1. Articles in category: BoardNews

    25-48 of 8134 « 1 2 3 4 5 ... 337 338 339 »
    1. Elliott Management Pushes for Overhaul of Sempra Energy

      Elliott Management Pushes for Overhaul of Sempra Energy

      REUTERS Less than one year after nudging Sempra Energy into its largest acquisition ever , activist investor Paul Singer is urging the San Diego-based company to burn some fat. Singer’s Elliott Management, working alongside energy investment firm Blue­scape Resources, is pushing Sempra to replace six members of its 14-person board, according to a presentation the two released Monday...

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    2. Activist Clearwater Capital Pushes for Strategic Review at AutoCanada

      Activist Clearwater Capital Pushes for Strategic Review at AutoCanada

      TORONTO - An activist investor wants AutoCanada Inc. to launch a strategic review to explore options for the auto dealership group including a possible sale. In an open letter to the chairman of AutoCanada, Clearwater Capital Management president Roland Keiper raised concerns about how the company has been performing and suggested AutoCanada may be an attractive acquisition target...

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    3. U.K. Firms Must Justify Executive Pay Gaps Under Government Plan

      U.K. Firms Must Justify Executive Pay Gaps Under Government Plan

      (Bloomberg) -- Large companies listed in the U.K. will have to explain the pay gap between bosses and employees under government plans to be submitted to Parliament on Monday. Firms with more than 250 staff on their books will have to publish and justify the difference in pay between chief executives and workers and will have to detail how directors are acting in the interests of both employees and shareholders, the Department for Business, Energy and Industrial Strategy said...

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    4. Netflix Shareholders Raise Governance Issues At Annual Meeting

      Netflix Shareholders Raise Governance Issues At Annual Meeting

      Investors supported a number of stockholder proposals that would give investors a role in the nomination of directors and the ability to make changes with a simple majority vote. “The voice of shareholders is being ignored and has been ignored for many years,” said James McRitchie, publisher of a popular corporate governance portal CorpGov.Net. “Once again, let’s send a message to the board...

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    5. Norway's $1 Trillion Wealth Fund Wants Elon Musk Out as Chairman of Tesla

      Norway's $1 Trillion Wealth Fund Wants Elon Musk Out as Chairman of Tesla
      • Norway's $1 trillion wealth fund said on Wednesday it had backed an initiative to wrest the role of chairman away from Tesla Chief Executive Elon Musk.
      • The proposal, which was defeated in a vote at Tesla's annual meeting of stockholders on Tuesday, represented the strongest challenge yet to Musk's grip on the Silicon Valley car company...
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    6. Tesla Board Overcomes Critics as Investors Back Musk, Directors

      Tesla Board Overcomes Critics as Investors Back Musk, Directors

      (Bloomberg) -- Tesla Inc. shareholders sided with its besieged board by defeating a proposal to require that the chairman be an independent director and approving the re-election of three directors criticized by an activist investor group. Shareholders sided with the board’s recommendations on all agenda items, Todd Maron, Tesla’s general counsel, said during the company’s annual meeting Tuesday in Mountain View, California...

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    7. BREAKING NEWS: Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      BREAKING NEWS:  Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      Tesla shareholders voted to maintain Elon Musk’s role as chairman of Tesla’s board during the company’s annual shareholder meeting in Mountain View, Calif., Tuesday despite a controversial proposal to strip him of that position. The vote of confidence is a major boon for Tesla’s embattled chief executive and founder, but arrives six months into what is...

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    8. Google Is Pushed to Tie Executive Pay to Progress on Diversity

      Google Is Pushed to Tie Executive Pay to Progress on Diversity

      Larry Page and Sergey Brin have more than half the voting power. In opposing the plan, the company said in a filing that it won’t "enhance Alphabet’s existing commitment to corporate sustainability," noting that Page collects a salary of just $1. A spokeswoman said the firm had no further comment beyond the statement in the filing. Proxy advisers Institutional Shareholder Services Inc. and Glass Lewis & Co. are split...

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    25-48 of 8134 « 1 2 3 4 5 ... 337 338 339 »
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