Sentences with phrase «board oversight in»

The Federal Reserve told Wells earlier this year its growth would be limited until it can get its risk management, governance and board oversight in check.

Not exact matches

April 30 - A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014..

In addition to the removal of Fielding as CEO, the startup is «taking a number of steps to improve Ripcord's culture, including but not limited to increased training, reporting mechanisms and Board oversight,» the representative said.

I had no dealings with him when he ran the Federal Reserve, but I watched him bungle Arthur Andersen after he was appointed to chair Andersen's independent oversight board when the firm was marred by its role in the Enron scandal.

April 30 (Reuters)- A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014.

In this case, you are asking your board to help you with issues like financial oversight and governance.

The oversight board inspects about 50 audits a year by the big firms to make sure they meet regulatory standards, but it doesn't tell the accounting firms in advance which audits it wants to inspect.

He downloaded information from the oversight board about KPMG's upcoming inspection and brought it with him to a new job at KPMG in 2015.

Watch Lane and the board's oversight in the coming months.

In the Sanofi board's case, it's all too clear that there were lapses in communications and oversighIn the Sanofi board's case, it's all too clear that there were lapses in communications and oversighin communications and oversight.

But regarding where the CEO lived, Weinberg showed how little the board was in charge and his own ambivalence about the board's level of oversight.

As a matter of governance, the board is assigned to perform its oversight in the best interests of the company and all of its shareholders and stakeholders.

Its board of auditors (an oversight structure in Japan that does not exist in the U.S.) commissioned such a report in May 2009 and found no wrongdoing.

Wells Fargo said in a release that within 60 days it will provide details to the Fed about a plan for enhancing the board's governance oversight and the company's compliance and operational risk management.

In February, the Federal Reserve Board in Washington imposed an unprecedented ban on further asset growth at Wells Fargo until Wells Fargo improves board oversight and risk managemenIn February, the Federal Reserve Board in Washington imposed an unprecedented ban on further asset growth at Wells Fargo until Wells Fargo improves board oversight and risk manageBoard in Washington imposed an unprecedented ban on further asset growth at Wells Fargo until Wells Fargo improves board oversight and risk managemenin Washington imposed an unprecedented ban on further asset growth at Wells Fargo until Wells Fargo improves board oversight and risk manageboard oversight and risk management.

In addition, the Board has delegated oversight of certain categories of risk to the Audit and Compensation Committees, which are comprised entirely of independent directors.

The Audit Committee serves a Board - level oversight role, in which it provides advice, counsel, and direction to management and to the auditors on the basis of the information it receives, discussions with management and the auditors, and the experience of the Audit Committee's members in business, financial, and accounting matters.

In the letter, in addition to Mr. Kalanick's immediate resignation, the five shareholders asked for improved oversight of the company's board by filling two of three empty board seats with «truly independent directors.&raquIn the letter, in addition to Mr. Kalanick's immediate resignation, the five shareholders asked for improved oversight of the company's board by filling two of three empty board seats with «truly independent directors.&raquin addition to Mr. Kalanick's immediate resignation, the five shareholders asked for improved oversight of the company's board by filling two of three empty board seats with «truly independent directors.»

Audit Committee The Audit Committee assists the Board of Directors in fulfilling its oversight responsibilities by monitoring the Company's financial reporting practices and financial disclosure.

As described under «Committees of the Board,» each of the Board's committees is responsible for oversight of specific risks as outlined in each of its charters.

However, this increased oversight and transparency does not necessarily translate into less spending, as companies with board oversight of political expenditures spent about 30 % more in 2010 than those without such explicit policies.

Third, everyone in Silicon Valley should read the recommendations Eric Holder delivered to Uber's board — in particular, the section on enhancing board oversight.

«Not only will each independent chairman set each board's agenda... the independent chairman can direct a board's attention to the matters most in need of critical review and oversight,» SEC chairman William Donaldson stated in a 2004 speech to the Independent Directors Council.

Recent developments, including ongoing investigations into bribery and corruption at the Company's subsidiaries in Mexico, China, Brazil, and India; new revelations of accounting fraud at the Company's China operations; a recent ruling by a National Labor Relations Board Administrative Law Judge against the Company for its illegal discipline of employees; and, the NLRB decision to authorize a nationwide complaint against the Company for violations of the National Labor Relations Act, highlight the need for enhanced oversight of Wal - Mart's corporate culture and behavior.

This diverse expertise and experience, gained in most cases from leading large, complex organizations, provide the Board as a whole with the ability to fulfill its oversight responsibilities to the Company's stockholders.

The initial investments are expected to become operational starting in May 2018, and will be managed directly by ELLAAL GOLDBERG SA, with oversight from a bilateral executive media board, which will receive and analyze the investment proposals within the Romanian market.

These Corporate Governance Guidelines (these «Guidelines») have been adopted by the Board of Directors (the «Board») of Franklin Resources, Inc. (the «Company» or «Corporation») in connection with its oversight of the Company's management and business affairs.

We believe that independent Board leadership would be particularly useful at Amazon in providing more robust oversight regarding sustainability issues.

We believe this structure of a separate Executive Chairman of our board of directors and Chief Executive Officer, combined with a Lead Independent Director, reinforces the independence of our board of directors as a whole and results in an effective balancing of responsibilities, experience and independent perspective that meets the current corporate governance needs and oversight responsibilities of our board of directors.

The Audit Committee represents and assists the Board in fulfilling its oversight responsibility relating to our financial statements and financial reporting process, the qualifications, independence, and performance of our independent auditors, the performance of our internal audit function, legal and regulatory matters, and our compliance policies and procedures.

In our view, shareholder value is enhanced by an independent Board Chair who can provide a balance of power between the CEO and the Board and support strong Board oversight.

Her focus is on the kinds of information and processes boards, senior leaders, lenders, and investors need to do their jobs, in their analytic, oversight and strategic capacities.

The leadership structure of our Board of Directors includes (i) a combined Chairman of the Board and Chief Executive Officer, (ii) independent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead Independent Director.

FedEx's strong and independent Board of Directors effectively oversees our management and provides vigorous oversight of FedEx's business and affairs in support of our mission of producing superior financial returns for our shareowners by providing high value - added logistics, transportation and related business services through focused operating companies.

In our view, the Chairman should be an independent director to promote robust oversight of senior executives, and to foster accountability of management to the Board, something that is difficult to accomplish when the most senior member of management also serves as the Board's leader.

The group also recommended that the government should «reinvigorate independent sector oversight with an appropriately resourced» Ontario Energy Board, the regulator of the electricity and natural gas industries in the province.

The U.S. Senate on June 29 approved a bill that will allow Puerto Rico to restructure roughly $ 70 billion of debt in return for accepting involvement by a federal oversight board.

In 2016, Congress voted to establish a so - called «oversight board,» with the aim of restructuring the island's debt.

When assigning hurricane relief funds to communities across the country, the oversight board's austerity policies may also privilege wealthier at the expense of the most vulnerable, argues Natasha Lycia Ora Bannan, also at LatinoJustice PRLDEF, who published an op - ed in the Huffington Post.

This year, the oversight board proposed eliminating subsidies for public housing and nutritional assistance in schools in order to pay back Wall Street creditors.

The police commissioner, James P. O'Neill, last year reduced or rejected the oversight board's disciplinary recommendations in a majority of cases.

The debt - restructuring petition was filed by Puerto Rico's financial oversight board in the U.S. District Court in Puerto Rico under Title III of last year's U.S. congressional rescue law known as PROMESA.

We believe that independent and effective oversight of Oracle's business and affairs is maintained through the composition of our Board, the leadership of our independent directors and Board committees and our governance structures and processes already in place.

Interviewed by Jessica Murphy of Sun Media for a story relating to the alleged conflict of interest by Bank of Canada Governor Mark Carney and role of a board of directors in oversight, December 18, 2012.

Specifically, the Board urges a revival of the oversight role of metropolitans, i.e., archbishops overseeing bishops in their province.

While my efforts to persuade the Board of Selectmen, the town manager, and the Rec Department director to allocate permits in a more equitable fashion, and to use their power to make sure that the programs using town - owned facilities met minimum standards for inclusiveness and safety, fell on deaf ears (we ended up being forced to use for our home games a dusty field the high school had essentially abandoned), I returned to a discussion of the «power of the venue permit» 10 years later in my 2006 book, Home Team Advantage: The Critical Role of Mothers in Youth Sports, where I suggested that one of the best ways for youth sports parents to improve the safety of privately - run sports programs in their communities was to lobby their elected officials to utilize that power to «reform youth sports by exercising public oversight over the use of taxpayer - funded fields, diamonds, tracks, pools, and courts, [and] deny permits to programs that fail to abide by a [youth sports] charter» covering such topics as background checks, and codes of conduct for coaches, players, and parents.

In addition, governors should appoint home visiting representatives to the State Advisory Councils on Early Childhood Education and Care and other state - specific early childhood oversight boards.

Shedd is governed by the Shedd Aquarium Society, composed of volunteer corporate, civic and community leaders that make up the 55 - member Board of Trustees with the primary responsibility for governance oversight and fiduciary accountability, as outlined in the Society's bylaws.

1,000 Days Board of Director provides critical guidance and oversight in this area.

As a 501 (c)(3) public charity in the United States, 1,000 Days has an independent Board of Directors that provides oversight and shapes the organization's strategy and priorities.