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June 01, 2008

Postings: June / July 2008

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General Motors has nominated Coca-Cola CEO E. Neville Isdell to its board. His appointment would be the third addition to the GM board in the past year and will bring the total number of directors to 14. Isdell is expected to retire this summer as CEO of Coca-Cola.

 

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Actel appointed John McGrath, former CFO of Network Equipment Technologies, to its board. He also serves on the board of Endwave.

 

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Karl Steiner AG, a Swiss real estate group, named Peter Wuffli to its board of directors. Wuffli is the former chief executive of UBS.

 

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Wal-Mart nominated Gregory B. Penner, a general partner at investment management firm Madrone Capital Partners, and Arne M. Sorenson, CFO of Marriott International, to its board. Penner previously served as Wal-Mart’s CFO in Japan. Current Wal-Mart board members Jack Shewmaker and Roland Hernandez will not stand for re-election at the company’s annual meeting in June.

 

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Sunoco appointed Gary W. Edwards to its board. Edwards became an energy consultant once he retired from Conoco in 2001, after a 38-year career. He is also a director at Entergy and Sunoco Partners.

 

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Starwood Hotels & Resorts Worldwide named Thomas E. Clarke to its board of directors. Clarke, president of new-business ventures for Nike, was also appointed to the company’s audit committee and capital committee.

 

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Erik Blachford, former CEO and president of Expedia and IAC/ InterActiveCorp’s travel division, IAC Travel, joined the board of PickPackGo, a San Franciscobased online search site. Blachford, currently CEO of TerraPass, also serves on the boards of TerraPass, Zillow, and Surfparks.

 

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The Associated Press elected three new members to its board: Samuel Zell, chairman and CEO of the Tribune Co.; Donna J. Barrett, president and CEO of Community Newspaper Holdings; and Craig A. Dubow, chairman, president and CEO of Gannett Co. Also, Douglas H. McCorkindale and Jay Smith will both retire. News Corp. CEO Rupert Murdoch will fill the vacancy created by Smith’s retirement until the next election of directors.

 

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E*Trade Financial Corp. elected Frederick W. Kanner, a partner at the law firm of Dewey & LeBoeuf in New York City, to its board. Kanner will serve on the board’s finance and risk oversight committee as well as the nominating and corporate governance committee.

 

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CA named Arthur F. Weinbach to its board and to serve on its compensation and human resources committee. Weinbach currently serves as executive chairman of Broadridge Financial Solutions. Previously, he was with Automatic Data Processing for 28 years.

 

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Appointed to the board of Harrah’s Entertainment were Charles Atwood, Christopher Williams, Jeanne Jackson, and Lynn Swann. Atwood has been vice chairman of the Las Vegasbased casino operator since 2006. Williams is chairman and chief executive of Williams Capital Group and Williams Capital Management. Jackson, founder and CEO of MSP Capital, is a former CEO of Walmart.com. Pro football Hall-of-Famer Swann runs a marketing and consulting firm and is the managing director of Diamond Edge Capital Partners.

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Tags: general motors (4) coca-cola (5) wal-mart (3) sunoco (1) e*trade (2) ca (7)
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