The Conference Board’s CEO pay study—the most comprehensive annual review of pay practices—comes out Thursday. Fortune ‘s email newsletter CEO Daily got an exclusive early look...
(Bloomberg) -- Asia has long been a laggard in the global struggle to get more women on corporate boards. While countries in other parts of the world have adopted rules to integrate boardrooms, Asian regulators largely have been hands-off. And it shows, with high-profile Asian companies including China’s Tencent Holdings Ltd. and Japan’s SoftBank Group Corp. having all-male boards of directors...
Activist hedge fund manager Daniel Loeb sent a letter to the board of Campbell Soup that strongly suggests the company wait until a new board of directors is in place before selecting a new chief executive officer. Campbell shareholders will elect the board at a Nov. 29 annual meeting and Loeb wants to throw all the current directors out...
Under the scheme, which was developed under former Republicans Secretaries of State James Baker and George Shultz, dividend checks from the carbon tax would be returned to American taxpayers...
The National Jack in the Box Franchise Association Tuesday asked the chain’s CEO Lenny Comma to step down, and for the board of directors to replace certain members of management. Comma has been chairman of the board and CEO of Jack in the Box since January 2014...
Bill Ackman said he has taken a new position in Starbucks Corp. ( SBUX.O ) at a conference in New York, according to a person in attendance. The activist investor has taken a stake in the retailer worth about US$900 million, said the person, who asked to not be identified because the matter isn’t public...
A little more than a year after Uber's board of directors busted into acrimony, CEO Dara Khosrowshahi is feeling pretty good about how things are ...
Starbucks shares jumped by as much as 5% Tuesday on news that the hedge-fund billionaire Bill Ackman had bought a stake in the coffee retailer...
Embattled pizza chain Papa John’s International Inc. will probably be bought out in the next year, forecasts Kalinowski Equity Research President Mark Kalinowski. The Wall Street Journal reported Monday that Trian Fund Management LP is assessing a possible takeover bid , sending shares surging in after-hours trading. Shares closed Tuesday up nearly 9%...
Telstra CEO Andy Penn's $4.5 million pay packet is in the firing line, with influential advisory groups calling on shareholders to vote down executive bonuses...
The Madison Square Garden Company announced progress towards the spin-off of its sports business by filing a confidential initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission. Spin-Off currently expected to be completed during the first half of 2019...
Papa John’s ugly year of turmoil may finally bring shareholders some welcome news: Trian Fund Management , a hedge fund led by activist investor Nelson Peltz, is evaluating a takeover of the pizza chain , the Wall Street Journal reports. The news caused Papa John’s stock to surge 12% late Monday. Other parties, including companies and private-equity funds, have also expressed interest in buying Papa John’s, the Journal said...
The agency used a five-year-old cybersecurity rule for the first time to censure Voya. That should set off alarms for companies under its purview...
Airbus board of directors has named Guillaume Faury as its new chief ... The European aircraft maker's board picked insider Guillaume Faury to ...
Wall Street's top activist investors continue to see more opportunity in consumer products than in any other industry even amid multiple high-profile contests at household names like Procter & Gamble and Campbell Soup. More Wall Street's top activist investors are raising lots of cash and gearing up for battle over the next year, a new report shows...
California is on its way to passing a law that would require all publicly traded companies in the state to have at least one woman on their board of directors by the end of 2019. But while men and women don’t see eye-to-eye on whether they’d want a law like this in their state, they do agree that the decision shouldn’t be up to the government...
MILAN (Reuters) - Telecom Italia (TIM) CEO Amos Genish said tensions between the company's management, its board and shareholders were counterproductive, but said he was committed to staying, according to an excerpt of an interview with La Repubblica...
DETROIT – General Motors is ranked No. 1 in the world for gender equality in the workplace...
Constellation Brands' CEO Rob Sands is "extremely bullish" about the burgeoning cannabis industry . He defended the company's $4 billion purchase of a 38% stake in Canopy Growth on a call with investors on Thursday. "We're not playing defense, we're playing offense," Sands said. The beverage giant behind Corona and Modelo is bullish about the future of the legal cannabis industry...
What a difference a year makes ... In Steve Wynn was riding high at Wynn and Elaine Wynn was trying to get back into her company. Now Steve's gone and Elaine, well she's..