Sentences with phrase «board control of»

Just as the charter school plan continued the pre-Katrina trend of decreasing board control of New Orleans public schools, the post-hurricane changes accelerated the trend of increasing state involvement and paved the way for many more charter schools.

«DreamHammer allows us to have an across - the - board control of all our platforms,» said Ocean Aero President and CEO Eric Patten, who hopes to have a fully autonomous version of the craft by this fall.

Not exact matches

Dauman has also been removed from the board of the trust that will control Sumner Redstone's 80 % stake in Viacom and CBS after the billionaire's death.

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»

As Quebec has risen to become by far the world's leading producer of maple syrup, the federation has evolved into a powerful marketing board with almost absolute control over the provincial industry.

Non-owners are making headlines for attempting to gain control of condo boards for their own interests.

First, the former CEO was removed from the board of directors of the trust that will control Redstone's holdings after his death, and then he was forced out of the top job.

That plan was later scrapped by the board amid shareholder pressure, though he still has effective control of the company.

One week later, in early November, the editorial board of the Daily Progress, Charlottesville's local paper, opined that because Republicans also control Virginia's General Assembly, «we believe Ed Gillespie has the best chance of leading Virginia to a brighter economic future.»

Casinos on the Strip earned a profit of $ 814 million during the fiscal year that ended June 30, according to data from the Nevada Gaming Control Board.

Dauman and several members of the board say Sumner Redstone's daughter Shari is controlling the aging billionaire, who they claim is suffering from dementia and can not make decisions for himself.

Hunter Hall Investment Management says Ian Trahar's bid to take over Kresta Holdings significantly undervalues the business and has rejected suggestions it was seeking to take control of the business by ousting key board members.

Their business stood out because, despite accepting both male and female clientele, the Westropp sisters wanted to have an all - female board of directors and teach women about money during a time when men still controlled much of family and business finance.

But in March, Felicia Marcus, the chair of the State Water Resources Control Board, told The Sacramento Bee that those mandates would finally be loosened in the coming months as water levels looked to be returning to normal — the first time they'd done so since 2013.

Terms that dictate board seats, veto rights, or drag - along rights (which may allow an investor to force the sale of a company) all relate to a company's control.

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.

Although Zuckerberg maintains voting control of the company, some are calling for Zuckerberg's resignation from one or both of his posts as CEO and chairman of the board.

He was in Geneva, for a board meeting of the Union for International Cancer Control, when one of his fellow board members asked if he had lost weight.

The New York Times reports that the witnesses told members of the House Subcommittee on Indian, Insular, and Alaska Native Affairs that Congress should appoint a federal control board — that is, take over management of the island.

Berger and a group of partners invested in the debt - laden Classics in 1989, and in early 1991 Berger took control of its board.

Khosrowshahi's plan, which included input from investment bank and Uber investor Goldman Sachs, would shift control of one of the two board seats just filled by Kalanick to the new CEO.

The network of board seats and purchasing contracts has unravelled in recent years, and each branch of the family now controls a distinct line of business.

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

In an editorial titled «The President Is Not Above The Law,» the newspaper's editorial board said that it is up to the Republican - controlled Congress to affirm the rule of law.

He also controls the board of directors thanks the creative use of proxy votes from other co-founders.

Struggling iron ore miner Pluton Resources has fallen back into the hands of receivers and managers, less than six months after the board regained control of the company, as part of a new structuring proposal.

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.

In his 2005 decision in the Disney shareholder case, Chancellor Chandler served up a stern warning to boards of directors according to a report by Reuters: «If neither the courts nor the markets are able to restrain executive compensation... the result will be imposition of regulatory controls.

Kalanick had good reason to think he could count on the support of Uber's shareholders: He owns the biggest individual stake and controls a majority of the super-voting shares, making his grip on the board of directors difficult to loosen.

HOUSTON, April 16 - Billionaire activist investor Carl Icahn on Monday nominated a five - person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors, escalating his fight for control of the U.S. shale oil producer.

As the issue of drug - price gouging became part of the political discussion, the documents show that Turing's board sought advice on how to control the damage and frame a decision to cut the price in some instances.

HOUSTON, April 16 (Reuters)- Billionaire activist investor Carl Icahn on Monday nominated a five - person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors, escalating his fight for control of the U.S. shale oil producer.

We're able to control the content of all menu boards, we're able to control change, and we're also able to really do different things in different stores at the push of a button.»

«When the same people are controlling pay at a number of companies, that can cause a direct ratcheting up of pay,» says Eleanor Bloxham, who heads The Value Alliance and Corporate Governance Alliance, a board education and advisory firm, and is a regular contributor to Fortune.com.

Perth - based director Andrew Chapman is at the centre of an escalating battle between the board and the management team at US - focused tech company 1 - Page over control of the business and its $ 30 million of cash.

Venrock vice president Marissa Campise (who sits on Ad Hoc's board) says that wresting control of phone numbers away from telecom carriers and into the hands of privacy - minded consumers was a long - overdue development.

Many of the steps involved — including creating an independent board, upgrading financial reporting systems and controls, exploring growth through internal operations, and fine - tuning your company's strategy — are the same ones required to build a successful company.

Dasilva has stuck to his goal of making transactions better for both customers and retailers — an important trait, Arsenault says, since a founder's vision can often get diluted as the board and investors exert more control.

The organization has a national advisory board, but it's unclear whether it has a proper, functioning board of directors that oversees risk and controls.

You may think you are in control of your work, but overbearing board members could be thwarting your ability to challenge yourself in the way that you want.

At the moment, control over National Amusements is scheduled to pass to a trust whenever Sumner Redstone dies — a trust whose board consists of Shari Redstone, her son, Viacom CEO Dauman and a number of legal advisors appointed by Redstone.

A proper board will want to see confirmation and accountability of the internal controls over all material risks, which aren't just financial.

Every board should have a conflict of interest statement that applies to officers and directors, and to a control person or significant shareholder if applicable.

The letter comes ahead of a showdown on March 6, when Qualcomm shareholders are scheduled to elect an 11 - member board and decide whether to hand control to a slate of six nominees put forward by Broadcom.

According to a letter sent at the end of May from the U.S. Chamber of Commerce to the Securities and Exchange Commission and Public Company Accounting Oversight Board, the current system for analyzing and auditing companies» internal controls needs a tune - up.

The problem is a board and top executive team that don't always appear to have control of its wide - ranging cast of characters, including founders who have attained near - celebrity status (another co-founder, Biz Stone, is a regular on NPR, and earlier this year Dorsey was profiled in Vanity Fair), headstrong and divisive managers, and investors used to getting their way.

While a board of directors has a duty to maximize shareholder value by running a fair sales process, the Murdochs own about 17 percent of Fox and control the company through voting shares.

«The problem is a board and top executive team that don't always appear to have control of its wide - ranging cast of characters... Twitter needs to get its act together or risk losing buzz, potential ad revenue, and its bright future too.»

The 43 - member Board of Governors is the seat of power at AMPAS, with ultimate authority over corporate management, control and general policies, including Oscar rules and the invitation of new members.

Lawrence A. Bossidy is the retired Chairman of the Board and CEO of Honeywell International Inc., a global $ 26 - billion advanced technology, controls and manufacturing company.