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InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...while board members have a fiduciary duty to shareholders....
March 25, 2024
Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
March 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Climate change
US pushed behind scenes for approval of corporate carbon offset plan
...Another significant backer of carbon offsets is SBTi board member María Mendiluce, chief executive of We Mean Business, a founding partner of SBTi, according to people familiar with the leadership....
April 21, 2024
Entain PLC
Entain examines possible sale of overseas gambling brands
...Ricky Sandler, founder of US-based fund Eminence Capital and the first activist to go public with criticisms, has a seat on the committee alongside chair Barry Gibson and another board director....
March 14, 2024
PwC
PwC pushes to loosen rules on independent board members
...Under Moritz, PwC’s global leadership has for the past six years encouraged its local partnerships to increase their use of independent board members....
December 18, 2023
Currencies
Developing country DMOs driving blind
...Ruurd Brouwer is the chief executive of TCX, and Barry Eichengreen is professor of economics and political science at the University of California, Berkeley....
April 19, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Entain PLC
Entain names new chair as hunt for chief continues
...Gibson, who joined the board in 2019 and became chair the following year, has overseen a period of substantial change at the FTSE 100 company, which also owns Coral....
April 4, 2024
Letter
Letter: Post Office scandal exposes board structure limitations
...Laura F Spira Emeritus Professor of Corporate Governance, Oxford Brookes University, Oxford, UK Letters in response to this letter: A functioning board needs non-executive directors / From Barry...
January 18, 2024
Andrew Hill
Dear board directors, please don’t shoot the proxy messenger
...Even so, the proper focus of board members’ ire about revolting shareholders ought to be asset owners and managers themselves rather than the agencies they hire....
April 22, 2024
Entain PLC
Entain appoints head of US activist investor to board
...UK gambling group Entain has appointed the head of one of its largest activist investors to its board, weeks after the company’s former chief executive quit following a backlash over a slumping share price...
January 3, 2024
Lex PopuliRetail sector
Loyalty schemes pay for shoppers and shareholders
...First, repeat custom is cheaper than bringing new customers on board....
April 12, 2024
Entain PLC
US fund Corvex urges Entain to turn around ‘unacceptable’ performance
...group’s chair Barry Gibson and interim chief executive Stella David to examine a possible sale of the company or some of its assets....
December 14, 2023
OpenAI
Sam Altman returns to OpenAI’s board after review finds firing was unwarranted
...Former US Treasury secretary Larry Summers was appointed to the board late last year. A member of the previous board, Quora chief executive Adam D’Angelo, also remains in place....
March 8, 2024
Vale SA
Vale board member resigns in protest over alleged political meddling in succession process
...executive....
March 12, 2024
Julius Baer Gruppe AG
Julius Baer chief executive and board member to leave over Signa exposure
...Julius Baer’s chief executive and a board member responsible for risk are leaving the Swiss bank as it prepares to write off SFr606mn ($700mn) on loans to crisis-hit Austrian property group Signa, according...
January 31, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
OpenAI
OpenAI says Sam Altman to return as chief executive under new board
...secretary Larry Summers; and Adam D’Angelo, an existing OpenAI board member and chief executive of question-and-answer platform Quora....
November 22, 2023
News updates from February 14: UK inflation holds steady, Uber debuts $7bn share buyback
Meta adds Broadcom chief and former top Enron trader to board
...Facebook owner Meta has added two directors to its board, including the chief executive of US chipmaker Broadcom....
February 14, 2024
US banks
FDIC ponders tighter checks on big ‘passive’ investors in US banks
...I have [had] good discussions with other members of the board . . . from both parties at high level on the issue.”...
April 22, 2024
BP PLC
BP names Aviva boss Amanda Blanc as next senior independent director
...BP board member Tushar Morzaria, who was previously group finance director at Barclays, will take up Reynolds’ role as chair of the remuneration committee on an interim basis....
March 8, 2024
News updates from January 12: China pledges to ‘smash’ Taiwan independence, US wholesale inflation declines
Al Gore and James Bell to leave Apple’s board
...Apple’s board of directors has nine members including chief executive Tim Cook and chair Art Levison....
January 11, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Al Gore and James Bell to leave Apple’s board
...Apple’s board of directors has nine members including chief executive Tim Cook and chair Art Levison....
January 11, 2024
Post Office scandal
Post Office chief executive under investigation, says ex-chair
...Read, who was appointed Post Office chief executive in 2019, also denied claims the business had a “toxic culture” after a memo released on Monday revealed that Elliot Jacobs, a board member, had alleged...
February 27, 2024
Adidas AG
Adidas’s only female executive board member quits as exodus grows
...Adidas has announced the departure of its sole female executive board member, adding to the exodus of top women at the helm of the world’s second-largest sportswear maker, which has previously come under...
July 5, 2023
BP PLC
Two senior women leave BP in first big shake-up since Looney’s exit
...At rival Shell, four of the seven members of the senior team are women, while France’s TotalEnergies has two women on its nine-person executive committee....
April 18, 2024
The FT ViewThe editorial board
Delaware versus Elon Musk
...McCormick negated the decision, deciding that several members of the eight-person board were too close to Musk (some had taken family holidays with him) and did not fulfil their duty to negotiate the chief...
February 6, 2024

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