Tag

Board Chair

All articles tagged with #board chair

business1 month ago•2 min saved

P&G delivers EPS beat but revenue miss in Q4 2026 as demand weakens

P&G posted a mixed Q4 2026: adjusted EPS of $1.43 beat expectations, while revenue of $21.2 billion missed consensus amid flat organic growth and generally slowing demand. Beauty led with 3% volume growth; other segments were weaker, and health care was the softest. For fiscal 2027, the company sees EPS of $6.89–$7.11 and 1%–3% sales growth, but faces roughly $1 billion in after‑tax headwinds from higher costs. CEO Shailesh Jejurikar will become chair of the board on August 1.

via CNBC|

#board-chair #business #earnings

business6 months ago•4 min saved

PayPal taps Enrique Lores to lead as CEO, with Dorman as independent chair

PayPal Holdings named Enrique Lores President and CEO, effective March 1, 2026, with Jamie Miller serving as Interim CEO until the transition; David W. Dorman was appointed Independent Board Chair as the company moves to a new leadership era following Alex Chriss's departure after advancing Venmo monetization and BNPL initiatives. Lores, former HP Inc. CEO, is expected to steer accelerated innovation in a rapidly evolving payments landscape.

via PayPal Newsroom|

#board-chair #business #ceo-appointment

business7 months ago•13 min saved

PayPal taps HP veteran Enrique Lores as CEO and names David W. Dorman as independent chair

PayPal’s board appointed Enrique Lores, previously HP Inc.’s CEO, as PayPal’s new president and chief executive officer effective March 1, 2026, with Jamie Miller serving as interim CEO until Lores takes over; David W. Dorman was named Independent Board Chair with immediate effect. The move follows a board review of the company’s competitive position, and the leadership change is expected to accelerate PayPal’s transformation, innovation, and execution in the evolving payments and digital-commerce landscape.

via PYPL Investor Relations|

#board-chair #business #ceo-appointment

education2 years ago•1 min saved

Michigan State University's Accreditation at Risk Due to Board Chair's Actions

The head of accreditation at Michigan State University (MSU) has stated that the school's accreditation is at risk due to the actions of board chair Rema Vassar. Allegations include Vassar interfering in the administration's business, using a donor's private jet, and appearing in an ad for a former trustee's wealth management firm. Losing accreditation would jeopardize MSU's federal funding and ability to offer financial aid. The Higher Learning Commission (HLC) is closely monitoring the situation and requires changes to ensure compliance. Vassar admitted to the private jet travel but did not address the interference allegations directly.

via The State News|

#accreditation #board-chair #education

education2 years ago•9 min saved

Trustee Demands Removal of Board Chair Vassar for Bullying and Plotting

Michigan State University (MSU) trustee Brianna Scott has called for the removal of board chair Dianne Byrum Vassar, accusing her of bullying and plotting harmful consequences. Scott's letter alleges that Vassar interfered with the administration, bullied the interim president, flew on donors' private jets, meddled in a lawsuit settlement, attempted to cover up a shooting incident, violated ethics policies, and refused to cooperate in an investigation. Scott has asked Vassar to resign, and if she doesn't, Scott calls on the other trustees to vote for her removal or refer the matter to Governor Gretchen Whitmer for possible impeachment.

via The State News|

#board-chair #bullying #controversies

business3 years ago•2 min saved

Illumina CEO survives Carl Icahn proxy battle, but chairman ousted.

Activist investor Carl Icahn has succeeded in ousting Illumina's board chair, John Thompson, but failed to remove CEO Francis deSouza in a two-month proxy battle. Shareholders also voted to install one of Icahn's three board nominees, Andrew Teno. Icahn had urged shareholders to vote off deSouza and Thompson from the nine-member board. The vote is a blow to Illumina, which has claimed Icahn's three nominees lack "relevant skills and experience" and would "threaten the progress" of the biotech company's core DNA sequencing business.

via CNBC|

#board-chair #business #carl-icahn