Sentences with phrase «independent board chairman»

The promised reforms, which include stripping Kalanick of some of his power when he returns and hiring an independent board chairman to rein him in, represent the company's most dramatic effort yet to move past the sexual harassment allegations and other scandals that have plagued Uber.

This current Board structure also is consistent with majority practice at large public companies: according to the 2017 Spencer Stuart Board Index, 72 % of companies in the S&P 500 do not have an independent board chairman.

Goldman shareholders also rejected a proposal to require an independent board chairman with a 30 % vote.

Not exact matches

«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 Board has elected Tim Sloan, the Company's President and Chief Operating Officer, to succeed him as CEO, and Stephen Sanger, its Lead Director, to serve as the Board's non-executive Chairman, and independent director Elizabeth Duke to serve as Vice Chair.

Deripaska also agreed with the chairman's proposal that he will resign from the board and consent to the appointment of some new directors so that the board will have a majority of new independent directors, it added.

To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should require that servicers include a range of potential remediation amounts or categories in communication materials and other outreach, such as direct mailings to borrowers, public service announcements, the independent foreclosure review website, regulators» websites, and officials» testimonies and speeches.

«When considering this strategic acquisition, it was important to the Board that Bob remain as Chairman and CEO through 2021 to provide the vision and proven leadership required to successfully complete and integrate such a massive, complex undertaking,» said Orin C. Smith, Lead Independent Director of the Disney Board.

To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should enhance the readability of the request - for - review form on the independent foreclosure review website so that it is more understandable for borrowers, such as by including a plain language guide to the questions.

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 Directors.

In January 2018, following Eric's decision to step down from his role as the Executive Chairman, John L. Hennessy, our Lead Independent Director, was appointed to serve as Alphabet's Chairman of the Board.

Along with a new independent chairman expected to be named later this month, the reconfigured board will effectively be controlled by shareholders — a shift expected to serve as a check on McClendon.

· presides at all meetings of the Board at which the Chairman is not present, including executive sessions of the independent directors,

· preside at all meetings of the Board at which the Chairman is not present, including executive sessions of the independent directors;

The Board believes that its current leadership structure, in which the positions of Chairman and Chief Executive Officer are held by Mr. Musk, together with a Lead Independent Director with broad authority, is appropriate at this time and provides the most effective leadership for Tesla in a highly competitive and rapidly changing technology industry.

As Lead Independent Director, Mr. Viniar will preside over periodic meetings of our independent directors, serve as a liaison between our Chairman and our independent directors, and perform such additional duties as our board of directors may otherwise determine anIndependent Director, Mr. Viniar will preside over periodic meetings of our independent directors, serve as a liaison between our Chairman and our independent directors, and perform such additional duties as our board of directors may otherwise determine anindependent directors, serve as a liaison between our Chairman and our independent directors, and perform such additional duties as our board of directors may otherwise determine anindependent directors, and perform such additional duties as our board of directors may otherwise determine and delegate.

Ahead of Tesla's annual shareholder meeting in June, stockholder Jing Zhao has submitted a proposal to replace the board's chairman, Elon Musk, with an independent director.

In cases where the Board determines it is in the best interests of HP's stockholders to combine the positions of Chairman and CEO, the independent directors will designate a lead independent director.

The Board believes that the Lead Director structure provides the same independent leadership, oversight, and benefits for the Company and the Board that would be provided by an independent Chairman.

The Board is currently led by a non-executive Chairman, Raymond J. Lane, who is an independent director.

Calling executive sessions of the Board or of the non-management or independent directors and advising the Chairman and / or CEO of actions or deliberations at such sessions;

A board led by an independent chairman is best positioned to drive such change.

Ms. Deirdre P. Connelly has served as Independent Deputy Chairman of the Board of Genmab A / S since April 10, 2018.

«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 Directoindependent 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 Directoindependent 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 DirectoIndependent Directors Council.

Of the Board's 15 nominees, 14 directors, or 93 %, are independent directors, and the Board has an actively involved and independent Lead Director who works closely with the Chairman and CEO and, among other things, approves Board meeting agendas and schedules.

Board activities, we believe that at this time they are best left to a dedicated, independent Chairman.

Following these discussions, the Lead Independent Director and the CNGC Chair, with input from the Chairman, Vice Chairman, and Board committee chairs, develop suggested action plans.

We believe the corporate governance measures noted above demonstrate that our Board has embraced independence, and our shareholders have recognized the effectiveness of our current Board leadership structure by re-electing our Chairman, the Lead Independent Director, and other Board members each year.

The Company's corporate governance structure, with its strong emphasis on Board independence, makes an absolute independent chairman requirement unnecessary.

However, if circumstances change in the future, our Board of Directors may revert to a structure that relies on a lead independent director who works with our Chief Executive Officer who is also Chairman of the Board.

Yet, in such companies, the problem is not that one person holds both posts; the problem is that the independent members of the board of directors have delegated to much power to the Chairman.

In some companies, the role of principal executive officer and board chairman are combined, and a lead independent director is designated to chair meetings of the independent directors.

Mal has been an independent non-executive director of Thundelarra since 2003 and is currently also on the board of Iron Ore Holdings Limited, Matilda Zircon Ltd (Chairman), Summit Resources Ltd and Royal Resources Ltd..

Our Executive Chairman of our board of directors and our Chief Executive Officer roles are separate and our independent directors have appointed a Lead Independenindependent directors have appointed a Lead IndependentIndependent Director.

As Chairman of our board of directors, Mr. Lynton presides over periodic meetings of our independent directors and performs such additional duties as our board of directors may otherwise determine and delegate.

The Lead Independent Director will communicate with the Chairman of the Board, disseminate information to the Board and raise issues with management on behalf of the independent directors when aIndependent Director will communicate with the Chairman of the Board, disseminate information to the Board and raise issues with management on behalf of the independent directors when aindependent directors when appropriate.

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 ofIndependent 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 ofindependent perspective that meets the current corporate governance needs and oversight responsibilities of our board of directors.

Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.

Calling special meetings or executive sessions of the Board and calling and presiding at executive sessions or meetings of non-management or independent directors and, as appropriate, providing feedback to the Chairman and CEO and otherwise serving as a liaison between the independent directors and the Chairman;

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 Independenindependent, 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 IndependentIndependent Director.

Ms. Russo, one of our independent directors, is expected to serve as our chairman of the board.

Communications that are intended specifically for the chairman of the board, other independent directors or the non-employee directors should be sent to the e-mail address or street address noted above, to the attention of the chairman of the board.

corporate governance structure, with its strong emphasis on Board independence, makes an absolute independent chairman requirement unnecessary.

One proposal sought to install an independent chairman to direct board committees and activities instead of allowing Tillerson to control both the company and the board as CEO and chairman.

As Lead Independent Director, Mr. Currie will preside over periodic meetings of our independent directors, serve as a liaison between our Chairman and our independent directors and perform such additional duties as our board of directors may otherwise determine anIndependent Director, Mr. Currie will preside over periodic meetings of our independent directors, serve as a liaison between our Chairman and our independent directors and perform such additional duties as our board of directors may otherwise determine anindependent directors, serve as a liaison between our Chairman and our independent directors and perform such additional duties as our board of directors may otherwise determine anindependent directors and perform such additional duties as our board of directors may otherwise determine and delegate.

Because Mr. Dorsey is our Chairman, our board of directors has appointed Mr. Currie to serve as our Lead Independent Director.

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.

Investors want the ailing burrito chain to split the chairman and CEO roles and appoint an independent to run the board.

Stephen Sanger, who had been the lead director on Wells» board since 2012, became the company's independent chairman.

In a letter to shareholders, the independent board members said former director Martin Franklin sought a meeting to be elected chairman and was denied by a «significant majority» of the board before resigning in late January.