Sentences with phrase «many board committees»

You'll also need to have board committees charged with particular tasks, such as auditing and compensation.

Although Thiel is still on the board at Facebook, a leaked email from Reed Hastings — the CEO of Netflix and chairman of the Facebook board committee — to Thiel shows how strongly Hastings felt about his stance.

In the week leading up to Thursday's meeting, Icahn's team and Dell's special board committee - which supports the CEO's proffered deal - have flooded shareholders with letters and documents to argue their respective positions.

These board committees are important for the merger because T - Mobile and Sprint are majority owned by Germany's Deutsche Telekom and Japan's SoftBank, respectively, and could be left vulnerable to potential lawsuits from minority shareholders if they don't establish independent mechanisms to review the deal.

The companies» special board committees have also hired financial advisers to help them deliver fairness opinions, the sources added.

Sanger is a member of the board committee that, according to the firm's proxy statement, «oversees the company's incentive compensation practices so that they are consistent with the safety and soundness of the company.»

Dell's special board committee had recommended Michael Dell's offer to shareholders.

On March 26, the company revealed the results of an independent board committee investigation into $ 56 million in payments the firm made to commercial agents, typically people on the ground in foreign countries who help SNC - Lavalin win contracts.

Last month, the company announced that Pearson would be stepping down and that Ackman would be joining its board, after a board committee probe into the company's dealings with specialty pharmacy Philidor RX Services uncovered accounting problems dating back to December 2014.

Both CBS and Viacom have formed independent board committees to consider a merger at the behest of NAI, and whether terms of a merger can be agreed is now up to them.

Each member of the Board and our Chief Executive Officer is subject to the following minimum stock ownership requirements: (i) each director shall own shares of Tesla stock equal in value to at least five times the annual cash retainer for directors (exclusive of retainer amounts for service as Lead Independent Director or as a member or chair of a Board committee), and (ii) our Chief Executive Officer shall own shares of Tesla stock equal in value to at least six times his / her base salary.

Any amendment to, or waiver of, the BCGs that applies to our directors or executive officers may be made only by the IBM Board or a Board committee and would be disclosed on IBM's website.

Below, they identify the issues that are expected to make headlines and to keep board committees up at night.

> Maintenance of Board Committees including Audit, Compensation and Nominating and Corporate Governance Committees, all comprised entirely of fully independent directors;

Each automatic triennial stock option grant and each stock option grant for service as lead independent director, member of a Board committee or chair of a Board committee, in each case as described above, will vest 1/36 per month for three years starting on the one month anniversary of the vesting commencement date, subject to continued service in the capacity for which such grant was made (except that if a director who was granted such an option ceases to be a director on the day before an annual meeting that is held earlier than the anniversary date of the vesting commencement date for that calendar year, vesting will accelerate with respect to the shares that would have vested if such director continued service through such anniversary date).

We believe this structure allows for a collective focus by our independent directors on the various complex matters that come before Board committees.

Each of the Board committees is comprised solely of independent directors, and each committee has a chair.

She has actively contributed and provided leadership on our board committees.

In the week leading up to Thursday's meeting, Icahn's team and Dell's special board committee, which supports the CEO's offer, flooded shareholders with letters and documents to argue their positions.

All Board committees are made up solely of non-management directors, a majority of whom are unrelated directors.

This column reflects the annual retainer, committee chair retainers, the Lead Independent Director retainer, retainers for service on multiple Board committees, additional payments to certain directors for attendance at Board meetings that required intercontinental travel, and the additional Audit Committee fees described above.

Additional information regarding the members of the Audit Committee and the Audit Committee's roles and responsibilities is set forth under «Proposal No. 1 — Election of Directors» and «Board Committees» on pages 12 - 22 and 30 - 31 of this proxy statement.

Similarly, each Board committee chair leads a discussion of the evaluation results for that committee.

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.

Now, as Wall Street executives come under pressure from shareholders for their mounting subprime - related losses, Mr. Steel's mix of a Goldman pedigree and years in the thick of the government's effort to grapple with the housing crisis has made him a short - list regular on investment bank board committees looking for new leadership.

Annual Board and Board committee evaluations are an important tool for promoting Board and Board committee effectiveness.

As a whole, during fiscal 2015, our directors attended approximately 98 % of the aggregate number of Board meetings and meetings of Board committees on which they served, and 13 of the 15 director nominees had perfect attendance.

For weeks, speculation about the company's future has shifted to high gear, after BlackBerry announced the formation of a board committee to explore all strategic options, including an outright sale of part or all of the company.

National Amusements may contact CBS and Viacom as early as this week to ask them to form such independent board committees, one of the sources said.

In addition, a board committee said its five - month investigation into Valeant's dealings with pharmacy Philidor Rx Services found broad accounting problems dating back to December 2014.

Our directors do not currently receive any cash compensation for their services as directors or as board committee members.

Thirteen of the 14 director nominees are independent under NYSE rules and the Company's Director Independence Standards, and each of the standing Board committees is comprised solely of independent directors.

Many directors also have experience serving as executive officers, or on boards of directors and board committees of other public companies, and have an understanding of corporate governance practices and trends.

A shareholder proposal by John Harrington and Northstar Asset Management Inc. entitled «Board Committee on Human Rights» to amend the Company's bylaws (Proposal No. 8);

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.

Effective January 1, 2011, upon the recommendation of the GNC, the Board increased to $ 25,000 the annual fee paid to the chair of each standing Board committee other than the AEC, which remained at $ 30,000; set at $ 25,000 the annual fee paid to the chairs of the CRC and Risk Committee, which were formed effective January 1, 2011; eliminated the annual stock option grant; and increased the value of the annual stock award to $ 140,000.

He has also served as Delaware counsel for directors and board committees for such corporations as ABB, Ltd., Adelphia Communications Corporation, Airgas, Inc., Affiliated Computer Services, Inc., Alpha Natural Resources, Inc., AMF Holdings, Inc., Anheuser Busch Companies, Inc., Applied Materials, Inc., Ashworth, Inc., Bank of America Corporation, BarnesandNoble.com, Biosite, Inc., Cablevision Systems Corporation, Caterpillar, Inc., Citigroup, Inc., Clear Channel Outdoor Holdings, Inc., Coeur Mining, Inc., Computer Associates International, Inc., Cornerstone Therapeutics, Inc., Countrywide Financial Corporation, Countrywide Home Loans, Inc., Cysive, Inc., Danfoss A / S, Dreamworks Animation SKG, Duncan Energy Partners, E. I. du Pont de Nemours & Co., Inc., EON Labs, Inc., Epicor Software Corporation, Erickson Air Crane Inc., Fairfield Communities, Inc., FEDEX Corporation, First Franklin Financial Corporation, Fox & Hound Restaurant Group, FTI Consulting Inc., G.P. Strategies Inc., Gemstar International Group Ltd., Genencor International, Inc., Golden Telecom, Inc., Goldman Sachs, Google Inc., Health Management Associates, Inc., Hewlett - Packard Company, Hilton Worldwide Holdings, Inc., Houlihan's Restaurants, Inc., Huntsman Corporation, IGEN, Inc., ImClone Systems Incorporated, infoUSA, Inc., Insituform East, Inc., Intel Corporation, IntercontinentalExchange, Inc., iPass, Inc., Kenetech Corporation, Levi Strauss Associates, Inc., Liberty Media Corporation, Lifepoint Hospitals, Inc., Lorillard, Inc., Maytag Corporation, Micro General Corporation, Motorola, Inc., National Amusements, Inc. (majority stockholder of Viacom), National Steel Corporation, Net2Phone, News Corporation, NRG Energy, Inc., OEC Corporation, Online - City Search, Inc., PeopleSoft, Inc., Pharmacia Corporation, Phonefree.com, PLM International Inc., Printcafe Software, Inc., Pure Resources, Inc., Quest Software, Rent - A-Center, Inc., Rental Service Corporation, Republic Industries, Inc., Rockefeller Center Properties, Inc., Siliconix Incorporated, Simon Property Group Inc., Softbank Corp., Sotheby's, Space Imaging, Inc., Stock Building Supply Holdings, Inc., Suntory Holdings Limited, Take Two Interactive Software, Inc., Teppco Partners, L.P., The Hertz Corporation, The Talbots, Inc., Teva Pharmaceuticals USA, Inc., The Vanguard Group, Inc., The Walt Disney Company, TicketMaster, Todd A-O Corporation, Triad Hospitals, Inc., Unico Corporation, UTStarcom, Inc., Utz Quality Foods, Inc., Venoco, Inc., Veterinary Centers of America, Inc., VMWare, Inc., Walmart Stores, Inc., Walter Industries, Inc., Wheeling - Pittsburgh Corporation, Whistlepig, LLC, Wynn Resorts, Ltd., Zynga, Inc..

The research revealed that family firm board committees often benefit from a balance of points of view, including that of the controlling family.

We believe that independent and effective oversight of Oracle's business and affairs is maintained through the composition of our Board, the leadership of our independent directors and Board committees and our governance structures and processes already in place.

All agendas of the meetings are set by the Chairman of the Board in consultation with the Board committee Chairpersons and the Lead Independent Director, as necessary.

The Board has developed written position descriptions for the Chairman of the Board, the Lead Independent Director in the event that the Chairman is not independent, for the Chairperson of each Board committee and the CEO.

In addition, volunteers serve as Board Committee Members on the various Historical Society committees.

The $ 1.5 million bid from Pacific Construction Services, 3949 N. Pulaski Rd., was the lowest from the six companies competing for the work, Robert Rejman, the parks» director of lakefront construction, told a board committee meeting Wednesday morning.

He said that information will be released next week at the board committee meeting.

The district's construction manager is recommending that Pacific Construction Services, 3949 N. Pulaski Rd., be awarded the contract, according to an agenda released Friday for a Park District board committee meeting, to be held Wednesday.

A year ago, neighbors protested so loudly that a DuPage County Board committee sent the small Butterfield Park District back to the drawing board on plans to build a fieldhouse in one of its parks.

An Orland Park Village Board committee delayed a possible decision on the matter until its Feb. 26 meeting, saying it wanted to ask the Orland Park - based school district to agree to allow the larger Sandburg High School campus to be annexed as well.

«The administrative recommendation at this point is that we not have restrictions of peanuts or peanut products in our buildings,» Supt. Maureen Hager said Tuesday at a board committee meeting.

A Park District board committee is expected to give preliminary approval Wednesday to a three - year contract worth at least $ 1.2 million to SMG Management Inc., which runs more than 150 sports facilities and convention centers around the country.

During an end - of - year update on security initiatives at a school board committee of the whole meeting, Hughes said district staff had been testing cameras at Orland Jr..