Rent the Runway joins the unicorn club with a $1 billion evaluation after receiving $125 million in funding...
Instead of continuing to lose the technology arms race in research, active managers can improve returns more by engaging with board directors to improve corporate governance — particularly on technology, cyber and privacy issues...
Growing losses, low barriers to entry, poor corporate governance, and an unrealistically high valuation should diminish Lyft's IPO hype...
Are technology oligarchies good or bad for competition in the marketplace? Should the giant technology companies that own huge segments of their markets, be broken up to encourage more innovation and competition? Or is "big" good for consumers?...
Rite Aid Tuesday announced the end of John Standley's nine-year run as chief executive officer following a period of shareholder unrest and two failed mergers that has left the drugstore chain's stock price trading at less than $1 for months...
So, La Croix sales are falling due to litigation, but that litigation will not have a material adverse effect the company's operations. That is the most self-contradictory messaging I have read in 26 years of reading quarterly SEC filings. It makes no sense...
Shareholder activism is discovering new targets. Until recently, this form of activism was confined to the U.S. Not uncommon since the 1920s, it caught fire in the 1980s, with the likes of Carl Icahn striking fear into the hearts of public companies. Activists are generally on the hunt for changes in management or company policies, including things like dividend payouts or use of cash...
Boards should pro-actively address potential concerns with CEO personal conduct, in a gender-balanced way...
GE stock lost 4.7% of its value after CEO Larry Culp said at a JPMorgan Chase investor conference that the company would suffer negative industrial cash flow. Was that tidbit subject to Regulation FD?
Rotation of board leadership can yield fresh insights and new perspectives valuable to the company. Having the same board members for a long period of time can put a halt on the company’s ability to come up with new and innovative ideas...
Amazon demonstrates intention and discipline in adding two outstanding women to its board - Indra Nooyi and Roz Brewer. It is a myth that there are not enough qualified women to serve as corporate directors. Amazon shows what it takes...
Tesla has stakeholders; shareholders, investors, employees, business partners, suppliers and customers and none of them are being served by the continued problems at Tesla...
Gannett's steeper losses and declining revenue reflect ongoing struggles in the publishing sector...
Snap’s success may require a change in leadership. Unfortunately, the power doesn’t lie with the board, it’s squarely in the hands of Spiegel and Murphy who hold all the voting rights...
For corporate boardrooms continuously improving is not a luxury, it is an imperative. Begin by avoiding these basic problems...
Political proposals on hot button topics like climate mitigation, guaranteed jobs, wealth tax and single payor healthcare are often dismissed as extremist, or as downright crazy. Mention “national mobilization” and some knees are going to jerk. But given the passage of time and changed circumstances, some crazy ideas actually tend to stick...
The pipeline for executive women to fill corporate board seats remains challenged, but here are critical steps to take that will advance your board service opportunities...
Corporate Governance Mindfulness. Amazon's board did adopt the the “Rooney Rule last year, which calls for the initial list of candidates chosen to ...
In 2014, Lawrence (Larry) Culp published his final shareholder letter as CEO of Danaher Corporation. It outperformed the top-ranked company in our 2014 Candor Analytics CEO survey. Why does this matter? Because on October 1, 2018, Larry Culp became the CEO of GE...
Most Americans have a sizable share of the money set aside for retirement in the stock market, and the growth of public corporations benefits them. The nudges that Proxy Advisory firms give to public corporations to put public policy objectives ahead of profits harms them all...
The high participation rate of family majority owned respondents highlights the importance of professional corporate governance to family companies...
Swan, who has been Intel’s CFO since 2016, becomes the company's seventh CEO. He has also been elected to Intel’s board of directors...
These are also five levels of situational leadership. Different leaders deploy different leadership styles in different situations. These range from command and control (tell) to partnership (co-create). The biggest difference is between leaders providing direction (tell) and input (consult or test,) with the associated difference in decision rights. Former American Express CEO, Ken Chenault, liked to give his board of directors two looks at any major idea...
