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    1. Battle Brewing at DavidsTea Over Election to Company's Board of Directors

      Battle Brewing at DavidsTea Over Election to Company's Board of Directors

      MONTREAL — A battle is brewing at DavidsTea after the company's board of directors fought back against a co-founder's attempt to replace them with a dissident slate of nominees. The Montreal-based company said Thursday that Herschel Segal is trying to gain control of the board without paying a ...

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    2. Shareholders Amp Up Pressure on AMP Board

      Shareholders Amp Up Pressure on AMP Board

      Pressure is mounting on the AMP board as investors are lining up against the re-election of directors and the company’s proposed executive pay package at the annual general meeting next month. The Australian Shareholders’ Association is the latest to announce it plans to wield votes against the company at its May 10 meeting in the wake of damning evidence at the Hayne royal commission...

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    3. The Successful CEO's Secret Side Hustle: A Seat on Another Company's Board

      The Successful CEO's Secret Side Hustle: A Seat on Another Company's Board

      As an entrepreneur, you're busy, busy, busy . You have a company to run, employees to manage, and customers to satisfy . Yet I'm going to suggest that you make time to do something counterintuitive: help manage another business by joining a company's board . "It's connections. It's learning...

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    4. These are the 10 Tech Companies With the Most Diverse Boards

      These are the 10 Tech Companies With the Most Diverse Boards

      In the struggle to achieve representative boards, some companies are pulling ahead. For years, the tech industry has grappled with issues surrounding diversity and inclusion. And while there are still improvements to be made, a slew of companies — ranging from Stitch Fix to Slack — are welcoming more women and people of color into their board rooms...

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    5. Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      DUBLIN (Reuters) - Most of Allied Irish Banks’ (AIB) ( AIBG.I ) institutional shareholders backed a proposal to introduce a deferred share plan for senior executives that the government used its majority shareholding to block last week. Chief Executive Officer of Allied Irish Bank Bernard Byrne looks on at the Allied Irish Bank Annual General Meeting in Dublin, Ireland April 27, 2017...

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      Mentions: CEO crisis stake
    6. CNBC's Scott Wapner: Ackman's Bet Against Herbalife Was 'Dangerous'

      CNBC's Scott Wapner: Ackman's Bet Against Herbalife Was 'Dangerous'

      Legendary investor Bill Ackman made an incredibly risky move when he bet that nutrition giant Herbalife would be shut down by the government, CNBC's Scott Wapner said on Wednesday. Ackman had bet that he would make $1 billion in his short against the nutrition-selling company, accusing it of being a pyramid scheme. "It was a binary bet and it's dangerous. He was betting that the government was going to intervene and shut Herbalife down," Wapner told " Mad Money " host Jim Cramer...

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    7. Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      London-based activist investor Chris Hohn has built a roughly $3 billion stake in 21st Century Fox Inc., a position that makes him one of the largest holders of a media company at the center of a global takeover battle, according to people familiar with the matter. The investment places Mr. Hohn’s firm, TCI Fund Management, among Fox’s six largest shareholders, with more than 4% of the company’s shares. Mr....

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    8. LiveWorld: Appoints Seasoned Healthcare and Venture Capital Professionals to Board of Directors

      LiveWorld: Appoints Seasoned Healthcare and Venture Capital Professionals to Board of Directors

      Leading social customer experience company to expand its software and consulting service offerings for the healthcare industry LiveWorld, Inc. (OTC Markets: LVWD), the leading social customer experience company announced today the addition of Arthur A. Ushijima, CEO and President of The Queen’s Health Systems (Queen’s), Michael A...

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      Mentions: CEO Wells Fargo IBM
    9. NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid

      NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid
      • Comcast made official a £22 billion bid for Britain's Sky
      • 21st Century Fox, which owns 40% of Sky, has been trying to buy the remaining stake since the end of 2016 but has faced repeated regulatory hurdles.
      • Comcast's offer is a 16% premium to 21st Century Fox's most recent bid.
      • Sky's board withdraws their support for a Fox bid in response to Comcast offer...
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      Mentions: CEO Disney UK
    10. Wells Fargo, You're the Worst': Scenes from Testy Annual Meeting

      Wells Fargo, You're the Worst': Scenes from Testy Annual Meeting

      The rolling caravan of outrage at Wells Fargo rumbled into Iowa on Tuesday. Activists descended on the bank’s annual meeting in Des Moines to air a diverse set of grievances to CEO Tim Sloan and board chair Elizabeth “Betsy” Duke. They chastised Wells Fargo for its various consumer scandals, its use of arbitration to settle customer disputes, and its business ties to gun manufacturers, payday lenders, fossil fuel companies and private prison firms...

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    11. Citi Chairman Says all Options Open to Find his Replacement

      Citi Chairman Says all Options Open to Find his Replacement

      CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72. CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72...

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    12. Corporate Boards are Still Mostly White, Mostly Male - and Getting Even Older

      Corporate Boards are Still Mostly White, Mostly Male - and Getting Even Older

      Corporate America's boardrooms have long been criticized for being too old, too white and too male. But while the race and gender makeup of corporate boards have come under scrutiny in recent years -- with shareholders pushing companies to add women and minorities and the media calling out board homogeneity when companies try to tout equal pay -- the age part of the "old boy's club" stereotype has gotten far less attention...

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    13. LSE Directors Should Confront Management ‘Behavioral Issues’

      LSE Directors Should Confront Management ‘Behavioral Issues’

      London Stock Exchange Group Plc’s directors should be prepared to confront “behavioral and performance issues” among management, according to a review that absolved its board of blame in the acrimonious departure of former Chief Executive Officer Xavier Rolet. Rolet abruptly left LSE in November amid a battle between the 217-year-old bourse’s board and activist investor TCI Fund Management , which wanted Rolet’s contract extended and sought to oust Chairman Donald Brydon instead...

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    14. Activists to Take Center Stage as Annual Meetings Get Under Way

      Activists to Take Center Stage as Annual Meetings Get Under Way

      Investors who want to make sure executives deserve the big pay they got in last year’s bull market are set to descend on annual meetings in coming weeks to vote on compensation and elect directors. They’re also set to agitate for strategic moves and ensure companies have a handle on climate change, diversity and cybersecurity...

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    15. United CEO Rejects 2017 Bonus (Don’t Worry, He Still Made Nearly $10 Million)

      United CEO Rejects 2017 Bonus (Don’t Worry, He Still Made Nearly $10 Million)

      United In late 2015, Oscar Munoz was appointed as United’s CEO. Oscar Munoz was universally loved, including by employees and passengers, which is extremely rare. It seemed like he really wanted to change the airline for the better, and he made his motto “actions speak louder than words.” Unfortunately for Munoz, United has had a really rough time in 2017 and 2018, with seemingly more public relations nightmares than any other airline...

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    16. Wells Fargo : Directors Win Easily Despite Criticisms

      Wells Fargo : Directors Win Easily Despite Criticisms

      Wells Fargo & Co. re-elected all of its 12 board directors with more than 89% of preliminary votes, in a shift from the bank's chaotic shareholder meeting last year. Wells Fargo, which hosted the meeting in Des Moines, Iowa, near its mortgage-business headquarters, still heard complaints about Chief Executive Timothy Sloan, executive compensation and its relationship with the firearms industry during the 2 1/2 -hour-long meeting...

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    17. Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors

      Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors

      NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it has appointed Edmond N. Moriarty, III to its Board of Directors as an independent Class I Director, effective immediately. Mr. Moriarty's appointment expands the Board from eight to nine ...

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