Hints and tips:
...Institutional investors that sided with the activist proposals include Norway’s sovereign wealth fund, the Canada Pension Plan Investment Board, California Public Employees’ Retirement System and the California...
...Soon afterwards, Nippon said it did not plan to close plants or lay off staff before the USW’s employment contract expired in 2026....
...Last month, the Colorado State Board of Accountancy fined Ben Borgers $5,000 and issued a “letter of admonition” after ruling that he had failed to conduct retirement plan audits with “due care”....
...Exor chief operating officer Suzanne Heywood is to join the board of Clarivate after the group increased its holding to more than 10 per cent....
...He will be replacing Dave Hunter, who announced his retirement in November. TSMC chair Mark Liu will retire next year, Nikkei Asia reports....
...Bank of America chief Brian Moynihan, 63, and BlackRock boss Larry Fink, 70, have both indicated they have no plans to retire....
...Along with the Church of England Pensions Board, the US pension plans also backed a shareholder proposal on the company’s climate policy....
...Wirth, who at 63 years old recently extended his term as chief executive after Chevron’s board waived the mandatory retirement age so he could remain at the helm, is just fine with that ratio, even as the...
...The $771bn Federal Retirement Thrift Investment Board said it would change the benchmark index followed by its international fund....
...Job moves The board of struggling Swiss asset manager GAM plans to step down after the failure of a takeover offer by UK rival Liontrust, leaving the company in the hands of the activist investors who disrupted...
...Along with Institutional Shareholder Services and the Church of England Pensions Board, the US pension plans also backed a shareholder proposal seeking more disclosure on the company’s climate lobbying efforts...
...The new shareholder pact gives Sinochem the right to appoint nine board members, up from eight, while cutting Camfin’s board appointments from four to three....
...In the days when bankers were compensated with salaries, cars, retirement plans, country club memberships and prestige instead of equity-based bonuses, they had little incentive to ramp up risks for maximum...
...News round-up Morgan Stanley board considers next CEO while Gorman clears the decks (Reuters) Casino shares tumble on debt-to-equity conversion plan (FT) Colombian tycoon and Abu Dhabi’s Sheikh Tahnoon...
...The move keeps its board at 13 directors after the retirement of dealmaker Peter Clare in April....
...In October 2021, the central bank used its prerogative as financial regulator to oust Srei’s board and force Hemant Kanoria, then chair, into early retirement....
...Now, DD has heard that the “special committees” of independent board members tasked with exploring a proposed plan to reunite the two halves of Murdoch’s media empire — Fox and Dow Jones’s parent company...
...By December 2022, the Spac heyday had long since evaporated, and Mission Advancement Corp delisted without finding an acquisition target....
...Johnson, who joined the Starbucks board in 2009, said he had told the board a year ago of his intention to retire....
...But I think boards are more inquisitive. I think risk committees are more robust.”...
...Like most Twitter users, I have no plans to flounce off the platform if Elon Musk’s $44bn deal is successful. But it seems like a good idea to prepare for change....
...The pension trustees warned that potential bidders could try to use a controversial insolvency procedure to break promises made to 2,000 retirement plan members....
...Marine and energy asset owner Atlas Corp has accepted an $11bn take-private offer from Poseidon Acquisition Corp, the investment vehicle backed by Atlas’s chair David Sokol....
...Procter & Gamble chief executive Jon Moeller has been appointed as the consumer goods group’s chair following the retirement of executive chair David Taylor....
...Street and White Square all lost heavily when their bets against meme stocks, such as the struggling video game retailer GameStop, were pulverised by retail investors who swap trading ideas on bulletin boards...
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