Sentences with phrase «lead independent director»

Dr. Kiran Mazumdar - Shaw serves as Lead Independent Director of the Company.

Importantly, the Board also has a strong and empowered Lead Independent Director who provides an effective independent voice in our leadership structure.

The ousted directors are Dauman himself; attorney George Abrams; lead independent director Frederic Salerno, a former Verizon Communications CFO who has publicly opposed Redstone's earlier moves to assert control; Blythe McGarvie, a former corporate financial executive and Harvard Business School lecturer; and William Schwartz, the former dean of the Boston University Law School.

Also, lead independent director Fred Hassan sits on the Time Warner (TWX) board.)

Perhaps HP needs a board member who was not elected last year at Lane's behest to act as the new lead independent director.

The board's independent directors usually are in the best position to evaluate whether the roles of chairman and CEO should be separate or combined; and if the board decides on a combined role, it is essential that the board have a strong lead independent director with clearly defined authorities and responsibilities;

I look forward to continuing to serve as lead independent director going forward.»

Nonexecutive board chairs (and / or so - called lead independent directors) have been one of the major corporate governance «reform» proposals in recent years.

The Corporate Governance Committee is also responsible for developing and recommending to the Board of Directors corporate governance policies and procedures applicable to the Company, identifying and recommending to the Board of Directors potential director candidates for nomination, and identifying and recommending to the Board of Directors» independent directors potential lead independent director candidates.

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.

He is also Lead Independent Director of TCF Financial Corporation and serves on the boards of several educational and not - for - profit organizations.

The Board appointed Marc A. Utay to serve as the initial Lead Independent Director in addition to his continuing role as Chairman of the Nominating Committee of the Board.

Akerson hand - picked Barra to replace him as CEO, but GM's chairman from January 2014 to now has been retired Cummins CEO and Chairman Theodore Solso, who remains with the company as Lead Independent Director of the board.

Dr. Hopfield is currently the Chairperson of the Board of Trustees of the Joslin Diabetes Center and serves as Lead Independent Director on the Board of Directors of Insulet Corporation.

Firms might want to identify alternative strategies and opportunities to help directors burnish their reputation without exiting the firm, perhaps by creating more nonexecutive chairs or lead independent director positions.

«The decision to build our midstream business in parallel with upstream growth has created one of the strongest midstream companies in the Appalachian Basin,» James Rohr, EQT's lead independent director, said in a statement.

Disney CEO Bob Iger will remain with his company through 2021 to «provide the vision and proven leadership required to successfully complete and integrate such a massive, complex undertaking,» Orin Smith, the lead independent director of Disney's board, said in the release.

The designation of a lead independent director and the appointment of an activist investor to sit on HP's board bodes well for the long - troubled tech giant.

For example, who will become the lead independent director?

What are the chances that HP will have an effective process to choose who the lead independent director will be — and kind of power will the lead independent director really have?

Cook, Apple's CEO, is the lead independent director of Nike's board, so it makes sense he'd choose Nike kicks.

It will be interesting to see how active a role Gupta assumes as lead independent director and the scope of his job description.

In addition, in April 2007, our board of directors appointed John L. Hennessy as our Lead Independent Director.

Our board of directors and each of its committees perform an annual self - assessment, led by the Lead Independent Director, to evaluate the effectiveness of the Board and its committees in fulfilling their respective obligations.

One was the designation of Rajiv Gupta as lead independent director.

Board member Merrill «Pete» Miller, for example, the chief executive of National Oilwell Varco and Chesapeake's lead independent director, took $ 160,000 in free personal flights — twice as much as he spent on business travel.

Our board of directors intends to adopt corporate governance guidelines that will provide that one of our independent directors should serve as our Lead Independent Director at any time when our Chief Executive Officer serves as the

He was previously Chairman of Incyte Corporation (2003 to 2015); Durata Therapeutics Inc. (2012 to 2014); and Lead Independent Director (2011 to 2014) and Director (2001 to 2014) of Smith & Nephew plc..