In a move that could set off a bidding war, OXY announced a new, higher offer for Anadarko Petroleum, which had already announced a deal two weeks ago with Chevron. The already-high stakes in the booming domestic oil industry just got even higher...
In almost every respect, Uber looks even more dangerous than Lyft (LYFT), which is already down from its overvalued IPO price...
On March 21st, Papa John's International, Inc. announced that it was appointing NBA legend Shaquille O’Neal to its board of directors. Papa John's also announced that O'Neal would invest in nine Papa John's restaurants in the Atlanta-area and enter into a three-year endorsement agreement with the company...
Directors of public companies would serve their shareholders well by leaning into change and embracing macro trends. Everyone has heard of AI and ML but the bigger opportunity is harnessing the company’s data to drive “time to insights” of decisions. One of the best investments a company can make is in the new enterprise software capabilities companies like Palantir and Datalogue have brought to market...
Pressure is mounting on business leaders to take a stance on climate change and other hot-button policy issues...
In every organization, the board is arguably the most important leadership team. Why, then, is it acceptable for this team to be the last one to transform its way of operating?...
Roger Lynch succeeds departing CEO Bob Sauerberg, and will head a combined company that includes Condé Nast US and Condé Nast International...
While the shift is small, growing data suggests that the gender pay gap in the United States is shrinking for some women. I talked to executives from Starbucks, McAfee and Credit Karma to find out how they and other industry leaders are making equal pay and role-based compensation a new reality...
Behind every effective nonprofit organization is an effective board of directors. Unfortunately, nonprofit boards often fall short -- but there are tools that can help board members improve their performance—and the performance of their nonprofit.
Rent the Runway joins the unicorn club with a $1 billion evaluation after receiving $125 million in funding...
Instead of continuing to lose the technology arms race in research, active managers can improve returns more by engaging with board directors to improve corporate governance — particularly on technology, cyber and privacy issues...
Growing losses, low barriers to entry, poor corporate governance, and an unrealistically high valuation should diminish Lyft's IPO hype...
Are technology oligarchies good or bad for competition in the marketplace? Should the giant technology companies that own huge segments of their markets, be broken up to encourage more innovation and competition? Or is "big" good for consumers?...
Rite Aid Tuesday announced the end of John Standley's nine-year run as chief executive officer following a period of shareholder unrest and two failed mergers that has left the drugstore chain's stock price trading at less than $1 for months...
So, La Croix sales are falling due to litigation, but that litigation will not have a material adverse effect the company's operations. That is the most self-contradictory messaging I have read in 26 years of reading quarterly SEC filings. It makes no sense...
Shareholder activism is discovering new targets. Until recently, this form of activism was confined to the U.S. Not uncommon since the 1920s, it caught fire in the 1980s, with the likes of Carl Icahn striking fear into the hearts of public companies. Activists are generally on the hunt for changes in management or company policies, including things like dividend payouts or use of cash...
Boards should pro-actively address potential concerns with CEO personal conduct, in a gender-balanced way...
GE stock lost 4.7% of its value after CEO Larry Culp said at a JPMorgan Chase investor conference that the company would suffer negative industrial cash flow. Was that tidbit subject to Regulation FD?
Rotation of board leadership can yield fresh insights and new perspectives valuable to the company. Having the same board members for a long period of time can put a halt on the company’s ability to come up with new and innovative ideas...
Amazon demonstrates intention and discipline in adding two outstanding women to its board - Indra Nooyi and Roz Brewer. It is a myth that there are not enough qualified women to serve as corporate directors. Amazon shows what it takes...
Tesla has stakeholders; shareholders, investors, employees, business partners, suppliers and customers and none of them are being served by the continued problems at Tesla...
Gannett's steeper losses and declining revenue reflect ongoing struggles in the publishing sector...
Snap’s success may require a change in leadership. Unfortunately, the power doesn’t lie with the board, it’s squarely in the hands of Spiegel and Murphy who hold all the voting rights...
