NEW YORK, Oct. 3, 2017 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), an internally-managed net lease real estate investment trust, announced today that Margaret G. Lewis has been elected a director of the Company. Ms. Lewis currently serves as Chairman of the Federal Reserve Bank of Richmond and is a Director of Flowers Foods. She has also served on the boards of the Science Museum of Virginia, Virginia Hospital and Healthcare Association and Smithfield Foods, Inc...

The research compares board practices for non-mortgage REITs within the Russell 3000 Index to the other broader companies within the Index Ferguson Partners, Ltd ., a global professional services firm, and Board Governance Research , an independent research company, released today some industry-first research which does a deep dive into the current state of Board governance practices and demographics for publicly-traded REITs with revenues of over $100 million and are included in the Russell 3000 Index. The research – REIT Board Composition – compares these REITs Boards to the broader mix of companies within the Index. Ferguson Partners saw a strong market need for ...

Giant money managers voted against the re-election of Ronald Havner, Jr. in May to the board of a real-estate company...

Giant money managers voted against the re-election of Ronald Havner, Jr. in May to the board of a real-estate company. Their reason: He runs a different company and sits on two other boards. After about 56% of voting shares were cast against Mr. Havner remaining an AvalonBay Communities Inc. director, he said he would resign, an offer rejected by the rest of the AvalonBay board...

LONDON, UK / ACCESSWIRE / September 25, 2017 / The Company announced on September 22, 2017, that the Company's Board of Directors has elected Roger Farah as Chairman, effective October 02, 2017...

Perry Ellis International (NASDAQ:PERY) (“Perry Ellis” or the “Company”) today announced that its Board of Directors has elected J. David Scheiner (“David”) as Non-Executive Chairman. Mr. Scheiner succeeds George Feldenkreis, following the termination of Mr. Feldenkreis’ position as Executive Chairman. George Feldenkreis remains a member of the Board of Directors. These changes, which are part of a multi-year leadership succession planning process, are effective immediately...

Amy Chang got unusually frank feedback when the new director of Cisco Systems Inc. walked out of her first board meeting last December. Longtime board member Carol Bartz chided the then 39-year-old tech executive for apologizing when she posed questions during the meeting. "You have the right to ask questions," said Ms. Bartz, a Cisco director since 1996...

Qantas boss Alan Joyce has flown close to the top of the Australian executive pay league after nearly doubling his remuneration in the past financial year. Related: Executive pay: top bosses scoop average of $5.7m a year as bonus boom keeps on giving Joyce earned a total pay package of $24.6m in the 2016-17 year, the company’s annual report showed on Friday, nearly twice as much as the $12.96m he pocketed in the previous 12 months...

Activist investor Trian Partners on Wednesday released its long-awaited plan to jolt shares of Procter & Gamble Co ( >> Procter & Gamble Company ) , detailing changes intended to streamline and rejuvenate the maker of Crest toothpaste, Tide laundry detergent and Pampers diapers...

CINCINNATI -- Clayton Daley gave 35 years of his professional life to Procter & Gamble Co., rising to finance chief and then grooming his successor, Jon Moeller...

By Sharon Terlep and David Benoit CINCINNATI -- Clayton Daley gave 35 years of his professional life to Procter & Gamble Co., rising to finance chief and then grooming his successor, Jon Moeller. Now, the mentor and his former protégé are on opposing sides of a boardroom fight over how best to reinvigorate P&G, a consumer-products giant that at one time boasted brands in nearly every aisle of the supermarket...

Former General Electric CEO Jeffrey Immelt has taken himself out of the running to lead Uber as the ride-hailing giant seeks to overcome its ethical scandals and turn itself into a profitable business. Immelt announced Sunday on Twitter: "I have decided not to pursue a leadership position at Uber ." He added that he has "immense respect" for the company and its founders. Uber 's fractured eight-member board has been meeting this weekend to find a new leader...

Akzo Nobel does not have to let shareholders vote on whether to dismiss its chairman, a Dutch court ruled on Thursday, handing the paint company another victory in its battle with U.S. activist investor Elliott Advisors. Akzo Nobel ( >> AkzoNobel ) does not have to let shareholders vote on whether to dismiss its chairman, a Dutch court ruled on Thursday, handing the paint company another victory in its battle with U.S. activist investor Elliott Advisors...

Troubled Israeli drugmaker Teva Pharmaceutical Industries Ltd., which for months has been unsuccessfully searching for a new chief executive, may be forced to open its wallet wide to lure a candidate to help reverse its fortunes...

Procter & Gamble blasted Nelson Peltz's efforts to join the consumer goods conglomerate's board, saying the investor was not entitled to a seat and that he was being wrongly advised by people who were not in tune with the company's operations. P&G's salvo comes weeks after Peltz's Trian Fund Management sought a board seat for the activist investor at the company, making P&G the largest company ever to face a proxy battle...

Over the years when Procter & Gamble Co. wasn't able to sell more Tide or Pampers, the company could at least point to one clear success: a sweeping, $10 billion cost-cutting plan executed ahead of schedule...

Bank of New York Mellon Corp. named former Visa Inc. and J.P. Morgan Chase & Co. executive Charles Scharf as its chairman and chief executive, as the trust bank looks to jump-start growth and embrace the technological changes sweeping through the financial-services industry. Mr. Scharf, 52 years old, replaces Gerald Hassell. The 65-year-old Mr. Hassell will remain chairman at BNY Mellon until Dec. 31, when he will hand the title to Mr. Scharf...

Britain wants to loosen rules on listing state companies, a move that critics say is designed to help London win the lucrative IPO of Saudi Arabian oil giant Saudi Aramco but could weaken minority investor protection. The Financial Conduct Authority's proposals on Thursday would create a new listing category for companies controlled by sovereign states and come as exchanges around the world are vying to win the Aramco listing, which is expected to be the largest initial public offering (IPO) ever. But they met with criticism from British fund managers, who have already expressed concerns about Aramco's governance...

The settlement agreement includes a process to compensate customers for increased borrowing costs due to credit-score impact associated with a potentially unauthorized account. The process will be led by an independent expert hired by class counsel. Compensation will be paid if a customer's credit score dropped because of a potentially unauthorized account and the customer opened an authorized credit product with any lender within time periods specified in the agreement...

The International Brotherhood of Teamsters urged McKesson Corp's shareholders to vote against the company's executive pay practices and called for it to appoint an independent chairman as the union criticized the drug distributor for its role in the U.S. opioid drug epidemic...

More than a third of investors voting at Mylan NV annual meeting last week cast votes against Chairman Robert Coury's re-election as the generic drugmaker faced a shareholder campaign against its directors and executive pay packages. The generic drugmaker announced the vote totals from the meeting in a filing with regulators on Wednesday...

Loeb's Third Point fund takes $3.5 billion stake, calls for changes to boost share price...

Nestle SA, is being targeted by activist investor Daniel Loeb's hedge fund Third Point LLC, Bloomberg reported, citing people familiar with the matter. Loeb has recently bought a stake in the world's largest packaged foods maker as he seeks strategic changes in the company, Bloomberg said. Nestle said earlier this month that it may sell its $900 million-a-year U.S. confectionery business in the Swiss food group's latest effort to improve the health profile of its sprawling portfolio...

Renault-Nissan alliance bankers have drawn up plans designed to channel millions of euros in additional, undisclosed bonuses to Chairman Carlos Ghosn and other managers via a specially created service company, according to documents seen by Reuters...