Uber co-founder Travis Kalanick is leaving the company's board of directors. “Uber has been a part of my life for the past 10 years,” Kalanick said in a statement. “At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits.” ...
Boeing CEO Dennis Muilenburg resigned Monday amid the controversy surrounding the company's beleaguered 737 Max jet, the aerospace giant said...
United Airlines CEO Oscar Munoz will step down from his position and become executive chairman next year, the company announced Thursday...
Troubled retailer L Brands, parent of Victoria’s Secret and Bath & Body Works, is expected to come under significant pressure from potential activist shareholders for a major restructuring and possibly the ouster of its chief executive Leslie Wexner, FOX Business has learned...
Boeing CEO Dennis Muilenberg offered to forgo his bonus for 2019 amid lingering fallout from two deadly crashes involving the 737 Max jetliner, the company’s new chairman said on Tuesday...
The deal valued the office-sharing company at $8 billion. ... fall from grace as reports surfaced of overspending amid little corporate governance and ...
In the wake of the FAA grounding of its Max jets in March, Boeing's board of directors will reportedly get new safety recommendations from an internal committee that was asked to take a look at how the company builds its planes in an effort to potentially improve the process...
Activist investor Carl Icahn Opens a New Window. ripped his longtime nemesis Occidental Petroleum Opens a New Window. on Tuesday, criticizing the Houston-based company’s board of directors while offering praise for officials who facilitated Eldorado Resorts’ $17.3 billion deal to acquire the Caesars casino empire...
Axon Enterprises awarded its CEO one of the biggest compensation packages for a corporate executive worth $246 million...
Nissan proposed Friday adding Renault's chief executive, Thierry Bollore, to its board, as well as several outsiders, to strengthen its governance following the arrest of its former chairman, Carlos Ghosn...
The majority of the individuals who sit on the board were appointed in 2016 or later, and several assumed their positions in 2018. The group provides ...
A trio of activist investors thinks Bed Bath & Beyond Inc.'s business model has gotten sleepy and plans to give the big-box retailer a wake-up call...
The head of the Securities and Exchange CommissionOpens a New Window. has a simple takeaway from the agency’s ongoing feud with Tesla-founderOpens a New Window. Elon MuskOpens a New Window. over his use of Twitter: Sometimes 280 characters is not enough...
But even corporate titans like Buffett attempt to avoid overt political ... now sparked a debate inside C-suites and among corporate governance experts...
The Walt Disney Company has reworked CEO Bob Iger’s bonus compensation package, making it more difficult for the executive to earn his full stock-based award when his contract expires in 2021, according to...
Last February, the Fed imposed a growth cap on Wells Fargo until the bank demonstrably improved its corporate governance and replaced four ...
The Securities and Exchange Commission (SEC) filed a lawsuit on Thursday against Tesla CEO Elon Musk alleging securities fraud, according to court records...
The photocopier company has named John Visentin as CEO and also elected him to the position of vice chairman of the board. Visentin has spent decades in the technology sector as an executive at IBM and Hewlett-Packard...
In 2017 activist investors targeted companies with multibillion-dollar market capitalizations, but compared to 2016 activity cooled...
Elaine Wynn, in a filing on Tuesday, said she may engage in discussions with the company's shareholders, management and board regarding the “strategy, business, management, capital structure and allocation, corporate governance , and board composition” of Wynn Resorts. Wynn resigned as ...
It's now commonplace, it's more like the rule than the exception these days, which is a bad thing in terms of corporate governance , but what can you do. Snap was really unique in the sense that they gave public investors zero votes, which is just adding insult to injury. Whereas most companies, it's very ...
U.S. Consumers Could Suffer From Dodd-Frank, CFPB Changes Published April 19, 2017 Massive changes to the Consumer Financial Protection Bureau - or the financial reform law that established it - could hurt U.S. mortgage borrowers who use the agency to fight erroneous charges and foreclosures, according to Trulia, an online real estate marketplace.
High-end handbag and apparel maker Kate Spade & Co. is exploring a sale of the company, according to people familiar with the matter, after coming under pressure from an activist shareholder. The New York company is working with an investment bank and has contacted possible buyers, including other retailers, one of the people said. The process is at an early stage. As of Wednesday morning, Kate Spade had a market value of $1.9 billion. Its value has dropped amid a difficult retail environment...
Some major shareholders in HSBC want the bank to give greater reassurance on succession-planning for its chairman and chief executive, concerned that a timetable for replacing veterans Douglas Flint and Stuart Gulliver may be slipping ...