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...while board members have a fiduciary duty to shareholders....
...Glass Lewis has also urged investors to vote against Gilbert because of the board’s lack of gender diversity, noting that AssetCo is “one of the few remaining UK public companies with an all-male board”....
...Calhoun, 66, is to leave at the end of the year, while board chair Larry Kellner said he would depart in May....
...I, for one, wish the parish council was where more executive careers began....
...This means it could try to acquire the portfolio at market value if the board continues to back the Concord offer....
...Proxy advisers are used to being caught in the crossfire between boards and shareholders....
...In a proxy filing on Friday, Morgan Stanley said it was nominating Butler, 59, to its board during a shareholder vote at its annual general meeting on May 23....
...Disney has defeated a challenge to its board from activist investor Nelson Peltz, handing a victory to chief executive Bob Iger and ending one of the most expensive and closely watched boardroom battles...
...Sandler, who has previously publicly scolded Entain’s board for a share price performance that has lagged behind its rivals, will work with the board to pick another non-executive director....
...Several board members at the Bank of Japan called for a gradual path towards policy normalisation when the central bank last week raised interest rates for the first time since 2007....
...“On balance, the dissident has not presented a compelling case for board-level change,” ISS said, adding that a vote for all of Starbucks’s board nominees is warranted....
...“On balance, the dissident has not presented a compelling case for board-level change,” ISS said, adding that a vote for all of Starbucks’s board nominees was warranted....
...Neither of François-Henri’s siblings are involved in day-to-day management at Kering, but they sit on the supervisory board at Artémis....
...“We strongly believe that ISS reached the wrong conclusion in its recent report when it comes to adding Nelson Peltz to the board,” said Mark Parker, chair of Disney’s board....
...The board made eight recommendations to companies to manage future cash crises, including running stress tests on their exposures to sudden rises in margin and collateral calls....
...The iconic talk show host will not stand for re-election to the WW International’s board in May, the company announced on Wednesday afternoon....
...Up until Tuesday’s changes, boards nominating their own successors were the standard board appointment mechanism at insurer Generali and at lenders Mediobanca, UniCredit and Banco BPM....
...Downing Street has been accused of blocking the former parole board chair, who resigned over thwarted plans to release a serial sex offender, from becoming the parliamentary ombudsman....
...Under Germany’s two-tier governance system, the supervisory board is not involved in day-to-day decisions but oversees and challenges the work of the executive board....
...US-based hedge fund Shah Capital wrote to the Novavax board on Monday to push for the instalment of two new independent board directors....
...Board chair Larry Kellner will leave in May....
...“However, for me and for the board, the positive here was the effectiveness of our emergency succession planning.”...
...Gilinski, whose daughter Dorita also sits on the bank’s board, said there were opportunities to grow Metro and reiterated his support for its business model....
...Facebook owner Meta has added two directors to its board, including the chief executive of US chipmaker Broadcom....
...“Succession will be the most important test of the new board, no matter who they are.”...
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