InfoSpace names independent investor Braden Kelly to its board of directorsSeptember 21st, 2009 InfoSpace names new board memberBELLEVUE, Wash. — InfoSpace Inc.
Bank of America names Holliday director, passes resolution to cut board size to 15 directorsSeptember 21st, 2009 Bank of America appoints new directorCHARLOTTE, N.C. — Bank of America Corp.
7 former CIA chiefs ask Obama to stop investigation into harsh CIA interrogationsSeptember 18th, 2009 Former CIA chiefs seek halt to interrogation probeWASHINGTON — Seven former CIA directors are asking President Barack Obama to quash Attorney General Eric Holder's investigation into harsh CIA interrogations of terror suspects during the Bush administration. The request came in a letter Friday from CIA directors who served both Democratic and Republican presidents, including three who served former President George W.
Colorado investigation company appoints Michael Chertoff to board of directorsSeptember 17th, 2009 Colorado company appoints Chertoff to boardLOVELAND, Colo. — A Colorado company that offers security-clearance background investigations to government agencies has named former Homeland Security Secretary Michael Chertoff to its board.
Strategic Hotels appoints Raymond L. "Rip" Gellein Jr. and Eugene F. Reilly to boardAugust 28th, 2009 Strategic Hotels names 2 independent board membersCHICAGO — Strategic Hotels & Resorts Inc. said Thursday that it has named Raymond L.
China-based Duoyuan Global Water appoints Ping Wei to board of directorsAugust 26th, 2009 Duoyuan Global Water appoints Ping Wei to boardNEW YORK — Duoyuan Global Water Inc., a Chinese supplier of water treatment equipment, said Wednesday it appointed Ping Wei to its board of directors. Wei, who will chair the board's audit committee, is the chief financial officer of China Distance Education Holdings Ltd.
'Satyam scam has scared small investors off stock markets'August 23rd, 2009 HYDERABAD - India has a huge potential to involve retail investors in the stock markets but they are not coming out to invest because they have learnt a lesson from the Satyam Computer fraud, feels Madhav Mehra, president of the London-based World Council for Corporate Governance. "The stock market participation of Indians is barely two percent while in the US it is 45 percent," Mehra told IANS during a visit here.
Women board members better at ousting the boss than making moneyAugust 7th, 2009 LONDON - Women board members may not be very good at making money, but they are really efficient when it comes to ousting male chief executives who are not up to the job, according to a study. In the research, two academics have apparently found that while female board members behave more like independent directors, this does not necessarily translates into bigger profits.
Gary Pfeiffer named chairman of Talbot's boardJuly 29th, 2009 Talbot's names Pfeiffer chairman of boardHINGHAM, Mass. — Retailer Talbots Inc.
Peabody appoints Robert Malone to board of directorsJuly 23rd, 2009 Peabody appoints Robert Malone to boardST. LOUIS — Peabody Energy Corp.
UAW trust for retirees picks former GM adviser Stephen Girsky to fill its board seatJune 18th, 2009 UAW trust picks former executive for GM board seatDETROIT — The trustees overseeing health benefits for hourly retirees at General Motors Corp. said Thursday they have chosen a former GM adviser to serve on the automaker's board of directors.
Canadian pension fund sweetens offer for Macquarie Communications of AustraliaJune 16th, 2009 Canadian fund raises bid for Australia's MacquarieTORONTO — A Canadian pension fund is sweetening its bid for Macquarie Communications Infrastructure Group, a communications network company with operations in Australia and the United Kingdom. The Australian company's independent directors are supporting the deal.
UAW says health care trust names former Michigan governor James Blanchard to Chrysler boardJune 11th, 2009 UAW health trust names Blanchard to Chrysler boardDETROIT — The United Auto Workers union said Wednesday that trustees of its retiree health care fund have named former Michigan governor James J. Blanchard to the board of the new Chrysler-Fiat venture.
Link CEO pay to company performance, say executivesMay 6th, 2009 NEW DELHI - A majority of Indian firms believe that there is a need to evaluate the performance of the top management and board members and to link the salaries of chief executives to corporate performance, said a report released by auditing major KPMG Wednesday. The report, 'The State of Corporate Governance in India: 2008', prepared on the basis of a corporate governance poll conducted by KPMG in India, said about 85 percent of the respondents said linking CEO remuneration to company performance would help improve corporate governance.
New Companies Act to give independent directors protectionFebruary 11th, 2009 NEW DELHI - The new Companies Act proposed by the government will provide greater levels of protection to independent directors, provided they are not accomplices to wrong-doings by promoter-directors or other executives of the company, Corporate Affairs Minister P.C. Gupta said here Thursday.