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    1. BigRentz Appoints Jennifer Leuer to Board of Directors

      BigRentz Appoints Jennifer Leuer to Board of Directors

      IRVINE, Calif.--(BUSINESS WIRE)--BigRentz, the nation’s largest equipment rental network, today announced the appointment of Jennifer Leuer to its Board of Directors. Leuer is currently president of Experian Partner Solutions and has experience in a variety of operating roles across the online financial services and real estate transaction markets...

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    2. Elanco Animal Health (ELAN) Appoints Four New Members to Board of Directors

      Elanco Animal Health (ELAN) Appoints Four New Members to Board of Directors

      Elanco Animal Health Incorporated (NYSE: ELAN) today announced the appointment of four new members to the Board of Directors. The new members will serve on staggered terms, creating a nine-member Board. The Board was initially established in September 2018 when Elanco became a publicly traded company following its separation from Eli Lilly and Company. The appointments follow Lilly’s full divestiture of Elanco, making Elanco a fully independent company...

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    3. Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

      Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

      IBM's head honcho Ginni Rometty was paid $16.45m for running the company last year though this was dramatically lower than it could have been – the exec herself downgraded her final incentive score and the board agreed. According to a 2019 Notice of Annual Meeting & Proxy Statement this week filed with the Securities and Exchange Commission, IBM’s CEO, president and chairman could have made roughly 15 per cent more than she did...

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    4. TVA Chief Is Front-Runner for Bankrupt PG&E's Ceo Job

      TVA Chief Is Front-Runner for Bankrupt PG&E's Ceo Job

      (Bloomberg) -- The person to lead California utility giant PG&E Corp. out of the biggest utility bankruptcy in U.S. history may be Bill Johnson, the outgoing chief of the federally operated Tennessee Valley Authority. Johnson is PG&E’s top pick for chief executive officer, people familiar with the situation said, while cautioning that the company hasn’t made a final decision and is still discussing the potential hire...

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    5. Teekay Offshore Partners Announces Changes to Board of Directors

      Teekay Offshore Partners Announces Changes to Board of Directors

      HAMILTON, Bermuda, March 12, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), today announced the following changes to the Board of Directors of Teekay Offshore GP LLC (TOO GP), the general partner of the Partnership:

      • John J. Peacock, Director and Chairman of the Audit Committee, has retired from his positions effective March 11, 2019, after 13 years with the Partnership’s Board.
      • Mr. Peacock is being replaced by William L. (“Bill”) Transier...
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    6. HanesBrands Announces Board of Directors Leadership Succession Plan

      HanesBrands Announces Board of Directors Leadership Succession Plan

      WINSTON-SALEM, N.C.--(BUSINESS WIRE) -- HanesBrands (NYSE:HBI), a leading global basic apparel marketer, today announced that its Board of Directors has approved the appointment of Ronald L. Nelson as chairman of the board effective April 23, 2019, contingent upon his re-election to the board at the company’s annual shareholder meeting to be held that day...

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    7. MoviePass' Parent Company Admits Investors Can't Rely on Some of its Previous Financial Statements, and Says it Underestimated Losses

      MoviePass' Parent Company Admits Investors Can't Rely on Some of its Previous Financial Statements, and Says it Underestimated Losses
      • MoviePass' parent company, Helios and Matheson Analytics (HMNY), said in a filing with the Securities and Exchange Commission on Tuesday that its previously issued quarterly and year-to-date financial statements were not accurate.
      • The company said the errors related primarily to the "overstatement of subscription revenues" in the third quarter of 2018 for MoviePass.
      • The result was an underestimated net loss for HMNY of $6.6 million, the company estimated...
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      Mentions: Investors SEC Nasdaq
    8. Starboard "looking into" Hedge Fund Tactic to Tip Vote in Favor of Bristol-Myers/Celgene Tie-Up

      Starboard "looking into" Hedge Fund Tactic to Tip Vote in Favor of Bristol-Myers/Celgene Tie-Up

      Activist investor Starboard Value, an opponent of Bristol-Myers Squibb's ( BMY -0.5% ) $74B takeout of Celgene ( CELG -0.1% ), is investigating whether hedge funds are using a controversial stock-trading tactic to sway the vote in favor of the deal, turning their long positions in Celgene into big winners. The tactic, called "empty voting," involves buying shares strictly for voting purposes, then selling them afterward. Dan Loeb's Third Point and D.E...

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    9. Billionaire Icahn Increases Stake in Caesars Entertainment

      Billionaire Icahn Increases Stake in Caesars Entertainment

      LAS VEGAS — Activist investor Carl Icahn has upped his stake in casino giant Caesars Entertainment . The billionaire, who is seeking fundamental changes in the Las Vegas -based company, on Monday disclosed in a securities filing that recent stock purchases now put his stake at 17.75 per cent. The filing with the Securities and Exchange Commission shows Icahn-controlled hedge funds purchased 15 million shares for $126.75 million...

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