Friday February 10, 2012
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Boardroom News
Young CEOs: Are they up to the job?
February 8, 2012

It's creativity vs. experience as a new flock of leaders take their companies to public markets.

UBS will slice 60% from bonuses
February 8, 2012

UBS said it will slash its investment-bank bonuses for 2011 by 60%, while the head of the unit will forgo any bonus following a trading scandal in September that cost the bank $2.3 billion.

Yahoo board shaken up in a push for revival
February 7, 2012

Four directors will not stand for re-election, giving Yahoo, which is under pressure from shareholders to improve returns, a fresh start to revive its fortunes.

Big year for tech mergers
February 7, 2012

Cisco Systems estimates that this year will see a drive for technology M&A this year to prepare for massive data demands in years to come.

Webster to exit from InterContinental
February 7, 2012

David Webster has decided to step down from his position as chairman of InterContinental Hotels Group.

Bumi move to oust Rothschild will improve board, Bakrie says
February 7, 2012

Bakrie Group has proposed replacing Bumi directors, including founder Nathaniel Rothschild, but proposals to establish a dedicated CEO and CFO in London have raised some questions.

Magna unveils new corporate governance
February 7, 2012

Magna International is adopting a number of corporate governance enhancements, including director education requirements.

Corporate directors show youth
February 7, 2012

One hundred people aged 31 or younger joined public company boards between 2008 and 2011, finds an analysis by Institutional Shareholder Services for the Wall Street Journal.

Study shows fewer CEOs collecting bonuses, incentives, perks
February 7, 2012

The number of companies offering CEO perquisites fell to 61.5 percent from 89.8 percent in 2009, finds Compdata's newly released executive compensation survey.

Blankfein endorses same-sex marriage
February 7, 2012

Goldman Sachs CEO Lloyd Blankfein has recorded a commercial endorsing same-sex marriage for the Human Rights Coalition.

American Express survey finds huge mobile gap in corporate travel policies
February 7, 2012

Eighty percent of corporate travel policies do not adequately address reimbursement of ancillary fees, finds a recent American Express Global Business Travel survey.

Skepticism grows around Medco/Express Scripts deal
February 7, 2012

U.S. antitrust regulators are weighing whether they have enough evidence to stop the Medco/Express Scripts merger as consumer objections increase.

O’Charley’s to merge with FNF subsidiary
February 7, 2012

Fidelity National Financial and O'Charley's have reached a deal for FNF to acquire all outstanding shares of the company's common stock for $9.85 per share.

Succession planning a challenge
February 7, 2012

Only 52 percent of participants in a recent NACD Succession Planning Webinar stated they had a formal succession plan in place.

Xstrata, Glencore set merger terms
February 7, 2012

Miner Xstrata formally announced plans to merge with Glencore International to create a company with a combined market capitalization of about $90 billion.

Wal-Mart Names China Chief
February 7, 2012

Wal-Mart Stores tapped Greg Foran as president and CEO of Wal-Mart China as the retailer looks to regain its footing after several missteps in one of its most important growth markets.

Greek leaders face crunch talks as unions strike
February 7, 2012

Reuters - Greek party leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.

Watchdogs to drag shadow banks into the light
February 7, 2012

Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.

Forget Old Media: It’s Facebook First
February 7, 2012

Edelman's CEO discusses how Facebook has changed the game, and how it's affecting daily business in public relations and marketing.

Wal-Mart names China chief
February 7, 2012

Wal-Mart Stores tapped Greg Foran as president and CEO of Wal-Mart China as the retailer looks to regain its footing after several missteps in one of its most important growth markets.