Sentences with phrase «by the board of directors in»

After the two designed their breakthrough invention — a router that connects computer networks — and spent six years building the company, Lerner was fired by its board of directors in 1990, the same year Cisco went public.

During the third quarter, NIKE, Inc. repurchased a total of 14.6 million shares for approximately $ 962 million as part of the four - year, $ 12 billion program approved by the Board of Directors in November 2015.

The most recent response provided by the Board of Directors in 2013 updated for certain changes in Berkshire's energy - generating holdings during the past year follows.

In the event of a change in control of our company, if determined by the board of directors in the applicable award agreement or otherwise determined by the board of directors in its discretion, any outstanding awards which are unexercisable, unvested or subject to lapse restrictions shall automatically be deemed exercisable, vested or no longer subject to lapse restrictions.

He worked with Carey on carrying out recommendations by the AAAS Committee on Future Directions, created by the Board of Directors in 1975, for organizational changes intended to better enable AAAS to carry out its declared objectives.

We plan to distribute $ 10,000,000 shortly after the closing of the Merger, with the remaining $ 4,000,000 to be distributed in $ 2,000,000 increments at six months and 12 months after the closing of the Merger, subject to possible holdbacks for potential liabilities and on - going expenses deemed necessary by our board of directors in its sole discretion.

• Mr. Sansone and any replacement director will sign a conditional resignation from the Board of Directors, which may be accepted by the Board of Directors in the event that Lamassu's beneficial ownership of Ditech common stock falls below 5 % of the outstanding Ditech common stock;

The amount of the application fee shall be fixed by the Board of Directors in an amount reasonably calculated to defray the expenses of processing the application.

NAR's credit policy, approved by the Board of Directors in November 2010, states that the credit and lending communities, as well as federal regulators should reassess the entire credit structure and look for ways to increase the availability of credit to qualified borrowers who are good credit risks.

The PAG's proposal and other critical budget decisions will be vetted over the next several months; if they advance, they'll be voted on by the Board of Directors in May.

NAR President Steve Brown presented a framed copy of the NAR resolution commemorating FHA's 80th anniversary that was passed by the Board of Directors in May.

Not exact matches

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.&raquIn 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.&raquin 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.»

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.

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.

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.

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.

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.

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 controlIn 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 controlin 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.

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 TolstedIn 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 Tolstedin stock - based compensation from Stumpf along with just over $ 16 million in stock options from former community - banking head Carrie Tolstedin 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.

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.

BERLIN - Bundesbank speech by President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, Dr. Jens Weidmann, Title: «A spirit of optimism in Europe - Guidelines for a crisis - proof monetary union» at XIII.

By the end of the day, Perrigo had basically reached the same conclusion: Just after U.S. markets closed at 4 p.m. on Tuesday, Perrigo announced that its board of directors unanimously rejected Mylan's bid, saying it «substantially undervalues» the company and is not in its shareholders» best interests.

In a letter posted on PR Newswire addressed to Media General's Chairman, CEO, and Board of Directors, Starboard Value LP expressed its concerns about the company's stance regarding certain offers currently on the table — one is a merger deal with Meredith Corp. and the other an acquisition by Nexstar Broadcasting.

The decision differs from most other appointees in that it was made by the New York Fed board of directors and ratified by the Federal Reserve board, rather than by the president.

He also sits on the Board of Directors, and in May 2015 he made a donation of $ 133,000 to the foundation to make up for funding it had lost as a part of the austerity measures put in place by Governor Bruce Rauner to address the state's $ 1.5 billion budget deficit.

Formerly athletic director at the University of Michigan (he resigned amid disapproval from the Board of Regents and student anger over his profit - driven approach to the job), he'd had a successful stint at Domino's Pizza and was recruited by Bain in 2015.

Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.

MILAN, April 23 (Reuters)- A judge ruled in favor of an appeal by Telecom Italia (TIM) 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.

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Analogic Corporation («Analogic» or the «Company»)(NASDAQ GS: ALOG) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by an affiliate of Altaris Capital Partners, LLC («Altaris») in a transaction valued at approximately $ 1.1 billion.

«The board of directors strongly urges you not to sign or return any proxy card sent to you by Trian,» wrote DuPont CEO Ellen Kullman in the company's proxy filing.

If so, it would be yet another belated step for the company's directors, many of whom Redstone appointed, As Fortune previously put it, «It was this tawdry case [the Herzer suit]-- and not a planned corporate succession or steps taken by either board — that forced his belated departure as chairman of the two companies in February, despite his repeated vows that he'd never step down.»

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.

In addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer, change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of DirectorIn addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer, change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Directorin control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Directors.

BofA Merrill Lynch is acting as financial advisor to Loblaw for purposes of this transaction and delivered an opinion to Loblaw's Board of Directors as to the fairness, from a financial point of view, of the consideration to be paid by Loblaw in the transaction.

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 Lead Independent Director.

Even though the announcement indicated that this change in direction had yet to be reflected in any real actions other than a discussion by the company board of directors, NextGen's share price jumped 22 %.

By paying executives for performance that does not generate real cash flows, Valeant's board of directors created the misalignment that precipitated the executive behavior that got the company into so much trouble in the first place.

In addition, our certificate of incorporation will authorize shares of undesignated preferred stock, the rights, preferences and privileges of which may be designated from time to time by our board of directors.

q Proxy Solicited by the Board of Directors for the Annual Meeting of Stockholders — April 26, 2016 Virginia M. Rometty, Martin J. Schroeter, Michelle M. Browdy and Christina M. Montgomery, or any of them with the power of substitution, are hereby appointed Proxies of the undersigned to vote all common stock of International Business Machines Corporation owned on the record date by the + undersigned at the Annual Meeting of Stockholders to be held in the Savannah International Trade & Convention Center, One International Drive, Hutchinson Island, Savannah, Georgia 31402, at 10 a.m. on Tuesday, April 26, 2016, or any adjournment or postponement thereof.

Additionally, adjusted EBITDA is a key financial measure used by the compensation committee of our board of directors in connection with the payment of bonuses to our executive officers.

Members of the Committee are non-management directors who, in the opinion of the Board, satisfy the independence criteria established by the Board, the standards of the Securities and Exchange Commission (SEC) and the NYSE.

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.»