1. Articles in category: BoardNews

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    1. NYSE's Betty Liu talks about corporate board diversity

      NYSE's Betty Liu talks about corporate board diversity

      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.

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    2. Carl Icahn is Reportedly Taking his Hedge Fund's Talents to Miami for Tax Reasons

      Carl Icahn is Reportedly Taking his Hedge Fund's Talents to Miami for Tax Reasons
      • Billionaire investor Carl Icahn is moving his New York hedge fund to Florida next year, according to a report from the New York Post.
      • The activist investor had been considering the move for the last couple of years, and he told the staff of Icahn Enterprises a few months ago that the Manhattan office would be closing at the end of March 2020.
      • Icahn is offering employees a $50,000 relocation benefit if they follow him to Florida...
      • Visit the Markets Insider homepage for more stories.
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      Mentions: Carl Icahn
    3. WeWork is Debating Whether to Take Power Away From Adam and Rebekah Neumann, its Husband and Wife Cofounders, to get its IPO Back on Track

      WeWork is Debating Whether to Take Power Away From Adam and Rebekah Neumann, its Husband and Wife Cofounders, to get its IPO Back on Track
      • WeWork is mulling whether to reduce CEO Adam Neumann's power to make its planned public offering more attractive to potential investors, The Financial Times reported.
      • The company and its advisors are considering whether to reduce Neumann's voting power from the 20 votes per share that he has now.
      • It's also debating whether to remove his wife, Rebekah Neumann, from her role in naming a successor to her husband if he dies or becomes debilitated...
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    4. Women Get Bigger Share of Board Seats

      Women Get Bigger Share of Board Seats

      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...

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      Mentions: Board Diversity
    5. Oracle CEO Takes Medical Leave; Company Grappled for Months Over Disclosure of Illness

      Oracle CEO Takes Medical Leave; Company Grappled for Months Over Disclosure of Illness

      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...

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      Mentions: Oracle
    6. Daseke Announces Rightsizing of its Board of Directors

      Daseke Announces Rightsizing of its Board of Directors

      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...

       

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    7. Tesla CEO Elon Musk Answers SolarCity Investors Who Say He Was a ‘Conflicted’ Fiduciary

      Tesla CEO Elon Musk Answers SolarCity Investors Who Say He Was a ‘Conflicted’ Fiduciary

      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...

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    8. Nissan Boss Quits as Carlos Ghosn Pay Scandal Deepens

      Nissan Boss Quits as Carlos Ghosn Pay Scandal Deepens

      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)...

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    9. Elliott Management Sends Letter to Board of Directors of AT&T

      Elliott Management Sends Letter to Board of Directors of AT&T

      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...

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    10. Nissan Board Set to Meet as It Faces a Leadership Crisis

      Nissan Board Set to Meet as It Faces a Leadership Crisis

      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...

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    11. Nissan CEO to Return Part of His Pay Following Audit

      Nissan CEO to Return Part of His Pay Following Audit

      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...

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    1-24 of 9710 1 2 3 4 ... 403 404 405 »
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