Sentences with phrase «management at every board»

However, only half received credit for ensuring that independent directors meet without management at every board meeting (a practice that is hugely important according to family firm directors).

A membership survey, conducted at TREB's AGM in January, also supported financial reforms, indicating by just over 65 per cent that the respondents were dissatisfied with financial management at the board.

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.»

NEW YORK / TOKYO, May 2 - Xerox Corp said its CEO and most of its board will step down to settle a suit brought by shareholders Carl Icahn and Darwin Deason, with new management planning to look at restructuring or terminating a contentious deal with Fujifilm Holdings.

Throughout his career, he's developed deep ties with China, serving as a board member at both China Unicom, and Industrial and Commercial Bank of China, and has taught at the Tsinghua University School of Economics and Management in Beijing.

«Short - term behaviour destroys value,» says Poul Winslow, head of thematic investment and external portfolio management at the Canada Pension Plan Investment Board (CPPIB).

«Management and the board believe the current market multiple does not reflect the true value of the standalone, pure - play businesses,» said Michael Bellisario, an analyst at Robert W. Baird & Co..

Cohen, 51, first caught Trump's eye in the early 2000s when, as a member of the condo board at a Trump property, he took it upon himself to wade into a nasty dispute between Trump's management company and some residents at a skyscraper near the United Nations.

Boards now need to know what best practice reporting channels are, when to get involved and even when to lead an investigation of conduct that involves management and can put the reputation of the organization at risk.

Dene Rogers, who held the top job at Sears since 2006, had told his board two years ago that he would be decamping with his family back to the United States once Sears weathered the recession and hired a management team that could take the business forward.

It seems to me that if the above steps are followed, and a culture of risk management and tone - at - the - top is set by the board, it's much less likely that «we missed it» will occur.

Researchers from the Kellogg School of Management and the University of Michigan interviewed 42 executives at large U.S. companies and identified several flattery techniques the executives used successfully on their peers to secure board seats at other firms.

Icahn disclosed a 7.13 % stake late last month, at which time he only made formulaic statements made about the shares being «undervalued» and that there would be discussions with the company's management and directors to «improve performance,» pursue «strategic alternatives,» and discuss «board representation.»

That investment decision, importantly, also seems to get the backing of Unilever's board of directors: «At the board level, at the senior management level, they are apparently 100 % behind this,» Polman tells me — a proposition tested as recently as February, when Kraft Heinz made an unsolicited offer for the companAt the board level, at the senior management level, they are apparently 100 % behind this,» Polman tells me — a proposition tested as recently as February, when Kraft Heinz made an unsolicited offer for the companat the senior management level, they are apparently 100 % behind this,» Polman tells me — a proposition tested as recently as February, when Kraft Heinz made an unsolicited offer for the company.

Perth - based director Andrew Chapman is at the centre of an escalating battle between the board and the management team at US - focused tech company 1 - Page over control of the business and its $ 30 million of cash.

JPMorgan lead director Lee Raymond, a former Exxon Mobil CEO, told shareholders at last month's meeting to expect management to reflect on the board's structure in light of the way the votes came down.

It has been a busy year at Tiffany with «significant» changes to both the board and management.

In June, Icahn presented the board with a counteroffer that would value shares at $ 14 and informed the board that he had purchased 72 million shares of Dell Inc. stock from Southeastern Asset management, the PC manufacturer's largest outside shareholder.

«The management brings up these issues at each board meeting.»

Valeant shares, down 10 % on Monday after a Wells Fargo research note said its board and management «have made decisions that may have put Valeant at significant business and reputational risk,» took another hit when Bloomberg News reported CVS's decision.

WHO: Joan P. Neuscheler, principal at Tullis - Dickerson & Co., a venture - capital firm in Greenwich, Conn., and board member of AmericasDoctor, which (among other things) offers a health - information Web site for consumers RATING: 4 «I think they have strong management and a good board of directors — and that's usually the first place I look for flaws.

In fact, the 87 - year - old founder, long since retired from the board, has made a sport of trolling management at the company he started.

The 43 - member Board of Governors is the seat of power at AMPAS, with ultimate authority over corporate management, control and general policies, including Oscar rules and the invitation of new members.

«The CBC is at a turning point and we have the right management team, the right board to ultimately seize the opportunities that are out there,» Joly said.

Farmers operating under supply - management boards in the Canadian dairy, chicken and other protected agricultural sectors can be expected to offer justifications for the market power that enables them to sell their wares at prices substantially higher than in most other countries.

Investors representing nearly 20 % of Jazz's shares have held talks with the company's top executives and board since the beginning of the year to voice their views, though the talks have accelerated in the past several weeks, the people said, adding that conversations with management remain friendly at this point.

However, Facebook's board is also proposing to remove Zuckerberg's majority control should he one day exit any management role at the company.

When we look at the data globally, we often see the research and attention on women at the top or on the board, but the biggest issue is really the drop - off at the middle - management stage, where women leave at about twice the rate men do.

Many boards and management have immature risk management, deficient — or at times non-existent — controls over IT, operational, and reputation risks.

But in my experience, it's surprising at how little time we as investors and as board members and startups as management teams spend thinking about how to create the best team dynamics.

«There are a great many young people considering forgoing the traditional post-secondary education route in favor of less debt, more employer - sponsored training, and more employment opportunities [according to the Universum research],» said China Gorman, newly installed as Universum's chairman of the board for North America and former chief operating officer and interim CEO at the Society for Human Resource 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 manageBoard in 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.

The recommendations to change Uber's culture consisted of 10 main categories aimed at creating accountability for Uber's senior management, enhancing the board's oversight and revamping the company's internal controls.

Board members have access to all of our employees outside of Board meetings, and the Board has a program that encourages each director to visit different Intel sites and events worldwide on a regular basis and meet with local management at those sites and events.

To align the interests at the highest level of our management with those of our stockholders, the Board has instituted the following requirements relating to stock ownership under our Corporate Governance Guidelines.

Ray Ferrara, the former chairman of the Certified Financial Planner Board of Standards who's chairman and CEO of dually registered ProVise Management Group in Clearwater, Florida, noted on a panel discussion at the event that he expects his firm to shell out «less than $ 10,000 in our hard costs» to comply with the fiduciary rule, but didn't anticipate «any significant ongoing [compliance] costs.»

According to Nikkei, the Accounting Standards Board of Japan has begun to develop a framework for the management of virtual currencies, but the organization is expected to take at least six months to create a practicable accounting method.

Mike is a frequent volunteer at Stanford University, currently serving as the national chair of The Stanford Fund, on the GSB Management Board, the Precourt Energy Institute, the DAPER Fund, and several ad hoc committees.

That is unlikely to soothe the unrest at Yahoo, however, since activist investors like the Starboard Value hedge fund are pushing for new management, a new board and a new strategy, including a possible sale of Yahoo's operating businesses.

At its meeting today, the Supervisory Board also decided on two new appointments to the Group Board of Management.

As a Visiting Scholar at the Rotman School of Management (more specifically at the Clarkson Centre for Business Ethics and Board Effectiveness), I've been thinking a lot lately about how we educate tomorrow's business leaders.

The Parliament's Public Accounts Committee (PAC) said senior management at 1MDB withheld crucial information from the board and made transactions without its knowledge or approval.

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

Oaktree Capital Management — TPUB's second largest shareholder at 14 %, after Ferro's own 16 % — issued the unmistakable threat of such a suit, in an address to the Tribune board: «Our conclusion is that we are convinced that you and Tribune's management should engage Gannett immediately and seek to negotiate a transaction in the interest of all Tribune shaManagement — TPUB's second largest shareholder at 14 %, after Ferro's own 16 % — issued the unmistakable threat of such a suit, in an address to the Tribune board: «Our conclusion is that we are convinced that you and Tribune's management should engage Gannett immediately and seek to negotiate a transaction in the interest of all Tribune shamanagement should engage Gannett immediately and seek to negotiate a transaction in the interest of all Tribune shareholders.

The restrictions imposed by federal law currently require that no more than 25 % of our voting stock be voted, directly or indirectly, by persons who are not U.S. citizens, and that our president and at least two - thirds of the members of our board of directors and senior management be U.S. citizens.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

The restrictions imposed by federal law currently require that no more than 25 % of our stock be voted, directly or indirectly, by persons who are not U.S. citizens and that our president and at least two - thirds of the members of our board of directors and senior management be U.S. citizens.

We are also subject to restrictions imposed by federal law that require that no more than 25 % of our stock be voted, directly or indirectly, by persons who are not U.S. citizens and that our president and at least two - thirds of the members of our board of directors and senior management be U.S. citizens.

In order to encourage significant stock ownership by our directors and senior officers, and to further align their interests with the interests of FedEx's stockholders, the Board of Directors has established a goal that (i) within four years after joining the Board, each non-management director own FedEx shares valued at three times his or her annual retainer fee, and (ii) within four years after being appointed to his or her position, each member of senior management own FedEx shares valued at the following multiple of his or her annual base salary:

NEW YORK (AP)-- The problems at Wells Fargo and its overly aggressive sales culture date back at least 15 years, and management had little interest in dealing with the issue until it spiraled out of control resulting in millions of accounts being opened fraudulently, according to an investigation by the company's board of directors.