BOSTON, April 24- A prominent investor shareholder advisory firm recommended that Sotheby's investors should vote for two of the three board candidates suggested by activist investor Daniel Loeb.» Read More
CNBC's David Faber speaks with activist investor Ralph Whitworth, Relational Investors founder and principal, about his relationship with the management team at Mondelez and the opportunity he sees in SPX Corp.
April 22- Time Warner Inc named directors, including former Sony Corp CEO Howard Stringer, to the board of Time Inc, the publishing business it plans to spin off in the second quarter of 2014.. The media company named current Time Inc CEO Joseph Ripp as chairman of the board.
Reports say Mark Fields will succeed Ford CEO Alan Mulally. CNBC's Jim Cramer says this would be a "seamless transition."
Citi investors are in St. Louis today for the bank's annual shareholder meeting. CNBC's Kayla Tausche provides insight into the day's schedule.
Yale School of Management senior associate dean Jeff Sonnenfeld, says Mark Fields has become a "genuine car guy," in discussing reports Mark Fields will take over as CEO at Ford.
DETROIT, April 21- Ford Motor Co will soon name Chief Operating Officer Mark Fields as successor to Chief Executive Alan Mulally, Bloomberg reported on Monday.
Discussing the management skills of Yahoo's Marissa Mayer, with Bethany McLean, Vanity Fair, and Larry Fishelson, co-founder and CEO of Dynalink.
After 15 months, Yahoo COO Henrique De Castro is leaving the company and collecting $58 million on his way out. CNBC's Mary Thompson reports on the gallery of golden parachutes.
LONDON, April 17- Investors would be able to make a more accurate assessment of how well banks manage risks on their books under proposals published by the International Accounting Standards Board on Thursday.
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
WINSTON-SALEM, N.C.— Reynolds American has elected board member and former leader Susan Cameron as president and CEO of the tobacco company. She replaces Daniel Delen who is retiring and resigning from the board. Reynolds American Inc. is the Winston-Salem, N.C.- based parent company of R.J. Reynolds Tobacco Co. and several other tobacco companies.
FORT WORTH, Texas— PSA Airlines, which operates regional flights for US Airways, says that its CEO and president will retire and be replaced by the president of US Airways Express. The company said Wednesday that Keith Houk, 66, will retire on Aug. 31 after more than 25 years at PSA Airlines including nine as CEO.
*Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.
Google's first-quarter results miss analyst targets as company's mobile ad headaches persist IBM's 1st- quarter earnings hurt by reorganization charge; revenue slips amid hardware drop Yellen says key task of central bank is to respond to economy's fluctuations US company earnings, encouraging economic data propel third straight day of gains for stocks Official: NY attorney general subpoenas 6 firms in probe of high-speed stock trading Fed survey: Economic growth picks up across most of the United States as harsh winter recedes High jet fuel prices have protected existing airlines from startups, prevented fare wars GlaxoSmithKline says it is looking into new bribery allegations in Jordan and Lebanon Trying to shed its vanilla reputation, Toyota gives the Camry a top-to-bottom makeover Ford to offer 1,964 limited-edition Mustangs to celebrate pony car's 50th anniversary
Should a CEO stay for 20 years? Eric Schurenberg, Inc. editor-in-chief, and Jeff Sonnenfeld, Yale School of Management, share their opinions on the WSJ report saying General Electric's Immelt may not stay on until the mandatory retirement age of 65.
CNBC's Mary Thompson reports on how long is too long for a CEO to stay with a company.
April 15- Post-it notes maker 3 M Co said its board opposed a proposal by shareholder James McRitchie to allow investors holding enough shares to take a particular action through written consent without putting it to a vote.
HOUSTON— Noble Energy CEO Charles Davidson is retiring in the fall after more than a decade leading the oil and gas producer. Stover, 56, joined Noble Energy in 2002. Before that, he worked at oil companies BP, Vastar Resources and Atlantic Richfield.
April 14- At a meeting with 300 senior Citigroup officials in the first week of February, Chief Executive Michael Corbat said the bank needed to focus on two things above all else this year: expenses and efficiency. The bank's first quarter results on Monday showed just how much work Citigroup executives have ahead of them in those areas.
SAN FRANCISCO— Levi Strauss& Co. has hired a Wal-Mart executive to head up its e-commerce business. The privately held San Francisco clothing company said Monday that Marc Rosen will join Levi in May as executive vice president and president of global e-commerce. Rosen worked most recently as senior vice president of global e-commerce at Wal-Mart Stores Inc..
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