The filing is a centerpiece of an agreement to settle thousands of cases against the company for its role in the opioids crises. But it is expected to be vigorously contested by a group of 26 states...
The world's largest stock exchange is stepping up to address a pressing challenge for its listed companies: recruiting more women and minorities to serve on their boards of directors." data-reactid="22">NEW YORK (AP) — The world's largest stock exchange is stepping up to address a pressing challenge for its listed companies: recruiting more women and minorities to serve on their boards of directors.
Helios and Matheson Analytics (HMNY) announced Friday that it will shut down MoviePass on Saturday.
The movie-ticket subscription service along with Moviefone and MoviePass Films, which are all owned by HMNY, will be up for sale, according to a press release...
NEW YORK — WeWork's parent company is revealing more of its initial public offering plans, saying it expects to list shares on the Nasdaq...
One-fifth of seats on a broad swath of public-company boards are now held by women, a sign of change as US corporations face increased pressure to diversify. The share of female board members in the Russell 3000 index, which includes most public companies on major US stock exchanges, increased to 20% in the second quarter of this year from 19% the previous quarter, according to Equilar, a governance-data firm. When Equilar began tracking the measure in late 2016, 15% of board seats were filled by women...
SAN FRANCISCO (BLOOMBERG) - Oracle Corp said chief executive officer Mark Hurd is taking a leave of absence for unspecified health-related reasons, disclosing the move along with quarterly earnings on Wednesday afternoon (Sept 11). The software company made the announcement a day earlier than the results were scheduled to be released, after Bloomberg News contacted Oracle in relation to a story about the executive's health...
NEW YORK--(BUSINESS WIRE)--. Nearly nine in ten private companies (87%) provide some form of compensation to eligible directors and nearly half ...
(Bloomberg) -- WeWork is considering major changes to governance to assuage investor concerns ahead of an initial public offering this month that’s even given pause to some of its own bankers, according to people with knowledge of the situation...
NEW YORK (AP) — Seven states and the District of Columbia have sued the Securities and Exchange Commission, saying the regulatory agency is putting investors in jeopardy by relaxing rules designed to ensure that securities brokers keep the interests of their customers ahead of their own...
Vintage Capital Management said it is disappointed by Red Robin Gourmet Burgers Inc.’s rejection of its takeover bid and called into question the “staggering” compensation package offered to newly appointed CEO Paul Murphy , the firm wrote late Tuesday in a regulatory filing...
General Electric informed Baker Hughes that it intends for its designee John Rice to remain on the Baker Hughes board of directors and asked for ...
ADDISON, Texas, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Daseke, Inc. (DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced the voluntary resignation of two board members, Ron Gafford and Mark Sinclair, effective September 5, 2019. The Board has approved a reduction in the size of the Board from 11 to 8 directors, effective September 9, 2019...
Board Believes that the Company Does Not Obtain Sufficient Benefit from its Listing on the Stock Exchange. Plan is Subject to Shareholder Approval...
Board member Heidar Engebret has given notice to SeaBird Exploration PLC of his resignation as a member of the board of directors of SeaBird. The company extends its gratitude to Mr Engebret for his services on the board of directors...
Tesla Chief Executive Officer Elon Musk said he was involved in some discussions about the $2.6 billion acquisition of SolarCity in 2016, though he recused himself from a board vote approving the initial offer.
Musk made the disclosure when he was questioned under oath by lawyers for pension and investment funds that claim he duped investors into backing the buyout of the solar-energy company that was founded by his cousins and where he was the chairman and largest shareholder...
Jack Ma, the Chinese entrepreneur who founded e-commerce giant Alibaba, stepped down as the company’s chairman today...
The boss of Nissan , Hiroto Saikawa, has quit after admitting he received dubious income, broadening a scandal that led to the arrest of his predecessor Carlos Ghosn last year on charges of financial misconduct. Nissan’s board said on Monday it has accepted Mr Saikawa’s resignation following allegations that he had been improperly overpaid by tens of millions of yen (hundreds of thousands of pounds)...
DALLAS--(BUSINESS WIRE)--. Our management team and Board of Directors maintain a regular and open dialogue with shareholders and will ...
Elliott Management Corporation (“Elliott”), which manages funds that collectively beneficially own $3.2 billion of AT&T Inc. (“AT&T” or the “Company”), today released a letter outlining a compelling value-creation opportunity at AT&T. The letter, addressed to the Company’s Board, noted that the opportunity could lead AT&T to a $60+ per share value by the end of 2021, representing a 65%+ upside to today’s share price...
Nissan’s board of directors is set to meet on Monday as the company’s top executive, Hiroto Saikawa, faces a widening crisis of confidence in his leadership. The board is expected to hear the results of a 10-month investigation into the company that was prompted by the arrest last November of Carlos Ghosn, its former chairman, who has since been charged with underreporting his compensation as well as other financial impropriety, allegations that he denies...
Since then, Nissan's corporate governance has come under intense scrutiny, forcing the automaker to bring in more independent directors and ...
Nissan Motor Co. Chief Executive Hiroto Saikawa on Thursday said he will return a portion of his performance-based pay, after Nissan auditors found that the amount was too high. The pay was in the form of stock appreciation rights, a cash payment linked to the increase in the price of the company’s shares over a period of time. Mr. Saikawa received a higher payment than he was entitled to, because the execution date of those rights was changed to a date when the share price was higher...