CEO / Chief Executive
Fed Approves Process for Designating Nonbanks for Stricter Regulation
The U.S. Federal Reserve said on Wednesday that it had approved a final rule to clarify the process the new U.S. risk council will follow when it begins designating nonbank financial firms for ...Greenberg’s View: AIG, Inside vs. Outside Directors and Arthur Levitt
Former AIG CEO and Chairman Maurice "Hank" Greenberg warned against the movement to install more outside directors on corporate boards long before a group of outsiders took over American ...
IRS Asked to Clarify Obamacare Investment Tax
Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a ...
Twitter, Facebook Disclosures Okay, SEC Says
As long as companies alert investors about which social media outlet they plan to use in advance, they can use outlets like Facebook and Twitter to disclose key information, the Securities and ...
Should Tweeting CEOs Be Muzzled or Glorified?
If the CEO of a public company posts good news about the company's booming business on Facebook, does that same CEO have an obligation to post information about a subsequent business decline? The ...
Lots Of Room For Improvement In U.S. P/C Industry ERM Capabilities: PwC
PwC's recent survey into enterprise risk management practices in the U.S. insurance industry showed that many companies are taking active steps to develop their ERM frameworks. However, the survey ...AIG Adopts Clawback Policy, Employee Incentive Plans
American International Group, the insurer whose government bailout was marked by controversy over executive salaries, on Wednesday said its board adopted a clawback policy to recover compensation in ...
Analysis: Shareholder Revolt Over Pay Unlikely in Europe This Spring
While politicians and public have fulminated against lottery-sized pay awards in Europe's boardrooms, fund firms, which wield the real power, are less concerned by such excesses and unlikely to use ...