Yahoo’s CEO Search Nears End
January 9, 2009 by Joseph McCafferty
Yahoo is winding down it’s search for a CEO and a decision could be made as soon as next week.
January 9, 2009 by Joseph McCafferty
Yahoo is winding down it’s search for a CEO and a decision could be made as soon as next week.
Satyam Chief Admits to Years of Fraud
January 7, 2009
Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of what was India’s fourth-largest software services provide, according to various news reports.
January 7, 2009
Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of what was India’s fourth-largest software services provide, according to various news reports.
CKE Restaurant Adopts Poison Pill
January 7, 2009 by Joseph McCafferty
CKE Restaurants said it adopted a "poison pill" plan to dissuade any hostile takeover attempts.
January 7, 2009 by Joseph McCafferty
CKE Restaurants said it adopted a "poison pill" plan to dissuade any hostile takeover attempts.
GCAC Replaces CEO, Board
December 30, 2008 by Joseph McCafferty
Following the resignations of its CEO and board of directors, Global Consumer Acquisition Corp. announces a new CEO and board slate.
December 30, 2008 by Joseph McCafferty
Following the resignations of its CEO and board of directors, Global Consumer Acquisition Corp. announces a new CEO and board slate.
Conference Board Offers Recommendations
December 5, 2008 by Joseph McCafferty
In hopes of contributing to the development of corporate governance, the Conference Board Governance Center issued yesterday a report designed to advise directors on their evolving responsibilities in the wake of the credit crisis.
December 5, 2008 by Joseph McCafferty
In hopes of contributing to the development of corporate governance, the Conference Board Governance Center issued yesterday a report designed to advise directors on their evolving responsibilities in the wake of the credit crisis.
Few Companies Volunteer ‘Say on Pay’
November 17, 2008 by Joseph McCafferty
As President-elect Barack Obama sets forth to take on Washington, legislation regarding say on pay is likely to be implemented early on. While boards are increasingly facing shareholder activist groups, very few companies are volunteering this approach as boards are weary of offering an advisory vote to shareholders.
November 17, 2008 by Joseph McCafferty
As President-elect Barack Obama sets forth to take on Washington, legislation regarding say on pay is likely to be implemented early on. While boards are increasingly facing shareholder activist groups, very few companies are volunteering this approach as boards are weary of offering an advisory vote to shareholders.
EXPERT VIEW: Boards in a Crisis Economy
November 4, 2008 by Joseph McCafferty
Never in the past seven decades has there been such urgency for management and boards to work together to achieve real transparency and accountability. With the world economy in crisis, boards are being scrutinized and some excoriated like never before. How to cope?
November 4, 2008 by Joseph McCafferty
Never in the past seven decades has there been such urgency for management and boards to work together to achieve real transparency and accountability. With the world economy in crisis, boards are being scrutinized and some excoriated like never before. How to cope?
A New Website Allows Workers to Rate CEOs
November 3, 2008 by Joseph McCafferty
A new website fast growing in popularity allows workers to anonymously post their salaries and rate their CEOs.
November 3, 2008 by Joseph McCafferty
A new website fast growing in popularity allows workers to anonymously post their salaries and rate their CEOs.
Directors Agree: CEO Pay Too High
October 23, 2008 by Joseph McCafferty
A majority of directors who attended the National Association of Corporate Directors earlier in Washington this week agreed CEO pay is too high.
October 23, 2008 by Joseph McCafferty
A majority of directors who attended the National Association of Corporate Directors earlier in Washington this week agreed CEO pay is too high.
NACD Issues Governance Guidelines
October 22, 2008
In response to the current economic crisis and the loss of confidence particularly in American corporations, the National Association of Corporate Directors (NACD) yesterday published a new set of principals.
October 22, 2008
In response to the current economic crisis and the loss of confidence particularly in American corporations, the National Association of Corporate Directors (NACD) yesterday published a new set of principals.
Liddy Steps Off Goldman Board
October 15, 2008 by Joseph McCafferty
Former Allstate CEO Edward M. Liddy has resigned from the The Goldman Sachs Group board of directors to focus on his new job at the helm of American International Group.
October 15, 2008 by Joseph McCafferty
Former Allstate CEO Edward M. Liddy has resigned from the The Goldman Sachs Group board of directors to focus on his new job at the helm of American International Group.
Recent Board Appointments
October 8, 2008 by Joseph McCafferty
New director appointments at eBay, CIGNA, ABM Industries, AT&T, and others.
October 8, 2008 by Joseph McCafferty
New director appointments at eBay, CIGNA, ABM Industries, AT&T, and others.
A Diplomat in the Boardroom
October 1, 2008 by Theodore L. Dysart
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically. So has advice about what the role entails in such key areas as strategy, fiduciary responsibility, and subjectmatter expertise. But what of the personal attributes that a lead director must have to meet the subtle challenges of the role?
October 1, 2008 by Theodore L. Dysart
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically. So has advice about what the role entails in such key areas as strategy, fiduciary responsibility, and subjectmatter expertise. But what of the personal attributes that a lead director must have to meet the subtle challenges of the role?
A Higher Order of Thinking
October 1, 2008 by Nat Stoddard
Albert Einstein reportedly remarked that “it takes a higher order of thinking to solve a problem than it took to create it.” For most boards, often the most difficult and, without doubt, important issue is succession planning. Recent events on Wall Street only underscore this reality.
October 1, 2008 by Nat Stoddard
Albert Einstein reportedly remarked that “it takes a higher order of thinking to solve a problem than it took to create it.” For most boards, often the most difficult and, without doubt, important issue is succession planning. Recent events on Wall Street only underscore this reality.
Postings: Directors for Hire
October 1, 2008 by Gretchen Michals
For boards looking to add some talented new members, there’s good and bad news in the fallout from the financial storm ravaging Wall Street firms.
October 1, 2008 by Gretchen Michals
For boards looking to add some talented new members, there’s good and bad news in the fallout from the financial storm ravaging Wall Street firms.
Recent Board Appointments
September 30, 2008 by Joseph McCafferty
New Directors named at Golfsmith International, Flotek Industries, TierOne and others.
September 30, 2008 by Joseph McCafferty
New Directors named at Golfsmith International, Flotek Industries, TierOne and others.
Greenberg Puts Blame on AIG Board
September 19, 2008 by Joseph McCafferty
AIG’s largest shareholder, Maurice “Hank” Greenberg, lost approximately $17.9 billion. Despite his extensive losses, Greenberg believes that AIG’s current board of directors is to blame for the insurance giant’s demise.
September 19, 2008 by Joseph McCafferty
AIG’s largest shareholder, Maurice “Hank” Greenberg, lost approximately $17.9 billion. Despite his extensive losses, Greenberg believes that AIG’s current board of directors is to blame for the insurance giant’s demise.
Funds Claim Early CSX Victory
June 26, 2008 by Joseph McCafferty
The more than year-long battle being waged against CSX Corp. by two hedge funds took a dramatic turn when The Children's Investment Fund (TCI) and 3G Capital Partners said they have succeeded in electing at least two dissident members to the CSX board.
June 26, 2008 by Joseph McCafferty
The more than year-long battle being waged against CSX Corp. by two hedge funds took a dramatic turn when The Children's Investment Fund (TCI) and 3G Capital Partners said they have succeeded in electing at least two dissident members to the CSX board.
Tropicana Gambles on New Board
June 9, 2008 by Joseph McCafferty
Now operating under Chapter 11 bankruptcy protection, Tropicana Entertainment late last week replaced CEO Wiliam Yung and is rebuilding its board to include more independent directors.
June 9, 2008 by Joseph McCafferty
Now operating under Chapter 11 bankruptcy protection, Tropicana Entertainment late last week replaced CEO Wiliam Yung and is rebuilding its board to include more independent directors.
Wal-Mart Shareholders Just Say No
June 9, 2008 by Joseph McCafferty
Wal-Mart's annual meeting was compared to a revival, but after the hoopla of performances by entertainers such as the newly minted American Idol XX and "Dreamgirls" star Jennifer Hudson shareholders voted down all of the resolutions.
June 9, 2008 by Joseph McCafferty
Wal-Mart's annual meeting was compared to a revival, but after the hoopla of performances by entertainers such as the newly minted American Idol XX and "Dreamgirls" star Jennifer Hudson shareholders voted down all of the resolutions.