1. Articles from wsj.com

  2. 1-24 of 312 1 2 3 4 ... 11 12 13 »
    1. CFOs Zero In on Shareholders as Stock Volatility Soars

      CFOs Zero In on Shareholders as Stock Volatility Soars

      Last quarter’s extreme stock-price moves resurfaced an age-old quandary for company executives: Can they exert any influence over their share price? Some company and investor-relations executives are attempting to steer a more stable course for their stock, and hope educating shareholders on the prospects of their company will help their cause. But their options are limited by what they don’t know, including who holds certain shares, as well as the dominance of passive investing...

      Read Full Article
    2. FirstEnergy Appoints Chief Compliance Officer Amid Bribery Probe

      FirstEnergy Appoints Chief Compliance Officer Amid Bribery Probe

      FirstEnergy Corp. said Monday that Antonio Fernández will serve as chief compliance officer, effective April 12, as the Ohio utility works to put a bribery scandal behind it. Mr. Fernández, an industry veteran , will oversee the utility’s efforts to reform its ethics and compliance function as the company deals with multiple federal probes into the alleged bribery of an Ohio state lawmaker...

      Read Full Article
    3. Nasdaq’s Wish Is the U.K.’s Command

      Nasdaq’s Wish Is the U.K.’s Command

      Readers will recall the many problems with Nasdaq’s recent proposal to add a board diversity provision to its listing rules for companies. Now comes the United Kingdom to see Nasdaq and raise its woke obligations. The Nasdaq plan would encourage companies listed on the exchange to maintain a quota of board members who are women or ethnic or sexual minorities. The U.S. stock exchange is trying to sweeten this unpopular pill by promising it would be optional...

      Read Full Article
    4. Starbucks Shareholders Reject Executive Pay Proposal

      Starbucks Shareholders Reject Executive Pay Proposal

      Starbucks Corp. shareholders rejected the coffee company’s executive compensation proposal, a rare rebuke to a major U.S. company. The plan voted down by Starbucks shareholders Wednesday includes millions of dollars in bonus and retention pay for Starbucks’ chief executive, though the resolution was nonbinding and may not affect executives’ compensation...

      Read Full Article
    5. Big Companies Disclose Details on Gender, Race in Workforces

      Big Companies Disclose Details on Gender, Race in Workforces

      Big U.S. companies are giving a more detailed picture of diversity in their ranks, with dozens of them publicly sharing gender or race breakdowns, many for the first time. Three-quarters of the workers at General Electric Co. were men. Half of senior executives at engine-maker Cummins Inc. were women. Chicken processor Tyson Foods Inc. said 25% of its U.S. workers were Black. At Chipotle Mexican Grill Inc., 38% of U.S. employees were Latinos...

      Read Full Article
    6. Nasdaq Amends Its Diversity Plan

      Nasdaq Amends Its Diversity Plan

      Nasdaq recently submitted a proposal to the U.S. Securities and Exchange Commission focused on diversity of the boards of companies listed on our U.S. exchange. Our proposal establishes a recommended objective for companies to include at least two board members from diverse backgrounds. We asked that each company disclose anonymous aggregate data—self-disclosed by the directors—regarding their gender identity, race, ethnicity and sexual orientation...

      Read Full Article
    7. Herbalife to Name Three New Directors as Icahn Era Ends

      Herbalife to Name Three New Directors as Icahn Era Ends

      Herbalife Nutrition Ltd. plans to overhaul its board as Carl Icahn winds down his eight-year involvement with the company and it looks to burnish its standing with other investors. Herbalife will add to its board Sophie L’Hélias, a corporate governance expert and the lead independent director of French luxury-goods company Kering; Kevin M. Jones, chief executive of cloud-computing firm Rackspace Technology Inc. ; and Don Mulligan, the former CFO of food conglomerate General Mills Inc., the nutritional-supplements maker plans to announce...

      Read Full Article
    8. Herbalife CFO Looks to Change Investor Views After Years of Activist Pressure

      Herbalife CFO Looks to Change Investor Views After Years of Activist Pressure

      Herbalife Nutrition Ltd. 's new finance chief is working to change investors' view of the business after years of activist pressure, which abated in January when Carl Icahn —once its largest shareholder—sold a large chunk of his stake and relinquished his board seats. ... Shares rose 1.8% over the course of 2020...

      Read Full Article
      Mentions: CFO Herbalife stake
    9. Boeing CEO Said Board Moved Quickly on MAX Safety; New Details Suggest Otherwise

      Boeing CEO Said Board Moved Quickly on MAX Safety; New Details Suggest Otherwise

      When Boeing Co. BA 0.15% ’s board had its first formal meeting around seven weeks after the initial 737 MAX crash in late 2018, directors didn’t hold in-depth discussions about the jet’s safety, according to newly released details of internal company documents. Months later, Boeing’s current chief executive told journalists the company’s directors had moved quickly to address the accident, according to excerpts of company documents contained in a shareholders’ lawsuit...

      Read Full Article
      Mentions: lawsuit Boeing Board
    10. Citigroup, Bank of America Cut CEO Pay

      Citigroup, Bank of America Cut CEO Pay

      Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent order that regulators slapped on the bank in October. The bank reduced other executives’ pay for the same reason, saying they shared responsibility for the problems...

      Read Full Article
    11. Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO

      Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO

      Eli Lilly & Co. said it won’t try to claw back past pay from newly departed finance chief Joshua Smiley, but moved to take away his 2020 bonus and other incentive compensation following years of rule tightening around executive conduct and recuperation of funds at the drugmaker. Indianapolis-based Eli Lilly, known for drugs that treat diabetes, cancer and other diseases, Tuesday said Mr. Smiley resigned following allegations of an inappropriate personal relationship with an employee...

      Read Full Article
    12. Activist Investor Ancora to Launch Proxy Fight at Forward Air

      Activist Investor Ancora to Launch Proxy Fight at Forward Air

      An activist investor is preparing to launch a proxy fight at trucking and logistics company Forward Air Corp. Ancora Holdings Inc. plans to nominate four directors to Forward Air’s 10-person board, including the company’s founder and its former chief financial officer, according to people familiar with the matter. The group holds a combined 6.3% stake in the Greeneville, Tenn., company, the people said...

      Read Full Article
      Mentions: Proxy Fight CFO stake
    1-24 of 312 1 2 3 4 ... 11 12 13 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content