Arianna Huffington Joins Uber’s Board of Directors
Uber’s had some public relations challenges over the year, but its new board member might be able to help. On Wednesday, the San Francisco-based ride-hailing giant announced that Huffington Post...
View ArticleMarvell Adds Starboard Nominees to Board Amid Investor Pressure
Marvell Technology reached an agreement with Starboard Value on Wednesday, saying it will add three new directors nominated by the activist hedge fund, which has agitated for changes at the company...
View ArticleChipotle’s Shareholders Just Voted for More Power to Pick the Company’s Board
Chipotle Mexican Grill’s shareholders approved a proposal on Wednesday to give investors more power to shake up the burrito chain’s board after a string of food safety-related outbreaks undermined...
View ArticleChipotle Shareholders Want to Know Why The Grill’s Board Is So Stale
Is Chipotle's 'stale, pale, and [almost] male' board the cause of the company's problems? Shareholders appear to think so. Al Baldocchi, a director since 1997, saw 21% of shareholders vote against him....
View ArticleViacom Independent Directors Vow to Fight Redstone’s Ouster Attempt
Viacom’s six independent directors vowed on Monday to fight any attempt to oust them from the board, saying they found “inexplicable” the assertion that controlling shareholder Sumner Redstone was...
View ArticleFitbit Adds Two Women From Retail Industry to Board
Fitbit added two women with deep experience in retailing to its board of directors on Wednesday. Laura Alber, president and chief executive officer of Williams-Sonoma, and Glenda Flanagan, executive...
View ArticleSumner Redstone’s Firm Is Considering These Replacement Viacom Board Members
Sumner Redstone’s National Amusements, which holds 80% of Viacom voting shares, has started looking for potential board members for Viacom, the Wall Street Journal reported, citing people familiar with...
View ArticleJudge Says Sumner Redstone Can’t Toss the Viacom Board Just Yet
Viacom’s directors can stay in place, at least for now, as a Delaware judge said at a hearing on Wednesday that a legal fight over the media company’s board may turn on the mental competence of...
View ArticleThe Truth about Lululemon’s “Mystery” Board Member
Early this week, Lululemon Athletica found itself in the news for a very peculiar reason: a news outlet questioned if apparel maker’s longest-serving board member was an actual person. Spoiler alert:...
View ArticleTim Cook Becomes Nike’s Lead Independent Director
Nike said Apple CEO Tim Cook has become the lead independent director on the athletic gear maker’s board, while simultaneously announcing co-founder Phil Knight has officially retired from the board...
View ArticleAlmost Half of Williams Directors Quit a Day After Energy Transfer Merger Fails
Six of Williams Cos’s directors, including the pipeline company’s chairman, resigned on Thursday after a failed attempt to oust Chief Executive Alan Armstrong, three sources familiar with the matter...
View ArticleTwitter Adds Former Facebook CTO Bret Taylor to Its Board
Twitter has added a social media veteran to its board of directors. On Tuesday, the company announced it has appointed Bret Taylor to its board. Taylor was Facebook’s chief technology officer from 2009...
View ArticleIntel Adds Second Woman to Board of Directors
Intel added electrical engineering professor Dr. Tsu-Jae King Liu to its board of directors, marking just the second woman on the chipmaker’s governing body. Liu joins lawyer and former ambassador...
View ArticleLululemon’s ‘Mystery’ Board Member Resigned
A mysterious, long-serving Lululemon Athletica board member has resigned from her position, just several weeks after various media outlets raised questions about her education and professional...
View ArticleExclusive: ForeScout Preps for Possible IPO Adding McKesson Finance Chief to...
ForeScout, a 16-year-old cybersecurity firm based in San Jose, Calif., is putting people in place to plan for a possible initial public offering. ForeScout appointed James Beer, executive vice...
View ArticleAlcoa Board Approves Plan to Split the Company Into 2 in November
Aluminum producer Alcoa Inc said on Thursday its split into two publicly traded companies is expected to be effective Nov. 1, after the company’s board approved the separation. Alcoa aa said last year...
View ArticleWells Fargo ex-CEO John Stumpf Resigns From Chevron and Target Boards
John Stumpf resigned from the boards of Chevron and Target a week after he quit Wells Fargo as chief executive bowing to pressure over its sales tactics. Stumpf resigned for personal reasons and not as...
View Article‘Jac the Knife’ Nasser Is Stepping Down as BHP Billiton Chairman
BHP Billiton Chairman Jac Nasser, one of the most powerful figures in the mining industry, will retire at next year’s shareholder meeting, telling investors on Thursday that after a decade on the...
View ArticleOne of Silicon Valley’s Most Prominent Investors Is Joining Lyft’s Board of...
Famed Silicon Valley investor Ben Horowitz is joining Lyft’s board of directors, the company said on Monday. Horowitz’s venture capital firm, Andreessen Horowitz, first invested in the pink-mustachioed...
View ArticleWhat’s Behind the Year of Corporate Scandals
Superlawyer Ira Millstein was appalled by the news that former Senate Majority Leader and Republican presidential nominee Bob Dole, working for the Taiwan government, had midwifed Donald Trump's...
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