Boardroom Agenda
D&O Lawsuits by FDIC on Fast Pace: Cornerstone Research
This year's Federal Deposit Insurance Corp. (FDIC) litigation over failed financial institutions is already exceeding that of the previous three years. According to a new report by Cornerstone ...
SEC Unveils CEO-to-Worker Pay Ratio Rule
U.S. corporations will need to disclose how their chief executive officers' paychecks compare with those of their workers under a proposal unveiled on Wednesday by the U.S. Securities and Exchange ...
Keep Stricter Audit Committee Standards Flexible, Argues New Canada-Based Study
Independent, financially-literate audit committees lead to higher firm values and less diversion of resources by management, shows a new study by researchers at the University of Toronto. But the ...
Ackermann Quits Siemens, Dismisses Influence in CFO Suicide
Josef Ackermann said he will step down as deputy chairman of Siemens AG's supervisory board and dismissed the idea that he had any bearing on the suicide of the finance chief at Zurich Insurance ...
Former Zurich Chair Ackermann’s ‘Late Remorse’ May Be Premature: Review
Josef Ackermann, the former chief executive of Deutsche Bank AG and chairman of Zurich Insurance, cannot be happy about the timing of a new book by his ex-head of communications at Deutsche Bank AG. ...
Zurich Insurance Appoints de Swaan Chairman, Replacing Ackermann
Zurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial Officer Pierre Wauthier. Fred Kindle, 54, chairman of Exova ...Selective Insurance Names Marchioni President, Chief Operating Officer
Selective Insurance Group Inc. has selected John Marchioni as president and chief operating officer. Gregory E. Murphy, who remains chairman and chief executive officer, previously held the president ...
JPMorgan’s Board Takes Some Power from Dimon
JPMorgan Chase & Co.'s board, under fire for the bank's trading losses and myriad government probes, said on Monday that it was adding two directors and handing more power to its lead independent ...