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19 Mar 2012, 6:29 am
It joined U.S. private equity firm Sequoia Capital, which funded Google and Apple and is SKS’ largest shareholder, on the board of directors. [read post]
18 Mar 2012, 11:17 am
The typical D&O insurance policy will provide that a change in control occurs when another person or entity acquires 50 percent or more of the voting control or power to select a majority of the board of directors of the insured company. [read post]
15 Mar 2012, 9:53 am
Stanford, who told investors that the money was placed in certificates of deposit at the Stanford International Bank based in Antigua, used the money to, among other things, fund his luxurious lifestyle. [read post]
15 Mar 2012, 6:25 am
Bennington was a Managing Director of Robertson Stephens, a full service investment bank, where she ran the Legal Department. [read post]
15 Mar 2012, 1:33 am
On March 13, 2012, the FDIC filed an action in the Middle District of Florida in the agency’s capacity as receiver of the failed Florida Community Bank of Immokalee, Florida, against the failed bank’s former CEO and six of the failed bank’s former directors. [read post]
14 Mar 2012, 9:10 am
THE COMMITTEE ON FINANCIAL SERVICESTHE SECURITIES INVESTOR PROTECTION CORPORATION: PAST, PRESENT, AND FUTURE(PDF of transcript)WEDNESDAY, MARCH 7, 2012 9:30 A.M.? [read post]
13 Mar 2012, 6:45 pm
The CEO did not disclose to the El Paso board of directors (the “Board”) his interest in working with other El Paso managers in making a bid to buy the E&P business from Kinder Morgan. [read post]
13 Mar 2012, 7:33 am
” Whether or not to provide guidance and, if you do, the type of guidance to provide, is a company specific choice, one that should be made by management together with the audit committee, and in some cases the entire board of directors. [read post]
13 Mar 2012, 2:00 am
She has over 30 years experience in representing banks and other financial institutions. [read post]
12 Mar 2012, 7:44 pm
A recent article in Bank Safety & Soundness Reporter (paid subscription required) claims that while Dodd-Frank focused federal bank regulators on incentive-based compensation at the largest banks, bank examiners "are using safety and soundness criticism and the threat of formal action to micromanage not only the incentive plans, but also the base salaries of bank executives and directors. [read post]
12 Mar 2012, 3:38 pm
The Executive Director emphasized that communication fosters trust. [read post]
12 Mar 2012, 2:08 pm
Mike Jacobs, would overhaul the structure of the MARTA Board of Directors, staggering terms, imposing term limits and requiring representation of geographically diverse areas within MARTA’s jurisdiction. [read post]
12 Mar 2012, 10:08 am
The bank claimed it was acting as agent and couldn't reveal its clients' identity. [read post]
10 Mar 2012, 8:55 am
The bank claimed it was acting as agent and couldn’t reveal its clients’ identity. [read post]
10 Mar 2012, 8:52 am
The bank claimed it was acting as agent and couldn’t reveal its clients’ identity. [read post]
9 Mar 2012, 11:49 pm
In 2010, London Mayor Boris Johnson said phone hacking allegations had been substantially investigated and accused the Guardian and Labour party of whipping up the scandal to embarrass Andy Coulson, then David Cameron’s communications director. [read post]
9 Mar 2012, 11:34 am
No exclusion for proposal to amend by-laws regarding Board nominees. [read post]
9 Mar 2012, 7:25 am
A corporation's board of directors is responsible for making major business decisions. [read post]
9 Mar 2012, 4:29 am
In responses to Bank of America Corporation, The Goldman Sachs Group, Inc. and Textron, the Staff indicated that there appeared to be some basis that the companies could exclude the proxy access proposals under Rule 14a-8(c), which provides that a proponent may submit no more than one proposal. [read post]
8 Mar 2012, 3:59 pm
Foshee, who was the only non-independent director in El Paso’s 12-member Board, reached an agreement in principle on a deal at $27.55 per share in cash and stock. [read post]
