Corporate Governance

Can a New CEO Get Subway Back on Track or Is the Company Looking to Sell Itself?

Posted: November 14, 2019 at 8:45 am

Sandwich maker Subway had more fast-food locations at the end of last year than any other quick-service restaurant in the United States. The privately held company had nearly 25,000 U.S. ...
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SunPower Poised to Split Into 2 Companies

Posted: November 11, 2019 at 10:20 am

SunPower Corp. (NASDAQ: SPWR) shares shot up on Monday after the company announced that it plans to separate into two independent, complementary, strategically aligned and publicly traded companies: SunPower and ...
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Boeing Board Can’t Defend CEO Muilenburg’s Job and Needs to Fire Him

Posted: November 6, 2019 at 6:35 am

During hearings on engineering problems with the Boeing 737 Max that were almost certainly responsible for two fatal crashes, Sen. Richard Blumenthal attacked Boeing for a “pattern of deliberate concealment” ...
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McDonald’s Easterbrook Makes Dumbest CEO Move of the Decade

Posted: November 4, 2019 at 6:15 am

Former McDonald's Corp. (NYSE: MCD) CEO Steve Easterbrook had one of the best corporate jobs in American, overseeing one of the world's most iconic brands, and admired for a turnaround ...
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Boeing Board Needs to Fire CEO Muilenburg

Posted: October 31, 2019 at 6:57 am

Boeing Co. (NYSE: BA) CEO Dennis Muilenburg was stripped of his chairman’s job two weeks ago. With new revelations about the 737 Max, that pilots knew of dangerous flaws in ...
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Ford Chair Bill Ford Has Run Out of Excuses

Posted: October 24, 2019 at 6:20 am

There is a myth that battered Ford CEO and President Jim Hackett runs Ford Motor Co. (NYSE: F). It is not true. Hackett works for William Clay Ford Jr., who ...
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Former WeWork CEO Neumann Won’t Give Part of His $1 Billion to Laid-Off Workers

Posted: October 23, 2019 at 6:20 am

The bailout of mammoth temporary office space rental phenom WeWork has been put into place. Its largest shareholder, Softbank, will take control. Through a series of loans and equity purchases, ...
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Is Under Armour on the Right Path With New CEO?

Posted: October 22, 2019 at 12:55 pm

Under Armour Inc. (NYSE: UAA) has announced that there would be a big change in executive leadership. Effective January 1, 2020, current chief executive officer and founder, Kevin Plank, will ...
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Are AT&T and Paul Singer About to Reach a Deal?

Posted: October 18, 2019 at 10:55 am

After disclosing a $3.2 billion stake in AT&T Inc. (NYSE: T) early last month, activist investor Paul Singer and his private equity firm Elliott Management sent a letter to company ...
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Boeing Should Have Fired CEO Muilenburg

Posted: October 12, 2019 at 8:35 am

The Boeing Co. (NYSE: BA) board of directors has fired CEO Dennis A. Muilenburg from his job as board chair but will let him stay on as chief executive, at ...
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IAC/InterActive’s Plan to Spin Off Match

Posted: October 11, 2019 at 12:45 pm

IAC/InterActiveCorp (NASDAQ: IAC) has announced that it made a preliminary proposal for a full separation with Match Group Inc. (NASDAQ: MTCH). This follows IAC's August announcement that it was considering ...
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Amazon Tells Us What’s Important — to Amazon

Posted: October 11, 2019 at 11:15 am

U.S. corporations are not known for their willingness to adopt a public stance on controversial political issues. On pocketbook issues, they are rarely silent, in either word or action. Just ...
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Is Bed Bath & Beyond’s New CEO the Start of a Turnaround?

Posted: October 10, 2019 at 11:45 am

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares jumped on Thursday after the firm announced that it would be adding a new chief executive officer to its roster. This has ...
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A New CEO Won’t Help Bed Bath & Beyond

Posted: October 10, 2019 at 7:15 am

Bed Bath & Beyond Inc. (NASDAQ: BBBY) has named a new chief executive officer. Traders pushed shares up sharply on the news. The fact of the matter is that the ...
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US CEOs Are Departing at a Record Pace, Tech Slammed

Posted: October 9, 2019 at 9:17 am

The number of U.S. chief executive officers who lost or left their jobs in September dipped by 5% compared to the August total. Last month, 151 CEOs left their jobs, ...
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