Mondee Holdings II, Inc. (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally-recognized platforms and brands in the leisure and corporate travel sectors, and ITHAX Acquisition Corp. (Nasdaq: ITHX) (“ITHAX”), a special purpose acquisition company that announced a planned business combination with Mondee (the “Business Combination”), today announced the nominees to the board of directors of the combined company (“New Mondee”)...

(Reuters) -Toshiba Corp shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday - an inclusion that is expected to add momentum to its exploration of potential buyout deals. Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was...

LONDON (Reuters) - BlackRock, the world's biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which they their funds invest...

(Reuters) - When plaintiffs lawyers in a derivative suit against Pinterest Inc board members asked for approval of their $5.4 million fee request last April, they told the judge they deserved twice their lodestar bills because they'd obtained significant corporate governance reforms that would make the company more diverse and inclusive, enhancing its long-term value for shareholders. In an order issued on Thursday, U.S. District Judge William Alsup of San Francisco told the firms to prove it...

(GLOBE NEWSWIRE) -- Chief executive officers (CEOs) at the largest U.S. corporations saw their total compensation increase at the fastest pace since 2014, according to a new analysis of proxy disclosures by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. Significantly larger annual incentive payouts and higher values of long-term incentives granted last year contributed to the big increase in total pay...

FAMED activist investor Nelson Peltz appears set for another corporate battle at Unilever after warning "huge amounts of people in corporate" can be detrimental to a business. Peltz's investment fund Trian has taken a 1.5 per cent stake in the Ben and Jerry's and Durex-maker, with the firm putting Peltz on the board last week in what has largely been perceived as an effort to head off public scraps...

(Reuters) - Toshiba Corp plans to notify shareholders that two board director nominees from activist hedge funds were not approved unanimously by its nomination committee, people familiar with the matter said on Friday. While divided votes on director nominations are not particularly rare, taking the step to formally disclose the matter is unusual, highlighting how contentious the issue has been for Toshiba's board...

(Reuters) - Toshiba Corp, the troubled Japanese conglomerate exploring strategic options, said it has received eight initial proposals to take it private as well as two proposals for capital alliances that would see it remain listed. The news comes amid recent signs that Toshiba, which has long been at loggerheads with its large activist shareholder base, is growing more receptive to calls from foreign hedge fund investors to consider going private...

Quotient Technology Inc. (NYSE: QUOT) (“Quotient” or the “Company”), the leading digital media and promotions technology company, today announced that it has appointed Kimberly Anstett to the Company’s Board of Directors...

HOUSTON (Reuters) - British proxy advisor Pensions & Investment Research Consultants Limited (PIRC) on Monday urged Exxon Mobil Corp shareholders to vote against the re-election of five directors, including Chairman and Chief Executive Darren Woods at Wednesday's annual general meeting. PIRC, a proxy firm that makes recommendations to shareholders, also suggested a no vote on re-electing Alexander Karsner, one of the directors put up by activist hedge fund Engine No. 1 last year...

Tesla CEO Elon Musk promised that taking over Twitter would enable him to rid the social media platform of its annoying “spam bots." Now he's arguing — without presenting any evidence — that there might be just too many of those automated accounts for the $44 billion deal to move ahead. The sharp turnaround by the world's richest man makes little sense except as a method to scuttle or renegotiate a deal that's becoming increasingly costly for Musk, experts said...

(Reuters) - A state court judge found California's law requiring publicly held companies to include women on their boards unconstitutional, dealing another blow to the state's push to diversify corporate leadership. Los Angeles Superior Court Judge Maureen Duffy-Lewis issued the decision on Friday in favor of three California taxpayers who sought to block enforcement of the law, according to a copy of the ruling...

(Reuters) - BP shareholders on Thursday backed the energy company's climate strategy, while fewer investors than last year supported a resolution filed by an activist group urging faster action to battle climate change...

(Reuters) - Credit Suisse shareholders on Friday rejected by a wide margin the board's proposal to discharge the beleaguered Swiss bank's management from liabilities for the 2020 financial year, as investor ire over a slew of costly missteps grows. The vote showed growing pushback over what has been described as a free-wheeling culture at Switzerland's second-biggest bank...

LONDON (Reuters) -Barclays has put its $1.25 billion share buyback plan on hold until talks with U.S. regulators over a major trading blunder have been resolved, piling early pressure on the British bank's new Chief Executive C.S. Venkatakrishnan. Barclays disclosed on March 28 that it had exceeded a U.S. limit on sales of structured products, triggering a loss and a potential restatement of its 2021 accounts...

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today confirmed that, with the 2022 Annual Meeting results imminent this week, Land & Buildings has withdrawn its nomination of proxy fight candidate Jonathan Litt, who Land & Buildings previously nominated to stand for election to the Ventas Board of Directors in connection with...

BOSTON (Reuters) - Median pay for top U.S. CEOs rose 31% last year to a record $20 million, a new study found, surging after a slight decline during the COVID-19 pandemic, as companies showered leaders with stock awards and cash bonuses. Chief executives receiving big pay increases included the leaders of tech giant Apple and semiconductor manufacturer Broadcom Inc,, according to the study released Monday by research firm Equilar...

HOUSTON (Reuters) - Exxon Mobil Corp and Chevron Corp paid their chief executives more than $22 million each last year, according to securities filings released on Thursday, the day after U.S. lawmakers accused oil companies of price gouging at a time of high gasoline prices. Exxon paid CEO Darren Woods $23.6 million last year, up from $15.6 million in 2020. Woods also received a $3.1 million cash bonus, the filing showed...

Potbelly Corporation (NASDAQ: PBPB) ("Potbelly" or the "Company"), the iconic neighborhood sandwich shop, today announced the addition of two new members to its Board of Directors: David Pearson, former Chief Financial Officer of Vonage and seasoned investment banker; and Jill Sutton, former Chief Legal Officer and General Counsel of United Natural Foods, Inc...

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, today announced that the Board of Directors has elected Cynthia L. Feldmann as an independent director...

Kadant Inc. (NYSE: KAI), a global supplier of technologies and engineered systems, today announced the expansion of the board of directors from six to seven directors and the appointment of Rebecca Martinez O’Mara to its board of directors...

(Reuters) - A consortium of private-equity firms including Elliott Management is in talks to buy TV ratings company Nielsen Holdings for about $15 billion including debt, the Wall Street Journal reported on Monday. Shares of Nielsen surged more than 35% on the news. Financing discussions with a number of banks are progressing and a takeover deal could be completed within weeks, the report said, citing people familiar with the matter...

(Reuters) - Credit Suisse executives took home less pay in 2021, its annual report showed on Thursday, as top managers saw bonuses slashed by nearly two-thirds over a series of scandals and a 1.65 billion Swiss franc ($1.78 billion) annual loss...

Sensei Biotherapeutics, Inc.(NASDAQ: SNSE), an immunotherapy company focused on the discovery and development of next-generation therapeutics for cancer, today announced the appointment of William (Bill) Ringo, MBA, as chair of its Board of Directors...