Sentences with phrase «special committee hired»

Meanwhile, the company's special committee hired KPMG to conduct an independent audit of its operations, which included sending accountants to China.

Not exact matches

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

Following several autumn 2016 news articles and blog posts which raised concerns regarding transactions with related parties, particularly with then - CEO Steven Sugarman and members of his family, in October the company issued a press release indicating that the board's «disinterested directors» had hired a law firm and formed a special committee to review the alleged connections and transactions.

Bush hired Rove as a Special Assistant in the Republican National Committee, a job Rove left in 1974 to become Executive Assistant to the co-chair of the RNC, Richard D. Obenshain.

JCOPE Controversy: Four of the 14 commissioners from the Joint Committee on Public Ethics wrote an open letter on the questionable hiring of «special counsel,» a position excluded from the original JCOPE staffing plan, but created previously and now being again filled, this time with Kevin Gagan, who will be chief of staff and counsel, by the outgoing executive director, Letizia Tagliafierro, at the behest of the governor, whom she is leaving to work for.

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And so I can't help but emit some combination of a chuckle and a groan at the reaction to the SUNY Board of Trustees Charter Schools Committee's decision yesterday to permit charter schools to hire teachers without the standard year of coursework and promise to complete a Master's degree but, instead, have 160 hours of instruction in behavior management, lesson planning and other skills; have 40 hours of supervised experience in the field; and pass one exam designed to test strategies for teaching students with special needs and English learners.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

The B.C. branch struck a special committee to report to Geoffrey Cowper, the lawyer hired by the provincial government to carry out its Justice Reform Initiative, and delivered its assessment in a report titled «Justice in Time.»

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