyant. Pershing Square Holdings’s management company has been restructuring into a smaller, investment-centric organization whose future asset growth will be driven by results, Ackman wrote in a letter to investors...

      Read Full Article
    3. Bombardier Executive Pay Rises to US$33.4M in 2017

      Bombardier Executive Pay Rises to US$33.4M in 2017

      MONTREAL -- Bombardier's executive compensation rose seven per cent to US$33.4 million in 2017, according to a circular released ahead of the company's May 3 annual meeting. The increase comes after a year marked by improved results, but also by the Airbus takeover of the C Series program without the company having to pay a single cent...

      Read Full Article
    4. Valeant CEO Papa says Drugmaker has 'Turnaround Opportunity of a Lifetime'

      Valeant CEO Papa says Drugmaker has 'Turnaround Opportunity of a Lifetime'

      (Bloomberg) -- Valeant Pharmaceuticals International Inc. became a household name with its historic rise and fall. Reviving the drugmaker is proving a unique challenge. “This is a turnaround opportunity of a lifetime,” Chief Executive Officer Joseph Papa, who took over in May 2016, said during a presentation Wednesday at the J.P. Morgan Healthcare Conference in San Francisco...

      Read Full Article
    5. Nestle Plans US$20.8B Share Buyback after Third Point Pressure

      Nestle Plans US$20.8B Share Buyback after Third Point Pressure

      Nestle plans to buy back as much as 20 billion Swiss francs (US$20.79 billion) worth of shares by June 2020, the Swiss food giant said on Tuesday as it responds to pressure brought by U.S. activist shareholder Third Point LLC. The New York-based hedge fund, controlled by billionaire investor Daniel Loeb, disclosed a US$3.5 billion stake in the company on Sunday and is pushing for Nestle to more aggressively boost performance...

      Read Full Article
      Mentions: Hedge Fund CEO
    6. 'It's insufficient': Bombardier CEO Asks Board to Defer Executive Pay Raises Amid Public Outcry

      'It's insufficient': Bombardier CEO Asks Board to Defer Executive Pay Raises Amid Public Outcry

      MONTREAL -- Bombardier further retreated Sunday on a hefty pay increase to six senior executives, announcing they would defer receiving payment on a sizeable chunk until a later time. A statement from company President and CEO Alain Bellemare late Sunday said he has asked the transportation giant's board of directors to defer more than half of the US$32.6 million the executives received in compensation in 2016 until 2020...

      Read Full Article
    1-9 of 9
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content