Hints and tips:
...Influential shareholder adviser Institutional Shareholder Services has clashed with two of Germany’s biggest blue-chips over a lack of boardroom independence, recommending the chairs of BASF and Munich Re...
...The independence of Ben & Jerry’s board was enshrined when Unilever acquired the company in 2000....
...He worked on the government response to the 2008 financial crisis, the independence of the Bank of England, Brexit, and Covid-era emergency support schemes, including furlough....
...The move means Hassabis will cede DeepMind’s cherished independence in return for greater power and influence over the future of AI....
...“Uber now calls on EU countries to introduce national laws that give platform workers the protections they deserve while maintaining the independence they prefer,” the company added....
...In a deep dive, the FT analyses how a shareholder lawsuit was able to reveal weaknesses in the independence of Tesla’s board....
...The bigger issue than paying a CEO billions, strange as this feels to write, is the board’s lack of independence....
...The takeover of Juniper will mark the end of independence for a survivor of the original dotcom boom. Juniper was founded in 1996 as a rival to Cisco and went public in 1999....
...Interfering might not ruin a budding relationship, but this constant presence does little to cultivate independence — something Jane Eyre knew the value of, too. emma.jacobs@ft.com...
...Lines in the sand Academics at the University of Pennsylvania have expressed concerns that a campaign by private equity boss Marc Rowan on antisemitism is threatening the school’s independence, the FT reports...
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...Independence has long been a problem at the company, while past efforts to expand oversight by Tesla’s board have yielded scant fruit....
...I wanted the independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people. I don’t know where I got that notion from, but I had it.”...
...On Monday, Greenhill’s independence ended after 27 years as it announced its sale to Japan’s Mizuho Financial Group for an enterprise value of $550mn Greenhill’s listing in 2004 was a watershed event....
...minister for investment from March 2020 to July 2022, was approved this month by the Whitehall watchdog that reviews whether appointments of former ministers comply with rules designed to safeguard government independence...
...Most notably, without a proper level of resources, independence and respect, it is very hard for supervisors to act in a smart and proactive way. The incentive is for backward-looking box-ticking....
...Shares of Rivian closed 17.4 per cent higher in New York on Monday, in a shortened session ahead of the Independence Day holiday, while Tesla climbed 6.9 per cent....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...PGA board member Jimmy Dunne told the Senate subcommittee on investigations that the framework agreement and follow-on negotiations were the best way to preserve the sport’s independence....
...Brussels is later this year expected to force Illumina to unwind the acquisition of Grail to restore “the independence” that the company had before the deal....
...The last time he was in office he threatened the independence of the Federal Reserve, delivered big unfunded tax cuts and failed to trim spending....
...Given Thompson’s record, many believe he will be allowed a greater degree of independence than Licht....
...Guthart said he rejected Icahn’s allegations about a lack of board independence and believed the process to acquire Grail was “adequately informed” and “independently run”....
...Think defence budgets increasing, green investments, energy independence, industrial policy and the shortening of supply chains....
...The lengthy tenure of Salerno and two other directors raises questions about the independence of the board and its ability to hold WisdomTree’s management to account, according to the proxy advisers....
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