1. Articles from wsj.com

  2. 1-24 of 299 1 2 3 4 ... 11 12 13 »
    1. Herbalife CFO Looks to Change Investor Views After Years of Activist Pressure

      Herbalife CFO Looks to Change Investor Views After Years of Activist Pressure

      Herbalife Nutrition Ltd. 's new finance chief is working to change investors' view of the business after years of activist pressure, which abated in January when Carl Icahn —once its largest shareholder—sold a large chunk of his stake and relinquished his board seats. ... Shares rose 1.8% over the course of 2020...

      Read Full Article
      Mentions: CFO Herbalife stake
    2. Boeing CEO Said Board Moved Quickly on MAX Safety; New Details Suggest Otherwise

      Boeing CEO Said Board Moved Quickly on MAX Safety; New Details Suggest Otherwise

      When Boeing Co. BA 0.15% ’s board had its first formal meeting around seven weeks after the initial 737 MAX crash in late 2018, directors didn’t hold in-depth discussions about the jet’s safety, according to newly released details of internal company documents. Months later, Boeing’s current chief executive told journalists the company’s directors had moved quickly to address the accident, according to excerpts of company documents contained in a shareholders’ lawsuit...

      Read Full Article
      Mentions: lawsuit Boeing Board
    3. Citigroup, Bank of America Cut CEO Pay

      Citigroup, Bank of America Cut CEO Pay

      Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent order that regulators slapped on the bank in October. The bank reduced other executives’ pay for the same reason, saying they shared responsibility for the problems...

      Read Full Article
    4. Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO

      Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO

      Eli Lilly & Co. said it won’t try to claw back past pay from newly departed finance chief Joshua Smiley, but moved to take away his 2020 bonus and other incentive compensation following years of rule tightening around executive conduct and recuperation of funds at the drugmaker. Indianapolis-based Eli Lilly, known for drugs that treat diabetes, cancer and other diseases, Tuesday said Mr. Smiley resigned following allegations of an inappropriate personal relationship with an employee...

      Read Full Article
    5. Activist Investor Ancora to Launch Proxy Fight at Forward Air

      Activist Investor Ancora to Launch Proxy Fight at Forward Air

      An activist investor is preparing to launch a proxy fight at trucking and logistics company Forward Air Corp. Ancora Holdings Inc. plans to nominate four directors to Forward Air’s 10-person board, including the company’s founder and its former chief financial officer, according to people familiar with the matter. The group holds a combined 6.3% stake in the Greeneville, Tenn., company, the people said...

      Read Full Article
      Mentions: Proxy Fight CFO stake
    6. Seed Company Corteva Faces Renewed Activist Pressure

      Seed Company Corteva Faces Renewed Activist Pressure

      Less than two years after Corteva Inc.’s launch, the crop seed and pesticide maker faces pressure from an activist investor—a familiar situation for the company’s executives. Delaware-based Corteva was formed from the agricultural businesses of DuPont and Dow Chemical , both of which contended with activist investors ahead of the 2017 merger that fused the two industrial conglomerates...

      Read Full Article
    7. If Corporate Diversity Works, Show Me the Money

      If Corporate Diversity Works, Show Me the Money

      Corporate directors are called on to do a few important things: Hire a CEO and oversee management, provide strategic direction, protect and promote the interests of investors, and ensure the company’s books are honest. Now, many claim, directors should also represent the country’s demographics. That is the upshot of a requirement by one of America’s largest financial markets...

      Read Full Article
    8. The Jailing of the Citgo Six

      The Jailing of the Citgo Six

      Six Venezuelan-born Citgo executives were living and working in the U.S. in mid-November 2017 when they were summoned by Citgo parent PdVSA—the Venezuelan state-owned oil monopoly—to Caracas for a meeting. The five naturalized U.S. citizens and one U.S. permanent resident were in good standing with the Houston-based firm. As they boarded the corporate jet, they couldn’t have known that they were headed for prison...

      Read Full Article
    9. SEC Approves Scaled-Back Disclosure Rule for Energy, Mining Companies

      SEC Approves Scaled-Back Disclosure Rule for Energy, Mining Companies

      The U.S. Securities and Commission approved a third version of a rule mandating the disclosure of information about payments made by oil, gas and mining companies to foreign governments. The latest version of the rule, approved with a 3-2 vote, attempts to ease the compliance burden it will impose on resource extraction companies while implementing a provision of the Dodd-Frank Act that was supposed to bring greater transparency to corruption-prone industries...

      Read Full Article
    10. SEC Schedules Vote on Controversial Extractive Industry Rule

      SEC Schedules Vote on Controversial Extractive Industry Rule

      The U.S. Securities and Commission is scheduled to vote this week on a rule mandating the disclosure of payments made by oil, gas and mining companies to foreign governments. A vote on the rule, scheduled for Wednesday, could bring to close another chapter in a decade long attempt to enact a controversial provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was designed to help stave off corruption by companies in resource extraction industries...

      Read Full Article
    1-24 of 299 1 2 3 4 ... 11 12 13 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content