1. 1-24 of 254 1 2 3 4 ... 9 10 11 »
    1. Lloyds Banking: Faces Shareholder Revolt as CEO's Pay is 95 Times That of Average Worker

      Lloyds Banking: Faces Shareholder Revolt as CEO's Pay is 95 Times That of Average Worker

      Lloyds Banking Group is facing the prospect of a shareholder rebellion after giving its chief executive, António Horta Osório, a pay packet that is nearly 100 times larger than the average worker’s at the bank. The advisory group Institutional Shareholders Services (ISS) has recommended a vote against the bank’s remuneration report at the annual general meeting on 24 May, highlighting discrepancies between “pay and relative performance”...

      Read Full Article
    2. Land & Buildings Sends Letter to Brookdale Senior Living’s Board of Directors and Shareholders

      Land & Buildings Sends Letter to Brookdale Senior Living’s Board of Directors and Shareholders

      Today Land & Buildings Investment Management LLC (“Land & Buildings”) issued the following letter to Brookdale Senior Living Inc.’s (NYSE:BKD) (“Brookdale” or the “Company”) Board of Directors (the “Board”) and Shareholders. May 18, 2018 Dear Brookdale Board of Directors and Fellow Brookdale Shareholders: As fellow Brookdale shareholders, we want to congratulate Brookdale and Ms. Lucinda Baier for a great first quarter...

      Read Full Article
    3. Barclays Activist Bramson Eyes Trading Shutdown at Under-Fire Investment Bank

      Barclays Activist Bramson Eyes Trading Shutdown at Under-Fire Investment Bank

      LONDON (Reuters) - Activist investor Edward Bramson is pushing to shutter the majority of trading activities undertaken by Barclays' investment banking unit, in a radical plan to cut costs and boost returns at the British lender, three sources told Reuters. Investors briefed by the New York-based financier, who took a surprise 5 percent stake in Barclays in February , said Bramson was planning to axe all parts of its investment banking operation that did not directly serve corporate clients...

      Read Full Article
    4. Two More Activist Funds Build Stakes in ADP

      Two More Activist Funds Build Stakes in ADP

      Two activist hedge funds have built small stakes in Automatic Data Processing Inc., according to people familiar with the matter, adding pressure to the payroll-processing firm as it tries to jumpstart growth. The two investors, D.E. Shaw Group and Sachem Head Capital Management, haven't decided whether they would try to push for changes at the company, the people said, but they have met separately with ADP's management and are closely tracking its performance...

      Read Full Article
    5. Symantec: Says Investigating Reporting of Certain Accounting Measures

      Symantec: Says Investigating Reporting of Certain Accounting Measures

      (Reuters) - Symantec Corp said on Monday it is investigating company's reporting of certain non-GAAP measures including those that could impact executive compensation programs, stock trading plans, following concerns raised by a former employee. The Norton anti-virus maker said the investigation will also include company's public disclosures including commentary on historical financial results...

      Read Full Article
    6. Gullane Capital Partners Announces Support for Activist Position of Destination Maternity

      Gullane Capital Partners Announces Support for Activist Position of Destination Maternity

      Hedge fund owning 3%+ of outstanding shares supports slated new board members Gullane Capital Partners , a Memphis-based hedge fund that holds 3%+ ownership in Destination Maternity Corporation (Nasdaq: DEST), today announced its support of the GOLD proxy card issued by activist shareholders Nathan Miller and Peter O’ Malley calling on stockholders to vote in favor of four director nominees at the Company’s 2018 annual meeting, taking place on May 23, 2018...

      Read Full Article
    7. Timeline: Xerox's Complex Relationship with Top Investors

      Timeline: Xerox's Complex Relationship with Top Investors

      (Reuters) - Xerox Corp's board is battling activist shareholder Carl Icahn and investor Darwin Deason over the company's plan to sell itself to Japan's Fujifilm in a deal the two say dramatically undervalues the photocopying firm. Following is a timeline of events when the two investors took a stake in the company and how their relationship slowly developed into one of the most contentious proxy fights currently on record...

      Read Full Article
    8. Activist Investment Rising in Asia, Led by Local Players

      Activist Investment Rising in Asia, Led by Local Players

      HONG KONG (Reuters) - Activist investing in Asia is rising steadily, driven more by local players rather than headline-grabbing foreign firms, as the region's regulators pay greater attention to corporate governance, according to research from JP Morgan. Last year, there were 106 activist campaigns in Asia, versus 94 the previous year and just 10 in 2011, the investment bank said, citing data from Activist Investor and Shark Repellent...

      Read Full Article
    9. From Disney to Dior, Norway Wealth Fund Challenges CEO Pay

      From Disney to Dior, Norway Wealth Fund Challenges CEO Pay

      OSLO (Reuters) - Executive pay is firmly in the crosshairs of Norway's $1 trillion (727 billion pound) sovereign wealth fund as it puts its votes to work at some of the more than 9,000 companies it is invested in. The world's biggest sovereign wealth fund, built on Norway's oil revenues, has become a more active shareholder in recent years and since 2017 has called for changes including the scrapping of long-term incentive plans and simpler and more transparent packages...

      Read Full Article
    10. LiveWorld: Appoints Seasoned Healthcare and Venture Capital Professionals to Board of Directors

      LiveWorld: Appoints Seasoned Healthcare and Venture Capital Professionals to Board of Directors

      Leading social customer experience company to expand its software and consulting service offerings for the healthcare industry LiveWorld, Inc. (OTC Markets: LVWD), the leading social customer experience company announced today the addition of Arthur A. Ushijima, CEO and President of The Queen’s Health Systems (Queen’s), Michael A...

      Read Full Article
      Mentions: CEO Wells Fargo IBM
    11. Citi Chairman Says all Options Open to Find his Replacement

      Citi Chairman Says all Options Open to Find his Replacement

      CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72. CHICAGO (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72...

      Read Full Article
    12. Wells Fargo : Directors Win Easily Despite Criticisms

      Wells Fargo : Directors Win Easily Despite Criticisms

      Wells Fargo & Co. re-elected all of its 12 board directors with more than 89% of preliminary votes, in a shift from the bank's chaotic shareholder meeting last year. Wells Fargo, which hosted the meeting in Des Moines, Iowa, near its mortgage-business headquarters, still heard complaints about Chief Executive Timothy Sloan, executive compensation and its relationship with the firearms industry during the 2 1/2 -hour-long meeting...

      Read Full Article
    13. McKesson : Board of Directors Releases Findings and Recommendations of Independent Investigation

      McKesson : Board of Directors Releases Findings and Recommendations of Independent Investigation

      April 20, 2018 - The Board of Directors of McKesson today released its response to a request from the International Brotherhood of Teamsters, a McKesson stockholder, that the Board perform an investigation into senior management's and the Board's oversight of McKesson's compliance with its legal and regulatory obligations relating to the distribution of opioids. An independent investigation was performed by a Special Review Committee (SRC) of the Board composed of ...

      Read Full Article
    14. Sego Resources Inc. - Jean-Pierre Colin and David Speck Join Board of Directors

      Sego Resources Inc. - Jean-Pierre Colin and David Speck Join Board of Directors

      Vancouver, British Columbia--(Newsfile Corp. - April 16, 2018) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce a significant strengthening to its senior team of professionals, namely that Jean-Pierre Colin and David Speck are joining Sego's Board of Directors and George Mannard is joining the Company's Technical Advisory Board. Jean-Pierre Colin Jean-Pierre Colin is a corporate strategy consultant to high-growth, publicly-listed mining companies...

      Read Full Article
    15. RiskLens™ Appoints James Lam, World Renowned Expert on Enterprise Risk Management, to Board of Directors

      RiskLens™ Appoints James Lam, World Renowned Expert on Enterprise Risk Management, to Board of Directors

      RESTON, Va., April 11, 2018 (GLOBE NEWSWIRE) -- RiskLens , the leading provider of cyber risk quantification solutions, today announced that it has appointed James Lam, one of the world’s foremost experts on enterprise risk management (ERM), as an Independent Director to its Board of Directors...

      Read Full Article
    16. Vivendi Names Telecom Italia Board Candidates

      Vivendi Names Telecom Italia Board Candidates

      Vivendi late on Thursday announced its candidates for Telecom Italia board, as Italy's state-controlled lender Cassa Depositi e Prestiti, or CDP, also Thursday approved its plan to take a stake in the Italian telecoms company. CDP said that its board has greenlighted an investment in Telecom Italia. It will gradually build a stake of up to 5% in the company, it said...

      Read Full Article
    17. Exxon Mobil: Designed Deal to Skirt Scrutiny

      Exxon Mobil: Designed Deal to Skirt Scrutiny

      Oil giant was excited about Africa prospect but worried about U.S. laws By Scott Patterson, Bradley Olson and James V. Grimaldi This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (March 30, 2018). Negotiators for Exxon Mobil Corp. gathered in a London hotel room faced a problem. The government of Liberia suspected that oil rights the energy giant coveted were tainted by corruption...

      Read Full Article
      Mentions: Ethics UK acquisition
    18. In Italy, Activist Investors Find a Happy Hunting Ground

      In Italy, Activist Investors Find a Happy Hunting Ground

      MILAN (Reuters) - When U.S. activist investor Elliott Advisers laid siege to Italy's dominant phone company this month, a shiver went through the country's corporate sector. Once a genteel club that resolved its problems in quiet, behind closed doors, corporate Italy is increasingly becoming prey for activist shareholders...

      Read Full Article
    1-24 of 254 1 2 3 4 ... 9 10 11 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content