Corporate Governance

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

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

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

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

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

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

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

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?

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?

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

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

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

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?

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

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

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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