1. Articles in category: BoardNews

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    1. Zendesk Nears Agreement With Group Led by H&F, Permira

      Zendesk Nears Agreement With Group Led by H&F, Permira

      (Bloomberg) — Software maker Zendesk Inc. is close to reaching a deal to be acquired by a group of buyout firms led by Hellman & Friedman and Permira, said a person familiar with the matter. Most Read from Bloomberg An agreement could be announced as soon as Friday, said the person, who asked not to be identified because the information was private. The talks come after Zendesk said earlier this month that it would remain independent after failing to find a potential buyer...

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    2. Mastercard Shareholders Reject Four Proposals at Annual Meeting

      Mastercard Shareholders Reject Four Proposals at Annual Meeting

      Mastercard shareholders voted against four investor proposals at its annual meeting Tuesday, including demands for greater scrutiny over how the credit card giant gives to charities and enables ghost gun purchases. The decisions put Mastercard in company with other public financial behemoths that resisted recent activist shareholder efforts targeting environmental, social and governance issues...

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    3. U.S. Companies Promised More Racial Diversity Equity in the Workplace. How are They Doing Now?

      U.S. Companies Promised More Racial Diversity Equity in the Workplace. How are They Doing Now?

      Two years since Corporate America’s $50 billion promise to advance diversity, equity, and inclusion (DEI), the question on many people’s minds is whether companies have actually made progress toward their commitments. Have we seen noteworthy changes demonstrating impact ? Americans are looking for action. New survey research by JUST Capital and SSRS shows that 92% of Americans believe it is important for companies to promote racial diversity and equity in the workplace...

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    4. Abigail Disney Reportedly Wants to Challenge CEO Bob Chapek’s Salary

      Abigail Disney Reportedly Wants to Challenge CEO Bob Chapek’s Salary

      Abigail Disney, a vocal critic of Mouse House’s heiress, is reportedly attempting to settle a shareholder challenge of Disney boss Bob Chapek’s $32.5 million payday. Disney, which has pegged its personal wealth at $120 million, is “quietly loving” institutional investors to challenge Chapek’s compensation at the company’s next shareholder meeting, The Wrap reported, citing multiple sources familiar with the matter...

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    5. DocuSign Board of Directors Announces Leadership Changes for Next Phase of Growth

      DocuSign Board of Directors Announces Leadership Changes for Next Phase of Growth

      DocuSign (NASDAQ:DOCU) announced today that Dan Springer has agreed to step aside as Chief Executive Officer. Effective immediately, Chairman of the Board Mary Agnes "Maggie" Wilderotter is appointed interim CEO to help the senior executive team drive improved execution in all phases of the company's business...

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    6. Zendesk Stock Rises on Report of Settlement Talks With Activist Jana

      Zendesk Stock Rises on Report of Settlement Talks With Activist Jana

      Zendesk shares rose after a report from The Wall Street Journal said the provider of cloud-based customer-service software was in settlement talks with activist investor Jana Partners that could include the departure of the company’s chief executive. The talks come after Zendesk (ticker: ZEN) said last week it plans to continue on as an independent public company after not finding a buyer...

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    7. Costco Sued By Shareholders for Systematic Neglect of Chickens

      Costco Sued By Shareholders for Systematic Neglect of Chickens

      On Monday, two Costco shareholders filed a shareholder derivative complaint in the Superior Court of the State of Washington In and For King County – Seattle Division against the Costco Wholesale Corporation and its directors and officers for allegedly violating animal neglect laws through their inhumane cultivation of chickens...

       

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    8. FedEx Shakes Up Board in Deal With Activist

      FedEx Shakes Up Board in Deal With Activist

      FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new Chief Executive Officer Raj Subramaniam. The quarterly dividend will jump 53 per cent to US$1.15 per share, the Memphis, Tennessee-based company said Tuesday in a statement. That’s well above the 87-cent prediction by Bloomberg analytics...

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    9. Aerojet Rocketdyne Executive Chairman Warren Lichtenstein Sends Letter to Fellow Shareholders Regarding Critical Vote at June 30th Special Meeting

      Aerojet Rocketdyne Executive Chairman Warren Lichtenstein Sends Letter to Fellow Shareholders Regarding Critical Vote at June 30th Special Meeting

      Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (“Aerojet Rocketdyne” or the “Company”) Executive Chairman Warren Lichtenstein, who collectively with his affiliates and the participants in his solicitation owns approximately 5.6% of the Company's outstanding shares, today sent the below letter to shareholders in connection with a special meeting of shareholders (the “Special Meeting”) scheduled to be held on June 30, 2022...

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