Wednesday May 22, 2013
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    BP board approves Rosneft deal
    October 22, 2012

    BP's board approved an offer from Russian state oil company Rosneft to buy most of the company's Russian business in a cash and stock deal.

    Rotation Unlikely to Improve Reporting
    October 18, 2012 by

    Mandatory audit firm rotation regulations are not an effective tool in achieving auditor independence, objectivity and skepticsm, NACD CEO Kenneth Daly testified to the PCAOB.

    Six Comp Chair Attributes
    October 16, 2012 by

    Compensation committee chairs need a keen sensibility in managing people and their unique personalities.

    Bridgepoint says being investigated by Department of Justice
    October 15, 2012

    (Reuters) - University operator Bridgepoint Education Inc said the Department of Justice was investigating the compensation of its admissions personnel, three months after its flagship college was denied accreditation for not complying with certain sta...

    Wall Street sees compensation rise
    October 12, 2012

    Total compensation at Wall Street firms rose 4 percent last year, to more than $60 billion, the third highest level ever.

    Villagers sue Shell in landmark pollution case
    October 11, 2012

    THE HAGUE (Reuters) - Four Nigerian villagers took Royal Dutch Shell to court on Thursday in a landmark pollution case that campaigners said could open the door to more compensation claims against international companies. The fishermen and farmers, tog...

    A bigger paycheck on Wall Street
    October 9, 2012

    The New York State Comptroller says in a report that total compensation on Wall Street rose 4 percent last year to more than $60 billion -- an amount surpassed only by total pay in 2007 and 2008.

    Investors weigh in on proxy concerns
    October 9, 2012

    Executive compensation and board competence are investors' top concerns in the next proxy season, according to the ISS annual policy survey.

    Campbell Soup gave new CEO pay package worth $7.4 million
    October 8, 2012

    Campbell Soup paid CEO Denise Morrison $7.4 million for her first year on the job, including $5.1 million worth of stock awards.

    CEO pay rises at most local public companies
    October 8, 2012

    Twelve of the 20 largest Baltimore-area companies' CEOs saw double-digit pay increases last year, while six received pay cuts.

    EuroChem files $800mln claim against Shaft Sinkers
    October 5, 2012

    MOSCOW (Reuters) - EuroChem, Russia's largest mineral fertilizer producer, said on Friday it had filed an $800 million compensation claim against Shaft Sinkers for delays to the building of a lift shaft at one of its potash projects. EuroChem said it h...

    Argentina’s ‘Air Force One’ escaped vulture creditors, but in Ghana they may have bagged a big one
    October 5, 2012

    In their drive to extract full compensation from the Argentine government, a hard-nosed bunch of distressed debt investors have gone to impressive lengths. They’ve pursued the country’s assets around the globe, attempting to seize the presidential ...

    Chesapeake compensation under review
    October 4, 2012

    The Chesapeake Energy board of directors is reviewing the employment contracts of its senior vice presidents and executive vice presidents.

    Now Available
    October 3, 2012

    The 2012-2013 NACD Public Governance Survey provides benchmarking data on a wide range of board practices, as well as insights into the top issues for directors this year. Based on in-depth responses from almost 1,000 public company directors and the proxy data from 2,800 public companies, the report also features a special section on executive compensation broken down into 24 industry sectors. Order your complete copy today.

     

    Dodd-Frank Rules: Almost Over or Only Beginning?
    October 3, 2012 by

    The November elections will have a tremendous impact on the future of the Dodd-Frank Act's pending and implemented measures. In his State of the Union address this year, President Obama characterized  Dodd-Frank as entrepreneurial and family-friendly. By contrast, Republican presidential candidate Mitt Romney called the law a “behemoth that’s going to be followed by thousands and thousands of pages of new regulations.” Members of the 112th Congress are using similar rhetoric this fall on the job and on the campaign trail.

    Median director pay rises to $250,000
    October 2, 2012

    Nonemployee director compensation at the 100 largest U.S. companies increased 6 percent last year, to $250,000, finds a new study by Compensation Advisory Partners.

    New study examines pay for Oregon CEOs
    October 1, 2012

    Of the 20 CEOs monitored, 17 earned more last year than they did before the recession.

    BofA pays $2.4b to settle claims over Merrill
    October 1, 2012

    The bank also agrees to make changes to corporate governance through early 2015.

    Xstrata board recommends Glencore offer
    October 1, 2012

    The deal values Xstrata at 31.9 billion British pounds (US$51.5 billion).

    10 Years After Sox: The Legacy of Enron
    September 26, 2012 by

    The Sarbanes-Oxley Act of 2002 gave rise to a new Federalist era that persists with Dodd-Frank. Directors are working harder than ever. Is governance better?

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