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...Glass Lewis noted that two directors, including Peter McKellar, held a number of board positions at public companies — meaning that they might not have sufficient time to devote to AssetCo....
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...“We’ll be proposing that we have a seat on the board of directors. We believe that we have a unique ability to understand the production system . . ....
...“It has been an immense privilege to be CEO,” said Harrison — who will remain as a director of the company during the succession process — in a statement. “I care about the firm and our people deeply....
...Proxy advisers are used to being caught in the crossfire between boards and shareholders....
...Alpha’s largest recent sale was by divisional head Alex Howorth, managing director of FX risk management, who sold a lump of 11,495 shares at an average market value of 1,740p, giving a total of £200,000...
...Duncan Reed Director, Condign Board Consulting London SW1, UK...
...“The marginal overall rise in total construction activity ended a six-month period of contraction,” said Tim Moore, economics director at S&P Global Market Intelligence....
...Meeson was executive chairman of the company until July last year, when he stepped back into a non-executive role. He then retired from the board entirely two months later....
...Max Jones, director of infrastructure and construction at Lloyds Bank, said: “The mood music surrounding the sector has become more upbeat in recent weeks, with healthy infrastructure pipelines a common...
...“I see genuine effort across the board....
...BP has named Aviva’s chief executive Amanda Blanc as its next senior independent director in the first major shake-up of the energy company’s board since it oversaw the departure last year of boss Bernard...
...Similar issues hold back construction in the US, parts of Europe, and Australia, and contribute to elevated house prices and poor affordability. But Britain’s problems are particularly stark....
...The nine directors on Tideway’s board received a total of £6.6mn in the year to March 2023; up from £2.95mn in 2022, according to Tideway’s accounts....
...The consultancy Begbies Traynor warned on Friday that more than 40,000 companies were on the brink of insolvency....
...Peltz’s fund, Trian Partners, has nominated two board directors for Disney’s board at the company’s annual meeting on April 3: Peltz himself and Jay Rasulo who was previously Disney’s chief financial officer...
...In December, Elliott Management struck a settlement with the board of directors at Crown Castle, the large US mobile phone tower operator....
...Italy’s parliament has approved a set of measures radically affecting the way listed companies’ boards of directors are appointed, in spite of fierce opposition from international investors....
...Altman was fired as chief executive and removed from the board of the artificial intelligence company he co-founded in November....
...Director’s spouse picks up Barr tab The spouse of a director at AG Barr has bought £59,300 worth of shares in the FTSE 250 drinks company....
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...Pollination Law anticipates that a “pincer move” of increasing regulation around nature protection and the risk of litigation will force company directors to quickly adapt and that the bar for TNFD requirements...
...François Louis Nicolas Pinault, 26, replaced family patriarch and Kering founder François Pinault, 87, as a director on the board of the auctioneer on March 26, according to a filing published this week....
...Bernard Arnault has spent four decades building the construction company he inherited from his father into luxury leader LVMH, becoming one of the world’s richest people in the process....
...Facebook owner Meta has added two directors to its board, including the chief executive of US chipmaker Broadcom....
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