Management
featured
The world’s largest asset manager is far from being an activist investor, but it is starting to ask more questions, the New York Times reports.
» Read More
More
-
NEW YORK, May 13- Dell Inc's special board committee on Monday asked activist investor Carl Icahn for details of his plan to buy the computer maker, including how he would finance a cash payout to shareholders and who would run the company if his preferred slate of board directors was installed.
-
JERSEY CITY, N.J.-- Optimer Pharmaceuticals said Monday that it has named Eric Sirota as its chief operating officer. He has also previously worked as president of commercial services of inVentiv Health Inc., a provider of clinical, commercial and consulting services to the health care industry.
-
NEW YORK, May 13- An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperforms its peers under their watch.
-
MOUNTAIN VIEW, Calif.-- Obesity drug maker Vivus Inc. on Monday named two new directors to its board as it finds itself in a proxy fight. CEO of German drugmaker Boehringer Ingelheim from 2003 to 2011, and Plutzky has directed the vascular disease prevention program at Brigham and Women's Hospital in Boston since 1996..
-
NEW YORK, May 13- An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a special pay package from the fund if the oil and gas company outperforms its peers under their watch.
-
Two ranking JPMorgan Chase directors issued a letter to shareholders arguing against recommendations by proxy advisory firms to split the duties of the chairman and CEO.
-
NEW YORK, May 10- Two ranking JPMorgan Chase& Co directors issued a letter to shareholders on Friday arguing against recommendations by proxy advisory firms to split the duties of Chairman and CEO Jamie Dimon and vote against some directors.
-
NEW YORK, May 10- Two ranking JPMorgan Chase& Co directors issued a letter to shareholders on Friday arguing against recommendations by proxy advisory firms to split the duties of Chairman and CEO Jamie Dimon and vote against some directors.
-
ROME-- Italy's antitrust agency has fined Telecom Italia 103.79 million euros, alleging that the Italian telecommunications company abused its dominant market position.
-
MILAN/ ROME, May 10- Italy's Antitrust Authority on Friday fined Telecom Italia 103.8 million euros for abusing its dominant market position as owner and manager of the country's fixed-line telephone network.
-
May 10- John Hess is being stripped of his chairman duties at Hess Corp, as the oil and gas company scrambles to avoid an embarrassing defeat by an activist investor. Hess Corp said on Friday that it will separate the roles of chairman and chief executive immediately following its annual meeting next week.
-
Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
-
TORONTO, May 8- Tim Hortons Inc named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns.
-
SEATTLE, May 8- Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer. Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April.
-
SEATTLE, May 8- Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer.
-
Bank of America shareholders approved executive pay and a new board, reports CNBC's Kayla Tausche.
-
TORONTO, May 8- Tim Hortons Inc named a long-time Nestle executive as its new chief executive on Wednesday, a job that comes with tall tasks given drooping demand at the Canadian coffee and donut chain and a U.S. hedge fund pushing for better returns.
-
Forbes managing editor Bruce Upbin discusses the men and women behind some the hottest startups in Silicon Valley.
-
NEW YORK-- Orient-Express Hotels Ltd. said Wednesday that its chairman will retire in June and it will nominate a media executive to take his place. The Bermuda- based company said that Chairman CEO J. Robert Lovejoy and director Philip R. Mengel will step down when their terms end at the annual meeting on June 28.
-
Tim Hortons net income fell 3 percent in the first quarter, weighed down by higher costs and expenses. For the period ended March 31, Tim Hortons Inc. earned 86.2 million Canadian dollars, or 56 Canadian cents per share. Shares of Tim Hortons dropped $1.40, or 2.4 percent, to $56.96 in morning trading in New York.