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    1. Irate Shareholders Force Nissan to Overhaul Board

      Irate Shareholders Force Nissan to Overhaul Board

      TOKYO-- Nissan Motor Co. shareholders voted to overhaul the company's board structure, a key goal of Chief Executive Hiroto Saikawa. Following a rowdy meeting where shareholders shouted at current board members, Nissan management and each other, the measure passed in large part due to the support of alliance partner Renault SA, which owns 43.4% of the Japanese company. Shareholders approved the creation of new board committees for executive compensation, audit matters and director nominations...

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    2. Shareholders Feel the Pain When Companies Take an Ethical Hit

      Shareholders Feel the Pain When Companies Take an Ethical Hit

      Carnival Corp. and its subsidiary Princess Cruise Lines was fined $20 million earlier this month by the U.S. Department of Justice for violating the terms of probation and dumping plastic and other waste overboard. The original transgression cost the company $40 million two years ago. The case points out, pardon the pun, how hard it is to “turn the ship around” when the ship is a large, multinational company...

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    3. Here’s One Powerful Way to Control CEO Pay

      Here’s One Powerful Way to Control CEO Pay

      Company shareholders are well-positioned to address income inequality by clamping down on sky high corporate pay, but new research says they’ll have to put their mouth where their money is. Shareholders — everyone from a retail investor with a 401(K) to asset management firms with vast pools of money — need the incentives and power to question exorbitant corporate pay in the companies where they invest money, according to a new paper from the Economic Policy Institute...

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    4. Legg Mason May Become Target of Activist Campaign to Boost Margins

      Legg Mason May Become Target of Activist Campaign to Boost Margins

      Trian Fund Management LP may wage an activist campaign at Legg Mason Inc. and push the money manager to improve its flagging results, according to people familiar with the matter.  Trian recently has held discussions with Legg Mason management about the need to cut costs and improve profit margins, the people said. The two sides may still negotiate a settlement that sidesteps a proxy fight, they added...

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    5. Bed Bath & Beyond's CEO 'steps down'

      Bed Bath & Beyond's CEO 'steps down'

      Bed Bath & Beyond Inc. BBBY, -1.93% said in a Monday announcement that Chief Executive Steven Temares is stepping down from his position and resigning from the board. He has been part of the company leadership since the company went public in 1992 and has been CEO since 2003. Mary Winston, a recent addition to the home retailer's board, has been appointed interim CEO. A committee will bring on an executive search firm to name a permanent replacement...

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    6. Acacia Research Completes Board Reconstitution, Appointing Isaac T. Kohlberg and Luis Rinaldini to Board of Directors

      Acacia Research Completes Board Reconstitution, Appointing Isaac T. Kohlberg and Luis Rinaldini to Board of Directors

      Acacia Research Corporation ACTG, -0.32% today announced it has appointed Isaac T. Kohlberg, Senior Associate Provost and Chief Technology Development Officer at Harvard University, and Luis Rinaldini, CEO of Groton Partners and former Vice Chairman and Global Head of Telecom Mergers & Acquisitions at Credit Suisse First Boston, to its Board of Directors (“Board”). These appointments complete the rebuilding of Acacia’s Board and bring its membership to six directors...

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    7. EQT Nominates Janet L. Carrig, James T. McManus II, and Valerie A. Mitchell to Board of Directors

      EQT Nominates Janet L. Carrig, James T. McManus II, and Valerie A. Mitchell to Board of Directors

      EQT Corporation EQT, -1.21% today filed its preliminary proxy statement and announced that its Board of Directors has nominated three new independent director candidates, Janet L. Carrig, James T. McManus II and Valerie A. Mitchell, to stand for election to its Board of Directors at the Company’s 2019 Annual Meeting of Shareholders on July 10, 2019...

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    8. Construction Partners, Inc. Adds Noreen E. Skelly to Board of Directors

      Construction Partners, Inc. Adds Noreen E. Skelly to Board of Directors

       (GLOBE NEWSWIRE via COMTEX) -- DOTHAN, Ala., April 30, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. ROAD, +3.56% (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that Noreen E. Skelly has been elected to the Company's board of directors and will serve as chairperson of the audit committee of the board...

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    9. Thomas J. Baltimore, Jr. and Steven L. Gerard Elected to AutoNation's Board of Directors

      Thomas J. Baltimore, Jr. and Steven L. Gerard Elected to AutoNation's Board of Directors

      FORT LAUDERDALE, Fla., April 26, 2019 /PRNewswire/ -- AutoNation, Inc. AN, +2.41% America's largest automotive retailer, today announced that its stockholders elected Thomas J. Baltimore, Jr. and Steven L. Gerard to AutoNation's Board of Directors at the 2019 Annual Meeting of Stockholders held on April 18, 2019...

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    10. JBT Announces the Appointment of Two New Directors

      JBT Announces the Appointment of Two New Directors

      CHICAGO, April 17, 2019 /PRNewswire/ -- JBT Corporation JBT, +0.99% , a leading global technology solutions provider to high-value segments of the food & beverage industry, announced today that it has increased the size of its Board of Directors to nine members and elected Barbara L. Brasier and Emmanuel Lagarrigue to the Board effective April 15, 2019...

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    11. Here’s One Way to Tell if a Company is Overpaying its CEO

      Here’s One Way to Tell if a Company is Overpaying its CEO

      U.S. companies that use nonstandard numbers to calculate executive compensation are overpaying their top managers, according to a new research report. The working paper, “High Non-GAAP Earnings Predict Abnormally High CEO Pay,” by Nicholas Guest of Cornell University’s Samuel Curtis Johnson Graduate School of Management and S.P...

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    12. iStar Nominates Richard Lieb to Join Board of Directors

      iStar Nominates Richard Lieb to Join Board of Directors

      PRNewswire/ -- iStar Inc. STAR, -1.28% announced today that its Board of Directors has nominated Richard Lieb for election as a Director at its 2019 Annual Meeting of Shareholders on May 16. All current Directors will stand for re-election with the exception of Dale Anne Reiss, a Director since 2008, who has decided not to stand for re-election and will continue to serve as Director until May 16, 2019...

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    13. Stamps.com Appoints Katie May to Board of Directors

      Stamps.com Appoints Katie May to Board of Directors

      Stamps.com® STMP, -0.05% the leading provider of postage online and shipping software, today announced the appointment of Katie May to its Board of Directors. As founder and chief executive of multiple successful start-ups, Mrs. May brings with her more than 20 years of experience building high-performing business models with disruptive technologies. She has a long track record of driving significant customer and revenue growth...

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    14. Insteel Industries Announces Addition Of Anne H. Lloyd To Its Board Of Directors

      Insteel Industries Announces Addition Of Anne H. Lloyd To Its Board Of Directors

      MOUNT AIRY, N.C., April 8, 2019 /PRNewswire/ -- Insteel Industries, Inc. (nasdaqgs:IIIN) today announced that Anne H. Lloyd has been appointed to its board of directors effective April 16, 2019. Ms. Lloyd will be replacing Charles B. Newsome, who retired from the Company effective February 12, 2019...

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    15. Avalon GloboCare Appoints Finance Veteran Yue ''Charles'' Li to the Board of Directors

      Avalon GloboCare Appoints Finance Veteran Yue ''Charles'' Li to the Board of Directors

      FREEHOLD, NJ / ACCESSWIRE / April 8, 2019 / Avalon GloboCare Corp.AVCO, -5.96% a leading global developer of innovative and transformative cell-based technologies and therapeutics, announced today the addition of Yue "Charles" Li to the Company's Board of Directors. Mr. Li qualifies as an independent director and will serve on the acquisition task force committee...

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    16. Ken Ludlum Appointed to IRIDEX Board of Directors

      Ken Ludlum Appointed to IRIDEX Board of Directors

       (GLOBE NEWSWIRE) -- IRIDEX Corporation IRIX, -2.17% a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, announced today that Ken Ludlum has been appointed to its Board of Directors, effective immediately. Ludlum with also serve on the Company's Compensation and Audit committees...

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    17. Rolls-Royce Shares Fall as ValueAct Cuts Stake

      Rolls-Royce Shares Fall as ValueAct Cuts Stake

      By Oliver Griffin Shares in Rolls-Royce Holdings PLC (RR.LN) fell Monday after activist investor ValueAct Capital Management LP cut its stake in the company by around 1.5%. ValueAct has sold 1.9 billion of its shares in Rolls-Royce. Shares at 0956 GMT were down 1.6% at 889.40 pence, valuing the 1.5% holding at around 254.1 million pounds ($335.5 million). The activist investor is the largest individual shareholder in Rolls-Royce and continues to hold a 9.5% stake in the company...

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      Mentions: Management KKR stake
    18. Inovio Appoints Global Commercial Leader to its Board of Directors

      Inovio Appoints Global Commercial Leader to its Board of Directors

      PLYMOUTH MEETING, Pa., March 25, 2019 /PRNewswire/ -- Inovio Pharmaceuticals, Inc. INO, -2.69% announced today the appointment of Dr. Ann C. Miller to its Board of Directors. Dr. Miller had an outstanding marketing career launching and building blockbuster products for Merck, Amgen, Eisai and Sanofi. While at Sanofi, she led the Sanofi Oncology Global Marketing function including its pipeline, launch, and life cycle management activities...

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    19. Bristol-Myers Squibb Board of Directors Sends Letter to Shareholders

      Bristol-Myers Squibb Board of Directors Sends Letter to Shareholders

      Bristol-Myers Squibb Company’s BMY, -1.55% Board of Directors today sent an open letter to the Company’s shareholders regarding the previously announced definitive merger agreement with Celgene Corporation CELG, -1.65% In addition to its March 19 investor presentation, the Company today also made available on Bristol-Myers Squibb’s website ...

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    20. Renovo Names Former General Motors Executive To Board of Directors

      Renovo Names Former General Motors Executive To Board of Directors

      CAMPBELL, Mar 25, 2019 (GLOBE NEWSWIRE via COMTEX) -- CAMPBELL, Calif., March 25, 2019 (GLOBE NEWSWIRE) -- Renovo, a global autonomous vehicle software company and creators of the AWare platform, today announced that Tony Posawatz, the President of Invictus iCAR LLC and former General Motors executive has been elected to the Renovo Board of Directors. Coming on the heels of recent expansion into Europe, the addition of Mr Posawatz to the Board Of Directors signals the strong momentum at Renovo...

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