1. Articles from wsj.com

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    1. Care.com Needs Supervision

      Care.com Needs Supervision

      Activist investor calls for Care.com to consider a sale, but even that may not be enough to restore parents’ lost trust Care.com’s days as an independent matchmaker could be limited. New York-based activist investor Engine Capital L.P. is calling for the company to explore a sale in the wake of The Wall Street Journal’s March investigation which showed it provided limited vetting of its caregivers, sometimes with tragic results...

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    2. Icahn Looks to Occidental’s Ex-CEO for Help in Fight With Company

      Icahn Looks to Occidental’s Ex-CEO for Help in Fight With Company

      Occidental Petroleum Corp. Chief Executive Vicki Hollub is eager to move forward following her $38 billion deal to buy Anadarko Petroleum Corp. But first she has to deal with Carl Icahn, who is trying to bring Ms. Hollub’s predecessor back into the boardroom. The activist investor has already pushed for four seats on Occidental’s board, arguing that Ms. Hollub ignored investors and made costly rookie mistakes in her bid to outduel Chevron Corp. for Anadarko...

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    3. Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control

      Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control

      As Facebook Inc. FB -0.56% ’s co-founder and chief executive, Mark Zuckerberg holds extraordinary sway over the social-media giant. Wednesday’s historic settlement with the Federal Trade Commission keeps his power largely intact, even as it calls for the board to tighten the reins on the company’s privacy practices...

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    4. Vanguard to Take Tougher Stance Against Overextended Board Members

      Vanguard to Take Tougher Stance Against Overextended Board Members

      Vanguard Group is taking a tougher stance against companies whose board members it believes are stretched too thin.

      The world’s second-largest asset manager plans to vote, in most cases, against corporate executives running for two or more public-company board seats beyond where they are employed, a Vanguard spokeswoman said. Vanguard said it would generally vote against other board candidates seeking more than four board seats at one time...

       

       
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    5. More U.S. Companies Separating Chief Executive and Chairman Roles

      More U.S. Companies Separating Chief Executive and Chairman Roles

      A push by corporate governance experts, shareholders and, in some cases, regulators to untangle the chairman and chief executive positions at U.S. public companies is gaining traction.

      The percentage of S&P 500 companies whose chief executives also serve as chairman reached 45.6% in 2018, compared with 48.7% the year before and the lowest percentage in at least a decade, according to data compiled for The Wall Street Journal by ISS Analytics, the data intelligence arm of proxy adviser Institutional Shareholder Services Inc...

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    6. When Scandals Hit Campus, College Boards Rarely Get Hurt

      When Scandals Hit Campus, College Boards Rarely Get Hurt

      Lawmakers, faculty and students are demanding more accountability from university boards as sexual-abuse and other scandals continue to shake U.S. campuses.

      The boards that oversee universities have remained largely intact at schools including Michigan State University and the University of Southern California, where...

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    7. A Billionaire Pledges to Fight High Drug Prices, and the Industry Is Rattled

      A Billionaire Pledges to Fight High Drug Prices, and the Industry Is Rattled

      HOUSTON—Billionaire John D. Arnold is spending a chunk of his fortune to campaign against America's high drug prices. The drug industry is spending a chunk of its fortune to counter him.

      Mr. Arnold is the biggest single spender on his side of the battle. He made his money placing bets on price swings in the natural-gas market, first as an energy trader at Enron, then at his own hedge fund...

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    8. Activist Marathon Partners Pushes e.l.f. Beauty to Sell Itself or Cut Costs

      Activist Marathon Partners Pushes e.l.f. Beauty to Sell Itself or Cut Costs

      An activist investor wants cosmetics company e.l.f. Beauty Inc. to give itself a makeover. Marathon Partners Equity Management LLC, which owns about 8.5% of e.l.f., plans to urge the discount cosmetics seller to either start a process to sell itself or refocus on core operations and reduce costs, according to a draft of a letter to its chief executive and chairman viewed by The Wall Street Journal. Marathon could release the letter publicly as soon as Wednesday. ...

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    9. Marijuana Company Pressed to Make Deal by Activist Investor

      Marijuana Company Pressed to Make Deal by Activist Investor

      Hexo Corp. has drawn interest from an occasional activist investor, who fears the Canadian marijuana company will miss out on a frenzy of deal making in the budding industry. New York-based Riposte Capital LLC, Hexo’s second-largest shareholder with a roughly 2.5% stake, plans to urge the company to explore strategic alternatives and take advantage of the cannabis sector’s rapid growth, according to people familiar with the matter...

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    10. Calpers’ Bet on Sacramento’s Planned Tallest Tower Splits Board

      Calpers’ Bet on Sacramento’s Planned Tallest Tower Splits Board

      Sacramento officials are cheering a decision by the California Public Employees’ Retirement System to build what would be the tallest tower in its hometown. But some inside Calpers’ boardroom are concerned the 550-foot project represents too much risk. During a private meeting earlier this summer three Calpers directors voted against a new $550 million commitment to the proposed office-condominium-retail complex, according to people familiar with the situation...

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      Mentions: risk Calpers
    11. More Shareholders Vote Against Executive Pay Proposals in U.K.

      More Shareholders Vote Against Executive Pay Proposals in U.K.

      More shareholders voted against executive-pay resolutions at U.K. companies this proxy season than last year, and some companies got strong dissent for these resolutions for the second year running. Executive pay was a particularly hot issue at the largest FTSE 100 companies, with 18 companies receiving more than 20% shareholder dissent compared with nine last year, according to a public register managed by the Investment Association, a trade body. ...

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    12. Activist Elliott Management to Push Nielsen Holdings to Sell

      Activist Elliott Management to Push Nielsen Holdings to Sell

      Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...

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    1-24 of 224 1 2 3 4 5 6 7 8 9 10 »
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