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...It is also training board directors and executive teams who increasingly see it as a business priority....
...BASF also said that ISS’s view was based on general principles and “makes no reference to [Bock’s] specific work as chairman of the supervisory board over the past four years”....
...Given unanimous support from the board, as well as the large premium to prior close, we would expect the transaction to be supported and go through.”...
...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....
...Multiple threads thrashed out the case for and against. After a successful debut, user interest hasn’t translated into a rising share price. But tech platforms like having users on board....
...They say the iPhone’s 65 per cent share of the US smartphone market by revenue — and the tight technological integration that underpins Apple’s ecosystem — threaten to distort competition in the tech world...
...“We strongly believe that ISS reached the wrong conclusion in its recent report when it comes to adding Nelson Peltz to the board,” said Mark Parker, chair of Disney’s board....
...The lull in EV sales is having a damaging impact on the auto industry....
...And net-net the winners are not the gamblers but the casino....
...US-based hedge fund Shah Capital wrote to the Novavax board on Monday to push for the instalment of two new independent board directors....
...In practice, the court tries to balance the interests of investors and boards with its “business judgment” rule....
...But as president he has sought to extend the security concept to safeguarding the US industrial base. Nippon’s takeover is no threat to the US economy, but could enhance it....
...Tesla has been forced to go back to the drawing board after residents of the east German town of Grünheide, the site of its only European assembly plant, overwhelmingly rejected a plan to massively expand...
...“People are bringing everything but the kitchen sink on board to try to avoid the bag fees,” he said. “It doesn’t do anybody any favours.” Those fees have gone up again....
...The bigger issue than paying a CEO billions, strange as this feels to write, is the board’s lack of independence....
...And yet its IPO this week saw its shares skyrocket on the first day of trading....
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
...US companies have long been outliers in having their chief executives also serve as chairs of the board....
...Just one bag from the two companies made the list. Job moves Golden Goose has appointed Marco Bizzarri to the Italian luxury sneaker label’s board of directors....
...After meeting in early February without Musk or his brother Kimbal, Tesla’s board convened a special committee to study the plans....
...“The changes we’re making to our board and leadership team are reflective of a new chapter that is under way.”...
...One wonders how the board, with at least one AI luminary among them, did not spot the opportunity a little earlier....
...According to data compiled by bankers at Barclays, Elliott by far is the firm that gets the most board seats via settlements....
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
...Legal legacy Ira Millstein’s work led to a landmark shift in the centre of corporate power from company management to boards, the FT writes in an obituary of the lawyer....
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