Scandal-hit Credit Suisse shakes up board with Schwan exit
By Silke Koltrowitz ZURICH -Credit Suisse shook up its board on Monday, including the departure of its influential vice chair Severin Schwan, as it attempts to draw a line under…
By Silke Koltrowitz ZURICH -Credit Suisse shook up its board on Monday, including the departure of its influential vice chair Severin Schwan, as it attempts to draw a line under…
STOCKHOLM – Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company’s conduct relating to Iraq and how…
WASHINGTON – The International Monetary Fund’s executive board will meet on March 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said on Saturday. Argentina’s Senate voted…
– Amazon.com Inc workers at the company’s “LDJ5” warehouse in Staten Island, New York will vote in person starting on April 25 on whether to unionize, the U.S. National Labor…
TOMS RIVER, NJ – The members of the Ocean County Board of Chosen Freeholders has dismissed claims of a high-level shakeup of the administrative office, saying no plans have been…
By Svea Herbst-Bayliss – US Foods Holding Corp is interviewing potential candidates for its board as the food distributor tries to fend off a challenge from activist investor Sachem Head…
Activist Climate Group Files Legal Action Against Shell Oil Board Over Plan To Curb Emissions Thomas Catenacci on March 15, 2022 An activist group specializing in climate litigation initiated a…
MONTREAL – The chief executive of Russian carrier Aeroflot is no longer on the board of governors of the International Air Transport Association (IATA), a spokesman for the airline trade…
By Svea Herbst-Bayliss BOSTON – Proxy adviser Institutional Shareholder Services (ISS) on Monday recommended that Huntsman Corp investors elect two of activist investment firm Starboard Value’s four director nominees to…
BRUSSELS – European Union states have given initial approval to pushing firms to appoint women to at least 40% of non-executive director roles or 33% of all board jobs by…
– Warren Buffett’s Berkshire Hathaway Inc on Friday said it has nominated Wally Weitz, the founder of Weitz Investment Management, to join its board of directors following the resignation of…
PHOENIX, March 10, 2022 — Universal Technical Institute (UTI) a leading provider of transportation and skilled trade education and training is pleased to welcome Shannon Okinaka, Executive Vice President and Chief…
– A District of Columbia retirement board has ruled that a police officer died in the line of duty when he took his own life due to injuries he suffered…
ISELIN, N.J., March 9, 2022 — RCG Global Services (“RCG” or “the Company”) is proud to announce the appointment of Patti Griffin to its Board of Directors. RCG is a global…
WASHINGTON – The International Monetary Fund’s executive board is poised to approve on Wednesday $1.4 billion in emergency funding for Ukraine to help it respond to Russia’s invasion, IMF Managing…
LONDON – The three LetterOne shareholders not hit by Western sanctions have quit as directors and will no longer earn any income from the London-based investment group they co-founded with…
BUFFALO, N.Y., March 4, 2022 — M&T Bank Corporation (NYSE: MTB) (“M&T”) announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the…
SACRAMENTO, Calif. — Sherri Papini, 39, of Redding, was arrested today on charges of making false statements to a federal law enforcement officer and engaging in mail fraud, U.S. Attorney Phillip…
By Svea Herbst-Bayliss BOSTON – Investment firm Donerail Group has abandoned plans to buy gaming equipment company Turtle Beach Corp and is instead seeking to oust all of its six…
HELSINKI – Finland’s former Prime Minister Esko Aho has withdrawn from the board of Russia’s largest bank Sberbank due to the latest developments in Ukraine, he told local media on…
SAO PAULO – Brazilian meatpacker BRF SA said on Tuesday that Marfrig Global Foods SA proposed appointing its controlling shareholder Marcos Molina as BRF’s chairman and Santander Brasil’s Chairman Sergio…
– Canadian pot producer HEXO Corp said on Tuesday it would refresh its board, effective immediately, as part of a deal with activist shareholder Adam Arviv and his fund, Kaos…
By Svea Herbst-Bayliss BOSTON – Jana Partners has nominated four directors to the board of Zendesk, arguing the company must be rehabilitated after an unpopular attempt to buy Momentive Global,…
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. Commerzbank, which is undergoing a major overhaul involving…
BOSTON -Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp’s board and has nominated seven directors, arguing that the food distributor’s performance has…