Sentences with phrase «independent board director»

This was soon followed by yet another appointment: former Goldman Sachs exec Edith Cooper was named the enterprise collaboration darling's second independent board director.

Hilton's «independent board directors need to agree that HNA can get out of the lockup early,» said Amanda Sweitzer, an analyst with Robert W. Baird & Co..

Not exact matches

A Wall Street Journal report later quoted an anonymous source claiming that independent directors on RIM's board have long deferred to Balsillie, «the most forceful presence in the room by far.»

He said repeatedly that the Board will be responsible for making decisions about governance, leadership and succession, and he hand - selected a group of trusted advisors and independent directors to fulfill this role.»

Jason is an Independent Director on the board of Australia's Sleep Health Foundation where he assists the national charity in its aim to increase community awareness of the importance of sleep for both physical and mental health.

Consumer products maker Newell Brands has agreed to add three independent directors to its board, including one proposed by hedge fund Starboard Value, ending a months - long proxy fight with the activist investor.

Richard Leblanc is a corporate governance lawyer, speaker and independent advisor to leading boards of directors.

Activist investors in both Canada and the US recently proposed — for Hess Corporation and Agrium Inc. — that their nominees to serve as independent directors on the companies» boards should receive incentive pay directly from the activist investors themselves, with the amount that tied to share price appreciation.

This is the reason for government inspectors and, most importantly, a competent and independent board of directors to approve the control regime to begin with.

Those reforms include removing Kalanick's super-voting rights on the board, increasing the company's board size to 17, and adding new independent directors to the board.

Richard Leblanc is a governance lawyer, academic, speaker and independent advisor to leading Canadian and international boards of directors.

Pilbara Minerals has further bolstered its board with the appointment of Fortescue Metals Group director of operations Nick Cernotta as an independent non-executive director.

«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.

Arianna Huffington, who serves on Uber's board of directors, also tweeted that she'll be working with Ms. Hornsey to make sure the probe is «independent.»

Shareholder returns at family - controlled corporations significantly outperform those of widely held public companies, even though family - controlled boards tend to break governance rules, such as having a certain number of independent directors.

The Board has elected Tim Sloan, the Company's President and Chief Operating Officer, to succeed him as CEO, and Stephen Sanger, its Lead Director, to serve as the Board's non-executive Chairman, and independent director Elizabeth Duke to serve as VicDirector, to serve as the Board's non-executive Chairman, and independent director Elizabeth Duke to serve as Vicdirector Elizabeth Duke to serve as Vice Chair.

When interests between management and shareholders become adverse, even through the regular course of events, it's important for boards to have their own set of lawyers who are independent from management and seen as objective and willing to act in the interest of directors, not management, and ultimately shareholders.

Richard Leblanc is a lawyer, corporate governance academic, speaker and independent advisor to leading Canadian and international boards of directors.

A committee of the independent members of the board of directors has been established to review the offer, which would require approval by a majority of the minority shareholders of Sun - Rype.

Per the deal, Newell said it would appoint two new independent directors to its board in place of Icahn's more controversial nominees and appoint a third Starboard - backed candidate.

Viacom's board of directors has begun discussions about setting up an independent special committee to explore a combination with CBS.

It was at the same time that Travis agreed in writing to modify the company's voting agreement to ensure that the board was composed of independent, diverse, and well qualified directors.

Fox, which already owns 39 percent of the European pay - TV group, had already put forward steps it would take to guarantee the independence of Sky News, such as funding it for 10 years and creating an independent board of directors.

«3M will benefit greatly from having two strong leaders involved going forward,» Mike Eskew, independent lead director for the 3M board, said in a statement.

Disney CEO Bob Iger will remain with his company through 2021 to «provide the vision and proven leadership required to successfully complete and integrate such a massive, complex undertaking,» Orin Smith, the lead independent director of Disney's board, said in the release.

She currently serves as President and Executive Director and as a member of the board of directors of the Foundation for the National Institutes of Health (FNIH), an independent 501 (c)(3) charitable organization established by Congress to support the mission of the National Institutes of Health (NIH) by raising private funds for biomedical research and fostering partnerships and alliances around the world.

• Governance reform: Uber's board approved governance reforms that are contingent on completion of the SoftBank deal, including the removal of super-voting rights that gave Kalanick and his allies outsized power, adding new independent directors, and increasing the size of the board to 17 people.

In May, the company reached a settlement with activist investor FrontFour Capital Group to add two independent directors to its board.

The designation of a lead independent director and the appointment of an activist investor to sit on HP's board bodes well for the long - troubled tech giant.

LA JOLLA, Calif., May 1, 2018 / PRNewswire / — CalciMedica announced that it named two independent members to its Board of Directors, Lakhmir Chawla, MD, currently Chief Medical Officer of La Jolla Pharmaceuticals Company (NASDAQ: LJPC), and Christopher Krueger, JD, MBA, a co-founder and Chief Business Officer of Escalier Biosciences.

One of the new directors, Waleed Al Muhairi, 35, is not considered independent and serves on no committees but is on the board because of an agreement with investors giving them the right «to designate a representative to our Board of Directordirectors, Waleed Al Muhairi, 35, is not considered independent and serves on no committees but is on the board because of an agreement with investors giving them the right «to designate a representative to our Board of Directors.&rboard because of an agreement with investors giving them the right «to designate a representative to our Board of Directors.&rBoard of DirectorsDirectors.»

I also requested that the board take steps to allow for a majority of the board to be comprised of new independent qualified directors effective at the 2018 annual meeting.

I believe that any major decisions, including those regarding Wynn Boston Harbor, should be made by a board comprised of a majority of new independent directors.

Perhaps HP needs a board member who was not elected last year at Lane's behest to act as the new lead independent director.

For a time CBS, which after the board resignations had four independent directors out of eight total, was not in compliance with New York Stock Exchange regulations that require a majority of independent board members.

During the transition, Shari played a major role in constituting the two boards of directors and ensuring that each had an adequate number of independent voices.

With the appointment, Accenture's board now comprises 12 directors, 11 of whom are external and independent.

Look for boards to tighten up independent standards over lawyers, compensation consultants, auditors, and themselves, to arrive at «non-conflicted directors getting non-conflicted advice.»

Deripaska also agreed with the chairman's proposal that he will resign from the board and consent to the appointment of some new directors so that the board will have a majority of new independent directors, it added.

We supported the independent, third - party and very thorough investigation into the allegations against Mr. Charney, and respect the Board of Director's decision to terminate him based on the results of that investigation.

Earlier this week, Yahoo said that activist hedge fund Starboard Chief Executive Jeffrey Smith and three independent directors associated with him would join its board immediately.

Each of the directors other than Larry, Sergey, Eric, Sundar, and Diane is independent (see «Director Independence» on page 26 of this proxy statement), and the Board of Directors believes that the independent directors provide effective oversight of madirectors other than Larry, Sergey, Eric, Sundar, and Diane is independent (see «Director Independence» on page 26 of this proxy statement), and the Board of Directors believes that the independent directors provide effective oversight of maDirectors believes that the independent directors provide effective oversight of madirectors provide effective oversight of management.

It finds that banks with boards of directors independent from management take less risk.

Goodwin Procter LLP is legal counsel to the Independent Transaction Committee of the Board of Directors of Sprint.

The Audit Committee of the Board of Directors of Alphabet is comprised entirely of independent directors who meet the independence requirements of the Listing Rules of the NASDAQ Stock Market andDirectors of Alphabet is comprised entirely of independent directors who meet the independence requirements of the Listing Rules of the NASDAQ Stock Market anddirectors who meet the independence requirements of the Listing Rules of the NASDAQ Stock Market and the SEC.

The committees of the board of directors also generally meet in executive session at the end of each committee meeting, except for meetings of the Acquisition Committee and the Executive Committee as these committees have only one or no independent directors.

«When you truly start looking at what is an independent board, what truly is an outside director, the way you define it is really difficult,» says Larry Fauver, a professor at the University of Tennessee who focuses on governance.

The Audit Committee of the board of directors of Google is comprised entirely of independent directors who meet the independence requirements of the Listing Rules of the NASDAQ Stock Market and the SEC.

«When considering this strategic acquisition, it was important to the Board that Bob remain as Chairman and CEO through 2021 to provide the vision and proven leadership required to successfully complete and integrate such a massive, complex undertaking,» said Orin C. Smith, Lead Independent Director of the Disney Board.

Executive sessions of independent directors are held in connection with each regularly scheduled Board of Directors meeting and at other times as necessary, and are chaired by the Chairman of the Board of Ddirectors are held in connection with each regularly scheduled Board of Directors meeting and at other times as necessary, and are chaired by the Chairman of the Board of DDirectors meeting and at other times as necessary, and are chaired by the Chairman of the Board of DirectorsDirectors.