Boardroom Agenda
Federal Financial Crisis Warning Office Struggles to Be Relevant
In June 2009, a small group of academics sent an envoy to a Washington, D.C., think tank to pitch their vision for a research office to help the nation avoid the next financial crisis. The idea was ...
Biggest Hurdles Yet to Come in Strengthening Global Financial System
"What a week," tweeted European Union financial services chief Michel Barnier last Thursday after securing an agreement on how to wind up failed banks without making the region's taxpayers foot the ...
RLI Appoints Angelina to Board of Directors
RLI Corp. announced Friday that Michael E. Angelina, executive director of the Academy of Risk Management and Insurance at Saint Joseph's University, has been appointed to its board of directors. ...
CEOs Hurt Firm Performance By Overstaying Their Welcome: Study
The longer CEOs stay in power, the more likely chief executives are to limit outside sources of market and customer information, ultimately hurting firm performance. A new study suggests that most ...AIG Selling Aircraft Leasing Firm for $5 Billion
American International Group Inc. agreed to sell the world's second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the ...
RSA Insurance Ireland CEO Lee Resigns After Another Lower Profit Warning
RSA Insurance Group Plc Chief Executive Officer Simon Lee quit after warning for the third time in six weeks that profit will be lower as the insurer injected more capital into Ireland amid an ...
Clubby Culture on U.S. Corporate Boards, Study Says
Almost 40 percent of U.S. corporate directors with responsibility for monitoring the profit-and-loss ledger have social ties to the chief executive, a study says, making them look more like lapdogs ...
Becker to Become QBE Chairman
QBE announced on Monday that Marty Becker will succeed Belinda Hutchinson as chairman when she retires from the QBE board in March 2014. Hutchinson had previously advised the board at the start of ...