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...The smooth process has branded Gorman as a kind of succession savant. He is set to join Walt Disney’s board next year where he will sit on a special succession planning committee....
...Earnings: Full-year results from London-listed education group Pearson and UK online property portal Rightmove. Events: First day of meteorological spring....
...Cangemi will stay on as a member of NYCB’s board of directors. NYCB said one member of its board, Hanif Dahya, had resigned because he did not support DiNello’s appointment as chief executive....
...Viniar, who worked for Goldman for more than three decades before leaving in 2013, was already sitting on the bank’s board and will also become chair of the board’s governance committee....
...Wincanton’s board on Monday recommended that shareholders accept the improved 480p bid for CMA CGM....
...Between 2003 and 2008, Rothschild was deputy chair of BSkyB Television, and he was on the international advisory board of US private equity giant Blackstone....
...Sky — to its board....
...Dimon on Wednesday said of the Disney CEO: “Bob is a first-class executive and outstanding leader who I’ve known for decades....
...The consumer confidence index, tracked by the Conference Board, unexpectedly fell in February to 106.7 from a revised 110.9 in January, missing expectations for a slight increase....
...Wincanton’s board previously recommended that shareholders accept the improved CMA CGM bid....
...Last year was the most challenging of Solomon’s five-year tenure leading Goldman....
...That makes it all the more unfortunate that the “interest” earned by today’s youth in many countries could be accreting upon a lower and poorer level of education....
...In deciding Fraser’s pay, Citi said the compensation committee at its board of directors had also considered “competitive market levels of pay for CEOs of peer institutions”....
...Otting replaces Alessandro DiNello, who became CEO of the bank less than a week ago and will return to a previous role as non-executive chair. Mnuchin is also joining the board....
...Scherr and the board had discussions then about what management skills were needed for the next phase at the company....
...But the board rewarded Solomon for paring back a lossmaking push into retail banking, re-emphasising Goldman’s strategy around its core investment banking and trading business and expanding in asset and...
...NYCB also announced that Alessandro DiNello, until now non-executive chair of its board of directors, would become executive chair. Read more here...
...“Solomon is clearly not going anywhere,” one person familiar with the recent partners meeting said in the wake of the event. “He feels like he has the support of the board.”...
...Evercore is nevertheless gambling on growth when deal fees are down across the board. Deal fees are notoriously fickle and cyclical....
...The bank’s board of directors said they had based their pay decision in part on Gorman’s “exemplary execution of CEO succession” and praised his time leading the bank....
...However, the FT reported in August that Solomon retained the backing of Goldman’s board of directors and his position has solidified further in recent months, offering less of an imminent pathway for career...
...DiNello had one message for the board: start planning for the worst. Within days, DiNello and Mnuchin were on the phone, and the deal started moving forward, slowly at first....
...He officially stepped down as Morgan Stanley chief executive at the start of the year and was replaced by Ted Pick, though he remains executive chair of the bank’s board of directors....
...In 2021, JPMorgan’s board of directors awarded Dimon a retention bonus that would tie him to the bank until at least the middle of 2026....
...JPMorgan has also hinted that Dimon could stay on as chair of the board of directors even after relinquishing the CEO job....
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