1. Articles in category: BoardNews

    73-96 of 9449 « 1 2 3 4 5 6 7 ... 392 393 394 »
    1. Boeing's CEO is Beefing up his Legal Team as it Braces for 737 Max Crash Lawsuits

      Boeing's CEO is Beefing up his Legal Team as it Braces for 737 Max Crash Lawsuits
      • Boeing CEO Dennis Muilenburg is getting a dedicated legal advisor.
      • Boeing has promoted general counsel and former federal judge J. Michael Luttig to the newly-created role of counselor and senior advisor to Muilenburg on Wednesday.
      • Luttig will be responsible for managing the legal issues stemming from the two fatal Boeing 737 Max crashes in Indonesia and Ethiopia...
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    2. The Compensation Committee Agenda for 2019

      The Compensation Committee Agenda for 2019

      Pearl Meyer’s annual “Top Five” publication provides a roadmap for boards that are seeking to get ahead of emerging issues. More than ever, we are seeing the compensation committee’s scope of influence expand, while much attention is being paid to how directors themselves are compensated. Measuring and rewarding performance—both financial and non-financial—based on the specific goals of each company continues to be a complicated endeavor. Meanwhile, decisions must be made within a complex and uncertain business and geopolitical environment...

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      Mentions: Investors ISS ESG
    3. BlackRock to Vote in Favor of Persimmon Pay Report

      BlackRock to Vote in Favor of Persimmon Pay Report

      (Reuters) - Persimmon looks set to avoid another backlash over executive pay after its largest shareholder BlackRock voted in support of the housebuilder's remuneration report, Sky News reported on Wednesday. The report said BlackRock has backed Persimmon's board ahead of an annual general meeting on Wednesday at which shareholders will vote on the remuneration report, which disclosed that new Chief Executive Dave Jenkinson was paid‎ almost 25 million pounds ($32.67 million) last year...

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    4. Apple’s $75-Billion Buyback Plan Fuels Debate

      Apple’s $75-Billion Buyback Plan Fuels Debate

      SAN FRANCISCO—Shortly after Apple used a new tax law last year to bring back most of the $252 billion (U.S.) it had held abroad, the company said it would buy back $100 billion of its stock. On Tuesday, Apple announced its plans for another major chunk of the money: It will buy back a further $75 billion in stock. Apple has announced its plans for another major chunk of the money: It will buy back a further $75 billion in stock...

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    5. Top Wall Street CEOs Keep Saying Their No. 1 Fear is a Cyberattack That'll Take Down the Financial System

      Top Wall Street CEOs Keep Saying Their No. 1 Fear is a Cyberattack That'll Take Down the Financial System
      • Financial-company CEOs are increasingly concerned about cyberattacks on the financial system.
      • David Hunt, head of investment management at Prudential, highlighted the risk at the Milken Institute Global Conference.
      • Other CEOs, including JPMorgan's Jamie Dimon, have suggested cyber attacks are a top risk.

      The CEOs of some of the top financial institutions in America are increasingly worried about the risk of a cybersecurity attack on the nation's financial system...

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    6. Anadarko Board Faces Scrutiny Amid $38 Billion Bidding

      Anadarko Board Faces Scrutiny Amid $38 Billion Bidding

      Anadarko Petroleum Corp.’s market value has soared 56 percent since a bidding war for the American shale driller kicked off two weeks ago. Yet the company’s directors have managed to step on the toes of almost every player involved. Follow Save Anadarko reopened talks with Occidental Petroleum Corp. on Monday after the board sided with investors who said the $38 billion offer was likely better than the agreed-upon deal with Chevron Corp...

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    7. AMC Networks President Josh Sapan’s Pay Slips 31% From Last Year

      AMC Networks President Josh Sapan’s Pay Slips 31% From Last Year

      AMC Networks first-quarter 2019 earnings will come later this week, but we now know what President and CEO Josh Sapan earned last year. The overseer of AMC, Sundance TV, IFC, BBC America, WE TV and all the rest made $20.5 million in 2018, down 31% from the prior year’s $29.6 million haul. Sapan’s salary remained the same as previous years’ at $2 million, so what gives?...

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    8. Boeing's CEO Survived a Shareholder Vote Seeking to Prevent Him From Also Being the Company's Board Chairman

      Boeing's CEO Survived a Shareholder Vote Seeking to Prevent Him From Also Being the Company's Board Chairman
      • A proposal that would have separated the CEO and board chairman roles at Boeing did not pass at the aerospace manufacturer's annual shareholder meeting on Monday.
      • Only 34% of voters supported the proposal, the company announced at the meeting, which was held in Chicago.
      • The proposal argued that an independent chairman would be better suited to helping the board develop long-term strategy while allowing CEO Dennis Muilenburg to focus on immediate concerns...
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      Mentions: plane Boeing Airlines
    9. Wynn (WYNN) Announces Proxy Advisory Firms ISS and Glass Lewis Support all Board of Directors' Proposals

      Wynn (WYNN) Announces Proxy Advisory Firms ISS and Glass Lewis Support all Board of Directors' Proposals

      Wynn Resorts (NASDAQ: WYNN) today announced that leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have recommended that the Company's shareholders vote FOR all of the Wynn Resorts Board's proposals at the Company's 2019 Annual Meeting of Shareholders to be held on May 7, 2019...

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    10. Investor Revolt at Bayer to Escalate After CEO Keeps His Job

      Investor Revolt at Bayer to Escalate After CEO Keeps His Job

      (Bloomberg) -- The shareholder rebellion at Bayer AG is poised to worsen after its supervisory board ignored an unprecedented no-confidence vote against the leadership of Chief Executive Officer Werner Baumann. Several top investors of the German chemicals and drugs giant are frustrated with directors’ decision to back Baumann and his strategy that led to the $63 billion takeover of Monsanto, according to people familiar with the matter...

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    11. Bombardier Looks to Scrap Exec Compensation Plan on Regulator’s Recommendation

      Bombardier Looks to Scrap Exec Compensation Plan on Regulator’s Recommendation

      MONTREAL — Bombardier Inc. said Friday it will follow the urging of Quebec’s financial market regulator and scrap a controversial executive compensation plan. The announcement followed a review by the Autorite des marches financiers that found the plane-and-train maker’s roll-out of its Automatic Stock Disposition Plan in August did not breach securities law, but likely incurred a negative perception...

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