Tag: Corporate governance

Delaware Bill Drafted to Save Tesla CEO Pay PackageIn a recent development that could have far-reaching implications for Tesla and its enigmatic CEO Elon Musk, a proposed bill has been introduced to revise Delaware...

**Irenic Capital Management Urges KBR to Separate Business Units**Irenic Capital Management, a prominent activist investor founded by Adam Katz and Andy Dodge, has set its sights on KBR Inc (KBR) with a plan to...

UnitedHealthcare CEO Murder Sparks Corporate Security ConcernsThe brutal killing of UnitedHealthcare CEO Brian Thompson has sent shockwaves through the corporate world, prompting intense scrutiny of executive security protocols. Thompson's tragic death highlights the vulnerability...

Super Micro Computer Stock Surges 30% on Special Committee's Clearing of Misconduct AllegationsIn a surprising turn of events, Super Micro Computer Inc. saw its stock price skyrocket by over 30% after a special committee...

Southwest Airlines and Elliott Investment Management are in the midst of discussions for a possible settlement that could lead to the activist investor having a significant presence on the airline's board. The talks are...

Solventum, previously known as 3M Health Care, is a global health-care company that has recently been spun out from 3M. With four main segments including Medical Surgical, Dental Solutions, Health Information Systems, and Purification...

Match Group, the company behind popular dating apps like Tinder and Hinge, has caught the attention of activist investor Starboard Value. With a 6.64% ownership stake in the company, Starboard has outlined various opportunities...

Smith & Nephew, a British medical technology company, has caught the attention of activist investor Cevian Capital. Cevian recently acquired a 5.11% stake in the company, believing that there is untapped potential for increased...

China has intensified its supervision of the Big Four auditing firms, including Deloitte, EY, PwC, and KPMG, amid growing concerns about corporate malpractice. The Ministry of Finance has ramped up its scrutiny of these...

Richard H. Glanton, a director at Mistras Group, Inc., recently sold 21,000 shares of the company's common stock in a transaction on June 20, 2024. The sale was made at a weighted average price...

Boeing's CEO, Dave Calhoun, and chief engineer, Howard McKenzie, faced criticism from a Senate panel for the company's safety and quality issues. During a hearing in Washington, they addressed concerns about whistleblower allegations, company...

Texas Instruments is a well-known global semiconductor company that designs, manufactures, tests, and sells analog and embedded processing chips for various markets. The company has a long history of innovation and strategic decision-making that...

Atlantic Union Bankshares Co. Director Acquires Over 4,000 SharesOn June 10th, 2024, Director Frank Russell Ellett of Atlantic Union Bankshares Co. (NASDAQ:AUB) purchased 4,467 shares of the company's stock. The transaction took place at...

Maples Group Facilitates Expansion of Global Hospitality Company in the CaribbeanInternational law firm Maples and Calder, operating under Maples Group, recently played a pivotal role in advising IHG Hotels & Resorts (IHG Group) as...

Nissan Paid Ex-COO $3.7 Million to Quit After Sexual Harassment ClaimsIn a surprising turn of events, Nissan has reportedly paid former Chief Operating Officer Ashwani Gupta a substantial sum of ¥582 million ($3.7 million)...

SK Group Chairman Chey Tae-won Faces Record 1.3 Trillion Won Divorce SettlementThe recent ruling ordering SK Group Chairman Chey Tae-won to pay his ex-wife a staggering 1.38 trillion won ($1 billion) in a divorce...

51Talk Online Education Group Announces New Board Member51Talk Online Education Group, a global online education platform specializing in English education, has made a significant change to its board composition. The company announced the appointment...