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    1. Icahn calls for new leadership at Xerox

      Icahn calls for new leadership at Xerox

      Icahn calls for new leadership at Xerox close breaking news Business Icahn calls for new leadership at Xerox Activist investor Carl Icahn on Tuesday called for new leadership at Xerox Corp , the maker of printers and copiers, a day after he named four nominees to the company's board of directors. FILE PHOTO: The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. REUTERS/Vasily Fedosenko/File Photo 2 related media assets (image or videos) available.

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    2. VEON Names Former Xerox CEO Ursula Burns as Chairwoman

      VEON Names Former Xerox CEO Ursula Burns as Chairwoman

      FRANKFURT: VEON named former Xerox chief Ursula Burns as its chairwoman on Monday, as the telecoms operator undertakes corporate governance reforms and a makeover as a global online services company. Alexey Reznikovich, VEON's long-serving chairman, will remain on the board as a representative of LetterOne Investment, the company formerly known as VimpelCom said...

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    3. Activist Jana Cashes out of Whole Foods Following Amazon Deal

      Activist Jana Cashes out of Whole Foods Following Amazon Deal

      REUTERS: Activist investor Jana Partners LLC cashed out of its position in Whole Foods Market Inc, a regulatory filing showed on Wednesday, after the upscale grocer agreed to be acquired by Amazon.com Inc in a US$13.7 billion deal last month. Jana, which was Whole Foods' second-largest shareholder with an 8.2 percent stake, made a profit of over US$300 million on the sale, according to Reuters calculations...

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      Mentions: Whole Foods Amazon
    4. Elliott releases private letters after Arconic CEO's departure

      Elliott releases private letters after Arconic CEO's departure

      REUTERS: Activist hedge fund Elliott Management released the private letter written by Arconic Inc's former chief executive, Klaus Kleinfeld, which consequently led to his resignation, and their response to the letter and Arconic's statement on April 17. Elliott said late on Wednesday that Arconic had created a "public frenzy" for further information and that it had no choice but to make the letter and their response public.

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    5. SEC Advisory Committee to Question Snap's Transparency for investors

      SEC Advisory Committee to Question Snap's Transparency for investors

      An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday...

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    6. Exclusive: Wall Street Lawyer Jay Clayton Emerges as Trump’s Top SEC Choice

      Exclusive: Wall Street Lawyer Jay Clayton Emerges as Trump’s Top SEC Choice

      A BOSTON/WASHINGTON: Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba Group, is a leading candidate to head the U.S. Securities and Exchange Commission in the Trump administration, two sources familiar with the matter said on Tuesday. Clayton is a partner at Sullivan & Cromwell who specializes in public and private mergers and offerings, an area that requires expertise on complex securities regulations and corporate governance...

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    7. Icahn Regulatory Role Gives Activist Investors Strong Washington voice

      Icahn Regulatory Role Gives Activist Investors Strong Washington voice

      International Business Icahn regulatory role gives activist investors strong Washington voice U.S. chief executives, already wrestling with a steady flow of activist investors in their board rooms, face a newly challenging landscape now that the loudest voice of the bunch will have the ear of the next president and his securities' rule makers...

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    8. Samsung to Unveil Shareholder Return Plans Amid Calls to Split Company

      Samsung to Unveil Shareholder Return Plans Amid Calls to Split Company

      SEOUL: Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday: a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. The U.S. activist hedge fund, which owns 0.6 percent of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an operating company, as well as pay out 30 trillion won (US$26 billion) in a special dividend...

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    9. Race-Track Rivalry Moves to Boardroom as VW Brands Battle for Electric Car Jobs

      Race-Track Rivalry Moves to Boardroom as VW Brands Battle for Electric Car Jobs

      A FRANKFURT/HAMBURG: Just as Porsche and Audi have fought for supremacy on the race track, the Volkswagen brands are now locked in a cut-throat battle to develop and manufacture the next generation of electric cars at a group embroiled in the "Dieselgate" scandal. Volkswagen Group denies that the kind of internal rivalry that it encouraged at the Le Mans 24 hour race is getting out of hand in the boardroom...

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    10. Sweden's Clean Corporate Image Dealt Blow With Insider Trading case

      Sweden's Clean Corporate Image Dealt Blow With Insider Trading case

      The arrest of Hexagon chief executive Ola Rollen, one of Sweden's most successful CEOs, on suspicion of insider trading could not only threaten the company's standing but also the business reputation of the country. 20 Ola Rollen, Chief executive of the Swedish engineering group Hexagon AB gestures during a news conference in Zurich, Switzerland, June 13, 2005...

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    11. Oft-Divided SEC Speaks With One Voice When Suing Corporations

      Oft-Divided SEC Speaks With One Voice When Suing Corporations

      The U.S. Securities and Exchange Commission has released a collection of internal voting records, long held secret, that reveal it to be less divided than is commonly thought. The new data reveal that the agency's commissioners vote unanimously almost every time they take companies and executives to federal court ...

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    12. Independent Directors Playing Bigger Role in Singapore Boardrooms: Study

      Independent Directors Playing Bigger Role in Singapore Boardrooms: Study

      Independent directors are playing a bigger role on company boards in Singapore, and more women are joining the boardroom as directors, according to the latest Singapore Directorship Report released on Tuesday (Oct 18). The report, put together by the Singapore Institute of Directors (SID) and the Institute of Singapore Chartered Accountants (ISCA), showed that 62 per cent of local firms have independent directors forming at least half of the board, up from 55 per cent in 2014...

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    13. Wells Fargo Hires Law Firm to Advise on Executive Pay: WSJ

      Wells Fargo Hires Law Firm to Advise on Executive Pay: WSJ

      Wells Fargo & Co's board hired law firm Shearman & Sterling LLP to advise on executive compensation and potential clawbacks, the Wall Street Journal reported, citing people familiar with the matter. Robert Mundheim, a lawyer at the firm, is advising the bank's board on whether it should claw back pay of Chief Executive John Stumpf, Chief Operating Officer Timothy Sloan and former retail banking head Carrie Tolstedt, according to the WSJ report ...

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    1-24 of 37 1 2 »
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