Sentences with phrase «board directors by»

Not exact matches

This is why, when the Twitter board of directors assemble on Thursday, they will discuss the possibility of selling the San Francisco company, according to a report this week by Recode.

By replacing the directors — who presumably would side with Dauman — Redstone and his daughter Shari, who serves as Viacom's vice-chair, have given themselves a solid majority of the company's 11 - member board, aimed at withstanding even a challenge to Redstone's mental capacity.

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.»

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.»

Balance sheet, income statement, cash flow statement, statement of changes in shareholders» equity and information by business division included in this press release are extracted from the condensed consolidated financial statements at 31 March 2018 reviewed by the Board of Directors of Arkema SA on 2 May 2018.

Now that Bornstein is claiming the original letter was essentially dictated by Trump (a stark turnaround from his previous assertions the physician «really» wrote the letter himself), the gastroenterologist might face censure by the New York medical board, according to Dr. Arthur Caplan, the founding director of the Division of Medical Ethics at the NYU Langone Medical Center in New York and one of the nation's most prominent bioethicists.

In any case, the two green acquisitions were approved by the Woodside board — which includes three Shell executives among its 10 directors.

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

Northwest and Ethical Investments, a Toronto firm, may seek a proxy vote to prevent the co-CEOs from also serving as co-chairmen of the board of directors if RIM's board can't provide adequate justification for the governance structure by the end of January.

Meanwhile, Bombardier spokesman Marc Duchesne said the delivery delay approved by Bombardier's board of directors on Wednesday would be the final one.

Former Bunnings managing director John Gillam has been named as the incoming chairman of building products company CSR while Macmahon Holdings has bolstered its board by recruiting former Alcoa executive Kim Horne.

And that, at long last, brings me to a truly important editorial written by several members of the board of directors of the new Biden Cancer Initiative — which we ran on Fortune.com this morning.

Former Bunnings managing director John Gillam has been named as the incoming chairman of building products company CSR while Macmahon Holdings has bolstered its board by recruiting former Alcoa of Australia executive Kim Horne.

Judge slams deception by Hardie board Ten former directors and executives of building materials group James Hardie have been found to have breached their duties by making misleading statements about the firm's ability to pay asbestos compensation, in a decision that has wide - ranging implications for company boards.

«We are run by a board of directors that are Home Hardware dealers, so it's the dealers telling head office what we require.

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.

By day, I reported on risk to a board of directors for a $ 2 billion US company.

While the details of the hacks differ, the same thing happened to Snapchat CEO Evan Spiegel, whose emails to Sony Pictures CEO Michael Lynton, a member of Snapchat's board of directors, were released by North Koreans who hacked Sony.

The transaction was unanimously approved by the board of directors of both companies and is expected to close in the second half of 2018, if it's approved by regulators and shareholders.

United has tried to placate shareholders, recently doubling its forecast for stock buybacks in the first quarter to $ 1.5 billion, and expanding its board by three new directors last Monday.

Aspen Group founding chairman Reg Gillard will step down from the developer's board at its annual general meeting in November, to be replaced by non-executive director Frank Zipfinger.

During the first quarter of 2018, the company repurchased approximately 0.4 million shares for approximately $ 30 million related to the $ 500 million share repurchase authorization approved by the company's board of directors in February 2017.

Recently, Equilar, a research firm that focuses on board recruitment, put together a Gender Diversity Index and predicts that the board of directors on the Russell 3000 list — the 3000 largest companies based in the United States — will achieve parity, with a membership made up of 50 percent women and 50 percent men, by the fourth quarter of 2055.

Chicago - based Groupon announced that Lefkofsky, who had been temporarily running the daily deals website since founding CEO Andrew Mason was ousted in February, has been appointed permanent CEO by the board of directors.

Class C directors are elected by the Board of Governors to represent the public, in contrast to Class A and B directors, who are elected by member banks.

The two board additions with airline expertise — James Whitehurst, former chief operating officer of Delta Air Lines (DAL), and Robert Milton, former CEO of Air Canada — were previously vetted and mentioned as potential directors by PAR and Altimeter, the people familiar with the situation said.

His hard - charging style aided Uber's rise, but ultimately undermined his effectiveness as CEO, leading to his removal by the company's board of directors.

Venture capitalists often demand significant input into management decisions by, for instance, placing one or more people on your board of directors.

Look for two or three people with whom you don't compete and who don't work with you and use them to form your own «board of directors,» a strategy promoted by Stanford Graduate School of Business professor Jeffrey Pfeffer.

Perhaps you only want the document to be edited by you and your data - entry assistant, but you want your investors to be able to view the data, and you want to ensure that your board of directors can comment.

That position is likely to be filled by Darren Woods, the company's president and member of the board of directors.

I have taught and advised hundreds of women who are enormously frustrated at the blockage on boards by over-tenured, over-boarded, entrenched pedigree directors.

The list of potential directors, chosen by a committee expected to be made up of sitting directors and search - firm consultants, will eventually be available online to assist boards looking for female directors.

One thing I can say, however, is that I have had the good fortune of interviewing and seeing how one or two excellent board or committee chairs, or directors on a board, can completely reform and turn around risk management of an entire large, complex organization by pressing management and holding them accountable.

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.

Employee stock - option programs are typically authorized by a company's board of directors (and have historically been approved by the shareholders) and give the company discretion to award options to employees equal to a certain percentage of the company's shares outstanding.

In what was possibly a preemptive move by the company, the Wells board of directors decided to take back $ 41 million in stock - based compensation from Stumpf along with just over $ 16 million in stock options from former community - banking head Carrie Tolstedt.

Another prong in No Ceilings» new program is an effort by the nonprofit Catalyst to create what's being billed as an annual list of CEO - endorsed female candidates who are ready to serve as directors on U.S. corporate boards.

They are seeking damages from former CEO Gene Isenberg and current CEO Anthony Petrello as well as members of the board of directors in a federal class action lawsuit filed by the Erie County Employees Retirement System.

Whole Foods hired the advisory firm Evercore Partners earlier this year to defend itself from pressure by activist shareholder Jana Partners, which announced in April it had amassed an 8.3 percent stake and pushed for changes to the Whole Foods board of directors.

«The decline in confidence was fueled by a somewhat less optimistic outlook for business and job prospects in the coming months,» Lynn Franco, Director of Economic Indicators at The Conference Board, said in a statement.

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.

Natural Gas Development Minister Rich Coleman said the company now needs to find ways reduce costs so the project will be approved by its board of directors.

It means authenticity, candor, reliability, confidentiality, solidarity, and a willingness to accept personal accountability and be bound by board decisions and a director's own role within them.

Rockwell has a staggered board of directors and no ability to act by written consent to call a special meeting, making a hostile approach more difficult.

OSTK SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Overstock.com, Inc..

STEVENSON, Md. --(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DCT Industrial Trust Inc. (NYSE: DCT)(«DCT Industrial» or the «Company») relating to the proposed buyout of DCT Industrial by Prologis, Inc..

The sale of the Cisco SPVSS business has been approved by Cisco's Board of Directors.

Analysts, however, said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems accumulating for GE.

There have been numerous times when Musk's endeavors would have benefited by having more capital, yet he has resisted the urge to take SpaceX public because the board of directors of a publicly - held firm would undoubtedly force him to make changes in the company that would improve its profitability at the expense of its chances for reaching Mars.