Sentences with phrase «independent chairman»

A government minister is set to stand down from politics to take up the position as the first independent chairman of the Football Association (FA).

And as Magna notes, under the stewardship of Harris, the company's first independent chairman in over 40 years, a wide range of corporate governance best practices have been adopted since Stronach left.

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

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.

Studies show a mixed impact on shareholder returns when independent chairmen are named to keep a better eye on CEOs.

A 2009 review of studies on independent chairmen by the Millstein Center for Corporate Governance and Performance concluded the impact on performance «was inconclusive,» said Stephen Davis, associate director of Harvard Law School's programs on corporate governance and institutional investors, who helped oversee the review.

In its annual proxy statement, the airline group said it would continue to divide the roles, though the current independent chairman, Robert Milton, will not stand for re-election to the board.

The group also been advocating for an independent chairman of Tesla that isn't Musk.

The enthusiastic atmosphere momentarily turned somber after two shareholder proposals demanded higher wages, better treatment of employees and an independent chairman.

One of the few shareholder resolutions that did not make the proxy this year was for the appointment of a non-executive, independent chairman (i.e. not one of the co-CEOs) who could take charge and hold some feet to the grill.

«Following a series of discussions with the Company's independent chairman, Lord Barker of Battle, Mr. Oleg Deripaska has agreed in principle to the chairman's request that Mr Deripaska reduce his shareholding in the company to below 50 percent,» En + said in the statement.

Mr. Holder also recommended that Uber appoint an independent chairman and create an oversight committee on the board.

«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.

Proxy advisor Glass Lewis opined in a 2016 report that «shareholders are better served when the board is led by an independent chairman who we believe is better able to oversee the executives of the Company and set a pro-shareholder agenda without the

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.

«We think there needs to be an independent chairman of the board.»

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

Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies» equity plans and shareholder proposals for an independent chairman.

Among the shareholder proposals is one to require an independent chairman at the next CEO transition if not before.

Proxy Voting Management Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies» equity plans and shareholder proposals for an independent chairman.

Mr. Scala is the Independent Chairman of our Audit and Compliance Committee elected by the FIFA Congress.

These committees are made up of an independent chairman with a legal background, a representative of the Football League, Premier League, the PFA and the LMA.

A new congressional map was passed by the state legislative commission in late 2011 by a tight vote in which the independent chairman sided with the GOP.

They must have meant everyone apart from professor Nick Frost, independent chairman of the Bradford Safeguarding Children Board, which published the Hamzah Khan serious case review.

«These issues can easily be determined in seven hours rather than seven months, and the solutions are obvious: one CEO and an independent Chairman» stated Mr. Alboini.

At RIM's most recent Annual General Meeting of shareholders, Northwest & Ethical Investments L.P. («Northwest»), an institutional shareholder, proposed that the role of Chief Executive Officer and Chairman be divided and that RIM have an independent Chairman.

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.

«We therefore felt it would be helpful to set up a client advisory board with an independent chairman who can facilitate this thought process, answer our clients» questions independently and provide a sounding board for people as they work out what will be best for them.»

In 2013 Sir Wyn was appointed as the independent chairman of a committee constituted by the Welsh Rugby Union and the four regional clubs in Wales to oversee professional rugby in Wales.

Earlier this week, New York City Comptroller Scott Stringer appeared on CNBC's «Squawk Alley» on behalf of the city's pension funds and called for changes to Facebook's board, including bringing in new board members and an independent chairman.

Stringer has called for an independent chairman to replace Zuckerberg, plus three new directors with experience in data and ethics to help police Facebook's efforts in privacy.

Stringer, who supervises investments for New York City's pension funds, thinks that Zuckerberg should be replaced with an independent chairman and three new directors with experience in data and ethics.