1. Articles in category: BoardNews

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    1. New Directors Strengthen Navistar's Corporate Governance, But Issues Remain

      Caving under pressure from the activist investors Carl Icahn and Mark H. Rachesky, Navistar International Corp. (NAV) recently strengthened the supervision of its senior managers by replacing three board members. But the truck and engine maker still has more work to do on its corporate governance. The former CEO Daniel C. Ustian and his team struggled against headwinds in recent years ranging from the economic crisis to production failures. As Navistar's stock price sank in the past year, Mr. Ic

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    2. O'Brien: Bad news for boards: That superstar CEO you just hired will probably fail

      'Executive Superstars, Peer Groups and Over Compensation! -- Cause, Effect, and Solution,' was released last month. Don't let the dry-as-toast title fool you. This report should be required reading for every person in Silicon Valley who sits on a board of any size. I found it particularly illuminating with so many of our largest companies either having tapped new CEOs in the past year (Hewlett ...

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    3. Multiple directorships lower effectiveness

      You are here: Home > October 12, 2012 in Business MULTIPLE directorships have been blamed for contributing to corporate governance failures among Zimbabwean companies. Report by Staff Writer CEO of the Depositors Protection Board John Chikura told a recent Institute of Chartered Accountants of Zimbabwe seminar that local companies still faced challenges in adhering to good corporate governance. “Good governanc

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    4. Board's Bonus Slight a Wake-up Call for Ballmer: Get Innovating

      Board's Bonus Slight a Wake-up Call for Ballmer: Get Innovating

      The board of directors at Microsoft did not award company CEO Steve Ballmer and other executives their full bonuses this year following lower-than-expected Windows sales and a failure to comply with European regulations. Ballmer received 91 percent of his base salary in bonus pay, totaling $620,000. Including salary, his total compensation for Microsoft's fiscal year 2012 is $1.32 million.

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    5. Research and Markets: Oecd - Board Member Nomination and Election

      )--Research and Markets (http://www.researchandmarkets.com/research/jzzvc8/board_member) has announced the addition of OECD Publishing's new report "Board Member Nomination and Election" to their offering. The nomination and election of board members is one of the fundamental elements of a functioning corporate governance system around the world and has accordingly been chosen as the theme for the fourth peer review by the OECD's Corporate Governance Committee. Four jurisdictions have volunteere

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    6. Avon's Corporate Governance Strengthens

      Avon Products, Inc. (AVP)'s embattled former CEO Andrea Jung said she'll step down as board chairman on December 31. The beauty company has taken several such moves toward restoring its credibility in recent months, and now has stronger corporate governance. While serving as both chairman and CEO, Ms. Jung came under fire for problems ranging from Avon's underperforming stock price to its overseas bribery investigation, which we had discussed here. In December 2011 Avon announced Ms. Jung's loss

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    7. Cubic Board Member Named Director of the Year

      Cubic Board Member Named Director of the Year

      Robert S. Sullivan, a member of Cubic Corporation (NYSE: CUB) Board of Directors, was chosen as Director of the Year for Corporate Governance by the San Diego Corporate Directors Forum. The forum is a nonprofit organization that promotes high standards of professionalism in corporate governance. Each year, it honors San Diego’s top directors in several categories to pay tribute to their outstanding performance in the boardroom and behind the scenes. Honorees are nominated by their peers. Sulli

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    8. Lawndale Capital Mgmt's Andrew Shapiro Named to 2012 NACD Directorship 100

      MILL VALLEY, Calif., Oct 5, 2012 (GlobeNewswire via COMTEX) -- Andrew Shapiro, President and Portfolio Manager of Lawndale Capital Management, LLC, has been named to the 2012 National Association of Corporate Directors (NACD) Directorship 100 in recognition of his exemplary leadership in the boardroom and promoting the highest standards of corporate governance. Selected by the NACD Directorship Editorial Advisory Committee and the NACD Board of Directors, the NACD Directorship 100 recognizes the

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    9. Boards should be ‘independent of management,’ Temasek says

      Temasek Holdings said company boards should be independent of management, responding to a Standard Chartered Plc statement that the Singapore investment firm abstained from voting for some board members in May. “To provide effective oversight of management on behalf of all shareholders, we advocate that boards be independent of management,” the state-owned investment company said in an e- mailed ...

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    10. NIRI President and CEO Jeffrey D. Morgan Named to 2012 NACD Directorship 100

      “I am humbled to have been recognized again for this prestigious award,” said Jeffrey D. Morgan, president and chief executive officer of NIRI. “This is the third year I have been named to this distinguished list and I believe it is due to the continued recognition of the important function that investor relations officers play in the corporate governance process of public and private companies.” According to the NACD, the Directorship 100 represents the most influential people in the boardroom

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    11. Corporate Governance - Diversity Reporting

      FlexiGroup Ltd Level8, 201 Pacific Highway St Leonard's, NSW 2065 ABN 75 122 574 583 P +61 2 89052000 ? www.flexigroup.com.au ASX Code: FXL Mr Andy Weaver ASX, Listings (Sydney) Australian Securities Exchange 20 Bridge St Sydney NSW 2000 Dear Andy, In response to your letter dated 3 October 2012, please find a copy of the disclosures required of FlexiGroup's Diversity Policy, in compliance with listing rule 4.10.3. FlexiGroup has a strong commitment to equal opportunity and diversity and recogni

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    12. Questions raised over new corporate governance code

      Questions raised over new corporate governance code

      Companies, KSE, regulator discuss the revised code. By Our Correspondent Published: October 5, 2012 Unlike the previous code, the revised code says the chairman and CEO will not be the same person unless specifically provided in any other law. PHOTO: AFP KARACHI: Representatives of listed companies, the Karachi Stock Exchange (KSE) and the corporate sector regulator gathered on Thursday on the erstwhile trading floor of the KSE to discuss the

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    13. News Corp shareholders advised to vote against Murdochs

      News Corp shareholders advised to vote against Murdochs

      Advisory firm comes out against re-election of members of Murdoch family to board in wake of phone hacking The campaign to remove members of the Murdoch family as directors of News Corporation has gathered pace, with advisory firm Institutional Shareholder Services expected to recommend that shareholders vote against the re-election of a number of board members. ISS, one of the most influential ...

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    14. George Washington University to Highlight On the Board, Advancing Women’s Corporate Board Leadership At MBA Women ...

      MBA Women International (MBAWI) announced today that The George Washington University School of Business (GWSB) and the International Women’s Forum (IWF) will partner with MBAWI to promote On the Board, Advancing Women’s Corporate Board Leadership. (PRWeb October 04, 2012) Read the full story at http://www.prweb.com/releases/2012/10/prweb9977437.htm

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