Coca-Cola Co. has announced that its board of directors elected former U.S. Secretary of Labor Alexis M. Herman as a director of the company, effective immediately. As part of the election, Herman was also appointed to the Public Issues and Diversity Review Committee.
Herman served as the Nation’s 23rd Secretary of Labor, and was the first African-American to lead the U.S. Department of Labor. She currently serves as chair and CEO of New Ventures, chair of the diversity advisory board of Toyota Motor Sales, U.S.A., Inc., and is also a member of the boards of Cummins, Inc., Entergy Corporation and MGM Mirage.
Video game developer Atari, Inc. this week announced the appointments of Wendell Adair, Eugene I. Davis, James B. Shein, and Bradley Scher as independent directors to the company’s board. Davis has also been elected as non-executive Chairman, and Adair, Davis, and Shein will serve on the audit committee, with Adair serving as Chair.
What’s More, Adair, Shein and Scher will serve on the compensation and governance committee, with Shein filling the role of Chair. All four new members will also serve on a special committee that will review related party transactions.
Adair comes tot he board with 35 years experience specializing in restructuring and corporate finance, while Davis comes on as the founder and chairman of Pirinate Consulting Group, LLC. Shein is currently a professor of management and strategy at Northwestern University, and Scher is a managing member of Ocean Ridge Capital Advisors, LLC.
The company also elected Curtis G. Solvig III, of AlixPartners, as the company’s chief restructuring officer.
The Multicore Association announced this week thattechnology provider Texas Instruments has joined the consortium as an executiveboard member.
“As a long-time provider of multicore products, TI makesa notable addition to the Multicore Association’s Executive Board,” saidMarkus Levy, Multicore Association president, in a recent statement. “TI’sexperience in this industry will enable them to help guide this consortium indelivering the most beneficial standards for enabling multicoreapplications.”
Multicore, a global non-profit based on developing standards that help speed time to market for products that involve multicore implementations, is structured to provide three levels of membership including executive board, working group, and university members.