Boardroom Agenda
Buffett Says His Berkshire Successor Should Get Stock Options
Warren Buffett, the second-richest man in the U.S., said his eventual successor as chief executive officer of Berkshire Hathaway Inc. should be the company's sole manager getting stock options as ...
Citigroup Needs to Simplify Itself, Say Bank Leaders
The two men at the top of Citigroup Inc, the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do more to simplify itself. Asked at an annual meeting ...
Study Links Boardroom Team Dynamics with Profitability
A board of directors can better accomplish a company's goals when the members function well as a team, according to a management researcher who studied what makes boards effective and good for the ...
Endurance Chips Away at Resistance to Its $3.2B Aspen Offer
Endurance's $3.2 billion hostile bid for Aspen Insurance Holdings took another nasty turn on April 21. Endurance's chief financial officer asserted in a blunt statement that the continued resistance ...
Aspen Restates, Expands on ‘Serious Concerns’ With Endurance ‘Proposal’
Three days after adopting a poison pill to fend off a hostile bid from Endurance, Aspen sent a letter to its shareholders Sunday restating concerns it first aired hours after the bid was made public ...
Former Lloyd’s USA Leader Nominated for Term on Meadowbrook Board
Meadowbrook Insurance Group, Inc. announced that Winifred "Wendy" A. Baker, a former executive of Lloyd's USA, is one of four individuals nominated for three-year terms on its board of directors. In ...
Aspen-Endurance Battle Escalates: Aspen Adopts Poison Pill, Endurance Reacts
The takeover battle between Aspen Insurance Holdings Ltd. and Endurance Specialty Holdings Ltd. escalated on Thursday, with Aspen's board of directors announcing a shareholder rights plan—commonly ...
SEC Unveils Blueprint for Cyber Security Exams of Wall St. Firms
U.S. securities regulators have unveiled a road map that lays out how they plan to make sure Wall Street firms are prepared to detect and prevent cyber security attacks. The nine-page document, ...