The battle between a nationwide retailer and an activist investor is headed to a shareholder vote that (if it goes the distance) could determine the fate of the $8.1 billion business. Of note: Kohl's shareholder letter highlighted the company's growth initiatives and financial wins and urged investors to vote for the Blue proxy card...
The court upheld Lee's decision to reject Alden's nomination of two directors to its board , Lee announced Tuesday. The judge ruled that Lee's ...
Cryptocurrency exchange Coinbase is adding Tobi Lütke, co-founder and CEO of ecommerce giant Shopify, to its board of directors, subject to final approval later this week...
An activist investor group that previously called on Activision Blizzard CEO Bobby Kotick to resign is now raising concerns about the executive’s golden parachute, should he exit the company. Why it matters: Microsoft’s plans to buy Activision Blizzard for $70 billion may alter the consequences coming to Kotick, who has led the company for three decades...
A rush of companies say they are putting their money where their mouth is. From McDonald's to Wells Fargo, a record number of big businesses say how they fare on a slew of goals — like diversity — will impact part of CEO pay. Why it matters: It's kicked into high gear in the past year, as companies try to signal they are serious about their role in improving society...
Eight members of GameStop's board of directors will leave the company after the gaming retailer's annual meeting in June, according to a new filing...
Being a CEO used to mean something very clear: You were the top dog, answerable only to the collective will of a board of directors. Today's CEOs, by contrast, are often deep down in the org chart, fireable by a boss who in turn is fireable by an even higher-up boss...