Although the measures adopted by Uber Technologies significantly shores up its corporate governance and reputation, it has however ticked off early Uber investors since it cuts off their super-voting rights which gives them 10 votes per share. This could potentially… Read More ›
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›
Air Berlin’s board will take a final decision on the bidding process after October 11. As per two sources familiar with the matter at hand, Lufthansa is likely to buy a large stake in insolvent rival Air Berlin; EasyJet is… Read More ›
The activist hedge fund has stated it is willing to work with the existing board to improve its operating margins. William Ackman’s Pershing Square Capital Management has disclosed, it plans on nominating directors to Automatic Data Processing Inc’s 10 member… Read More ›
With these latest additions, all eyes are on the success of its mass-market sedan, the Model 3. There is no looking back if the Model 3 is a hit. Tesla Inc has appointed James Murdoch, the Chief Executive of Twenty-First… Read More ›
Kalanick could do with a vacation. As per a source familiar with the matter at hand, on Sunday Uber Technologies’ board discussed the temporary stepping away of Travis Kalanick, its Chief Executive, as the embattled ride-hailing company considers significant… Read More ›
The activist hedge fund got a seat in Citrix’s board in 2015. The company is now looking for strategic alternatives, including a potential sale. According to people who choose to remain anonymous, Citrix Systems Inc, is looking for strategic alternatives,… Read More ›
By 2018 Jim Hagemann Snabe is likely to reduce his supervisory board positions and be Siemens chairman. Germany’s top engineering group, Siemens has proposed that Jim Hagemann Snabe, the former Co-CEO of SAP be its next chairman, ahead of its… Read More ›
An environmentalist, Susan Avera is the former head of the Woods Hole Oceanographic Institution who is also a former professor at the University of Colorado, Boulder. In a significant development that potentially bodes well for the environment, the world’s largest… Read More ›
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