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...“It is not my responsibility to figure out whether OpenAI has got the right governance,” Sweet told the FT....
...A common structure is for management to be overseen by a board made up of longtime partners from different parts of the firm, which has the responsibility of appointing the chief executive or senior partner...
...”, the FT’s Stephen Foley and Simon Foy report....
...She has brought in a consultancy to help design a new evaluation scheme for all professionals at the firm....
...from VerityData, S&P Capital IQ and regulatory filings shows — even if other top bankers have proved far more willing to sell than the boss of America’s biggest bank....
...The PCAOB’s new rules would widen auditors’ responsibility to scrutinise whether a company is complying with laws and regulations, and to communicate more of their concerns to a company’s board of directors...
...The Public Company Accounting Oversight Board said that its inspectors found deficiencies in 30 per cent of audits carried out by the US businesses of the global network firms — the Big Four of Deloitte,...
...Two of the five board members have said they are opposed to the new rules, but a simple majority is all that is needed....
...She is also on the international board of the Global Telecom Women’s Network....
...But the connecting threads emerge gradually through a series of vignettes, as passengers board the bus and we get a glimpse of their lives....
...Linked to this, the Office for Budget Responsibility publishes its economic forecast....
...Part of being a journalist is experiencing intense professional jealousy when someone else writes a good intro....
...The appointment of Fleming, one of the UK’s most experienced intelligence professionals, is a coup for the fledgling investment group....
...Boards wanting to maintain experience at the top without creating a vacuum underneath should consider giving more of the CEO’s responsibilities to potential successors as time goes on....
...Some executive search professionals believe bringing back a former chief executive says more about the board failing to ensure a smooth succession process than about the stellar performance of a past leader...
...Women still only account for 20 per cent of the lead engagement partners on audits of S&P 500 companies, according to a study published on Tuesday by the CFA Institute, the professional body for the investment...
...Additional reporting by Daniel Thomas, Stephen Gandel and Stephen Foley...
...Matthew Hooberman, another Bruton resident, compares the opening in 2014 to “a piece of London being transported by spaceship and landing on my lawn”....
...“Sometimes people just got lazy but it was not an abdication of responsibility, it was that other things took priority and the risk was always fairly low.”...
...“Investors put climate reporting on the table,” said Sandy Peters, senior head of global advocacy at the CFA Institute, the professional body for the investment industry....
...He was previously CFO of Aviva. Anglo American has appointed John Heasley, former CFO of The Weir Group, as finance director following the retirement of his predecessor Stephen Pearce....
...Matthew John Moulding had a difficult Tuesday....
...London Stock Exchange chief financial officer Anna Manz has joined the board of AstraZeneca as a non-executive director....
...A board game, like Risk or Monopoly? No. There was no computer and, usually, no board....
...However, the F&P aspects of regulated firms’ new responsibilities now offer them a way to short-circuit that and get shot of people in one swoop — by treating issues as the competence aspects of F&P.”...
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