Sentences with phrase «board chairman said»

The Port Authority of New York and New Jersey on Wednesday approved spending $ 90 million on repairs to its decrepit Midtown bus terminal, but its new board chairman said a full replacement of the 65 - year - old facility will take at least a decade to finance, design and build — if not longer.

The state's Gaming Facility Location Board, which is choosing up to four projects out of 16 applications, met behind closed doors Friday, and the board chairman said the body will announce the winning applications at its next meeting.

The board chairman said the CCRB could use computer programs to spot trends of improper police behavior.

«We as a board will provide clear direction to management with a revolutionary verve to position the Agency as the foremost institution for youth employment,» the Board chairman said.

Not exact matches

On Dec. 10, the company hired Laurent Potdevin as her successor and said Lululemon founder Chip Wilson would step aside as chairman of the board but remain a director of the company.

National Transportation Safety Board chairman Robert Sumwalt said the death was the first on a US passenger airline in over nine years.

Robert Sumwalt, chairman of the National Transportation Safety Board (NTSB), said the agency was «very concerned» after an initial review found metal fatigue to be the cause of the damaged engine.

ROZZANO, Italy, April 24 - Board fights at Telecom Italia and the battle of words between its top two shareholders have worsened the climate at Italy's biggest phone group and caused serious reputational damage, Deputy Chairman Franco Bernabe said.

Kirk Hansen, Kyäni Founder and Chairman of the Board, said the meetings with Otter will open doors for future success in the Chinese market.

«On behalf of everyone at MTS, I want to thank Alon for his service and substantial contributions to the Company since he joined us in 2007 and wish him great success in his new professional path,» said Mr. Haim Mer, the Company's Chairman of the Board.

Ackman, who is also chairman of the Howard Hughes board of directors, said the real estate company was poised to thrive in the current economic environment, with many strong land development projects in its pipeline, from New York City's South Street Seaport in lower Manhattan to Hawaii beachfront property.

«It was highly successful,» says Mart Laar, 57, who became the first post-Soviet Prime Minister, at age 32, and is now chairman of the board of supervisors for the Bank of Estonia.

The Chairman of the Board John Thompson defended the package, saying that the stock payment «motivates our CEO to create sustainable long term shareholder value by providing him with the opportunity to share in those gains.»

«We see many international retailers reluctant to come to the U.S. [after] you've seen big retailers take longer to resonate here than elsewhere,» said David Zoba, chairman of the global retail leasing board at commercial real estate firm Jones Lang LaSalle.

«The FSB's initial assessment is that crypto - assets do not pose risks to global financial stability at this time,» board Chairman Mark Carney said in a letter on March 18.

On Monday, Ford replaced Fields with Jim Hackett, a former CEO of Steelcase, and a Ford board member who's said to be close to the company's chairman Bill Ford.

«Matthias Müller has done outstanding work for the Volkswagen Group,» VW supervisory board chairman Hans Dieter Pötsch said in the statement.

«It had been a long time since the great days of HP,» says Ray Lane, an HPE board member and former HP chairman.

Gray, then chairman of Seventh Generation's board, says he shed no tears over Newman's departure.

While cryptocurrencies are currently too small an asset class to pose systemic risks to the financial system, that may change as the space continues its rapid evolution, Mark Carney, chairman of the Financial Stability Board, said in a letter to G - 20 finance leaders published Sunday.

Tap Oil says it expects to resolve outstanding disputes with a dissident shareholder after announcing a major restructure that will see the current chairman retire and three new directors join the board.

The plane was climbing past 32,500 feet when indicators on the left engine started falling to zero and vibration significantly increased, said National Transportation Safety Board Chairman Robert Sumwalt.

«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.

The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday «operational limitations» in the Tesla Model S played a «major role» in a May 2016 crash that killed a driver using the vehicle's semi-autonomous «Autopilot» system.

The «Fast Money» traders check - in on the airline sector after United Continental's board said CEO Oscar Munoz will not become chairman.

In a reversal of Munoz's earlier employment agreement, he has opted to leave «future determinations related to the Chairman position to the discretion of the Board,» the filing said.

The world's biggest maker of semiconductors, televisions and smartphones replaced the leaders of its three main businesses, named CFO Lee Sang - hoon as the likely new board chairman, and said veteran co-CEOs J.K. Shin and Yoon Boo - keun would resign.

«After an extensive evaluation of all final proposals received, the Special Committee decided on the proposed scheme, which we believe is compelling and value - enhancing for all shareholders,» Seek Ngee Huat, chairman of GLP's board, said in a joint statement with the winning consortium.

Eugene Qian, chairman of UBS» China strategy board, says Chinese companies are still acquiring even though the size of each deal is now smaller.

The Facebook board's compensation committee authorized Zuckerberg's security program, the filing said, «to address safety concerns due to specific threats to his safety arising directly as a result of his position as our founder, Chairman, and CEO.»

SAN FRANCISCO, Feb 1 - Google parent Alphabet Inc replaced long - time Executive Chairman Eric Schmidt with board veteran John Hennessy, a former Stanford University president and one of search engine company's first users, it said in a regulatory filing on Thursday.

Alex Behring, chairman of the board, said Buffett made «many invaluable contributions» to the company.

The company said Chief Operating Officer Steve Ritchie will succeed Schnatter, who is also the chairman of the board.

«After careful review of our options, the board of directors of TDC believes that the consortium's offer represents both the most compelling value and the highest transaction certainty benefiting the TDC shareholders,» TDC Chairman Pierre Danon said in a statement.

«I believe this combination will create a spirits business with a product portfolio unmatched throughout the world and allow us to achieve further global growth,» Nobutada Saji, president and chairman of Suntory's board of directors, said in a statement.

«We helped them out with loans,» says chairman of the board Salim Bhatia.

Khosrowshahi also said it will be important to bring in a chairman to be his partner at the board level, which will drive agenda & rhythm of the board.

With Jerome Powell about to take over as chairman and most of the seven - member Fed board of governors to be new appointees, the tendency will be toward safe decisions and away from anything likely to unsettle Wall Street, said David Rosenberg, chief economist and strategist at Gluskin Sheff.

Says Rick Voirin, the chairman of Stagen, a leadership training firm, and a former board member of Conscious Capitalism: «It pains John that business leaders are thought of so lowly.»

The Walt Disney chairman and CEO will stay in that role for a year longer than was previously planned after the company's board of directors said on Thursday that it has extended Iger's contract through July 2019.

«The combination of technology, loyalty and travel industry expertise that these nominees bring to the table continues to enhance the skill set of our board of directors,» board chairman Robert Brown said in a statement.

There was no other candidate that the Board considered,» Expedia Chairman Barry Diller, boss of IAC's media and tech business, said in a statement.

«She will bring a unique perspective and tremendous depth of experience and knowledge of the technology industry to our Board,» Oracle chairman and chief technology officer Larry Ellison said in a statement.

«Jochen is known for his focus on operational excellence and disciplined growth, and the entire Board agreed he was the right person to lead the company forward,» said Dallas Howe, board chaiBoard agreed he was the right person to lead the company forward,» said Dallas Howe, board chaiboard chairman.

Dec 21 - Alphabet Inc said on Thursday its Executive Chairman Eric Schmidt will step down from his position to become a technical adviser as of its next regular board meeting in January.

The group chairman, Jose Vinals, said in the same statement that the board «understands the importance of the ordinary dividend to shareholders and intends to increase the full year dividend per share over time.»

The board of Apple, of which Jobs remained chairman, said in a statement: «Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives.

The Southwest Airlines jetliner, a Boeing 737 - 700, was en route from LaGuardia Airport in New York to Dallas when it suffered an apparent in - flight engine failure of the left engine, National Transportation Safety Board Chairman Robert Sumwalt said during a briefing Tuesday.

«There are a great many young people considering forgoing the traditional post-secondary education route in favor of less debt, more employer - sponsored training, and more employment opportunities [according to the Universum research],» said China Gorman, newly installed as Universum's chairman of the board for North America and former chief operating officer and interim CEO at the Society for Human Resource Management.

The company said Tuesday that it «considers a further development of the management structure of the group» and that «this could include a change in the position of the chairman of the board of management,» the German term for CEO.