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    1. PPG Appoints Anne M. Foulkes as Senior Vice President, General Counsel and Secretary

      PPG Appoints Anne M. Foulkes as Senior Vice President, General Counsel and Secretary

      PPG (NYSE:PPG) today announced the appointment of Anne M. Foulkes, currently vice president, associate general counsel and secretary, as senior vice president, general counsel and secretary, effective Aug. 1. She will immediately join the company’s operating and executive committees, reporting to PPG chairman and CEO, Michael H. McGarry...

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    2. Women Board Director Appointments Hit Record High

      Women Board Director Appointments Hit Record High

      CHICAGO, July 19, 2018 /PRNewswire/ -- In a significant shift from the previous year, women have made substantial progress in the boardroom, according to a new report from Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services globally...

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    3. Homebuilder Joins the One Percent of US Public Companies with Majority Female Boards

      Homebuilder Joins the One Percent of US Public Companies with Majority Female Boards

      SCOTTSDALE, Ariz., July 19, 2018 /PRNewswire/ -- National homebuilder and developer Taylor Morrison Home Corporation (NYSE: TMHC) today announced the appointment of veteran New York Times executive Denise Warren and former Banana Republic Global President Andrea (Andi) Owen to its board of directors, creating the first majority female board among public homebuilders...

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    4. How Well Does Agency Theory Explain Executive Compensation? by George-Levi Gayle, Chen Li, and Robert A. Miller

      How Well Does Agency Theory Explain Executive Compensation? by George-Levi Gayle, Chen Li, and Robert A. Miller

      As the share of all income going to the top 1 percent has risen over the past four decades, so has the share of top incomes coming from labor income relative to capital income. The rise in labor income is mainly due to the explosion in executive compensation over the same period—mostly because of the increase in executives being paid with stocks, options, and bonuses...

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    5. Thyssenkrupp: Investor Elliott Demands Appointment of New 'External' CEO

      Thyssenkrupp: Investor Elliott Demands Appointment of New 'External' CEO

      FRANKFURT (Reuters) - Thyssenkrupp should replace Guido Kerkhoff as chief executive with a new external candidate, activist investor Elliott Associates told the company's supervisory board. Kerkhoff was installed as acting chief executive following the resignation of Heinrich Hiesinger earlier this month. Kerkhoff is only an interim solution Elliott said in a letter sent to the company's supervisory board...

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    6. UK: Royal Mail Suffers Shareholder Defeat Over Directors’ Pay

      UK: Royal Mail Suffers Shareholder Defeat Over Directors’ Pay

      Royal Mail shareholders have voted against the firm’s plan for directors’ pay after a row over a salary rise for its new Zurich-based boss. The directors’ remuneration report (DRR) was rejected in a vote declared at its annual general meeting in Sheffield on Thursday, with 70% of proxy shareholders voting against the package...

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    7. The Lesson for Elon Musk? Don't Rely on Fan Club Directors | Nils Pratley | Business

      The Lesson for Elon Musk? Don't Rely on Fan Club Directors | Nils Pratley | Business

      Elon Musk has come to his senses and apologised for his ugly and baseless slur against a British cave explorer who played a key role in the rescue in Thailand. The Tesla founder couldn’t resist taking a final dig at Vernon Unsworth – he said the diver had told “several untruths and suggested I engage in a sexual act with the mini [submarine]” – but at least Musk acknowledged he has nobody to blame but himself. “The fault is mine and mine alone,” he said in a tweet...

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    8. Premier Foods Says Some Brands Could be Sold Ahead of Activist Showdown

      Premier Foods Says Some Brands Could be Sold Ahead of Activist Showdown

      The boss of Premier Foods has said it is open to selling off some brands ahead of a showdown with activist investor Oasis at the Mr Kipling maker’s annual meeting today. Oasis has called for investors to vote against the re-election of chief executive Gavin Darby after Premier sparked a furious row by opting not to sell off its fast-growing Batchelors brand , but last night Mr Darby told reporters he was open to divestments at the right price...

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    9. ThyssenKrupp Labour Union, Activist Investor Cevian Capital Call for Peace

      ThyssenKrupp Labour Union, Activist Investor Cevian Capital Call for Peace

      Thyssenkrupp AG’s labour unions and activist investor Cevian Capital said they should sit down to hash out plans for the company’s future after the shock resignation of chairman Ulrich Lehner. Talks could potentially bridge a contentious divide between investors, who believe ThyssenKrupp needs to streamline its businesses, and unions that want to safeguard jobs...

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