Tag

Board Of Directors

All articles tagged with #board of directors

business24 days ago•6 min saved

Chip Bergh Joins lululemon Board, Signals Strategic Refresh

Lululemon announced the appointment of Chip Bergh, former Levi Strauss & Co. CEO, to its Board of Directors as part of ongoing board refreshment. Bergh will stand for election at the 2026 annual meeting, replacing David Mussafer who will not seek re‑election. The company touts Bergh’s brand and retail leadership, notes that five independent directors have joined the board in the last five years, and emphasizes continued CEO succession planning and long‑term growth strategy. Bergh’s background includes 28 years at Procter & Gamble and board roles at HP Inc., e.l.f. Beauty, and Pinterest.

via Lululemon|

#board-of-directors #business #chip-bergh

business24 days ago•7 min saved

Lululemon Faces Boardroom Tug-of-War as Founder Challenges Directors

Lululemon is in a corporate power struggle as founder Chip Wilson battles the board while interim co-CEOs Meghan Frank and Andre Maestrini push a turnaround to revive a waning yoga-pants empire, pursuing faster product cycles, store upgrades, and diversification beyond yoga amid competition from Alo Yoga and Vuori, with Elliott Investment Management pressing for a new CEO and potential board changes.

via The New York Times|

#activist-investor #board-of-directors #business

technology2 months ago•4 min saved

Ashes of Creation in Turmoil as Director Resigns and Studio Faces Mass Layoffs

Steven Sharif, the creative director of Ashes Of Creation, resigned in protest over ethical disagreements with the company's board; shortly after, senior leadership followed and multiple staff were laid off under WARN notices, casting doubt on the MMO's future as it remains in Steam Early Access.

via Rock Paper Shotgun|

#ashes-of-creation #board-of-directors #intrepid-studios

business2 months ago•2 min saved

Doug Bowser Joins Hasbro Board, Linking Nintendo Legacy with a Toy Giant

Former Nintendo of America president Doug Bowser has joined Hasbro's board of directors alongside Carla Vernon, former CEO of The Honest Company, bringing brand-building and consumer-experience expertise to support Hasbro's Playing To Win strategy.

via My Nintendo News|

#board-of-directors #business #carla-vernon

business2 months ago•5 min saved

Nintendo Veteran Doug Bowser Joins Hasbro Board

Doug Bowser, former Nintendo of America president, has joined Hasbro's board of directors alongside Carla Vernón of The Honest Company; Hasbro says his leadership in consumer brands and franchises will support long-term growth as Nintendo appoints Devon Pritchard as its new NoA president and COO.

via Nintendo Life|

#board-of-directors #business #corporate-governance

business5 months ago•1 min saved

Tesla Chair Warns Musk May Leave Over $1 Trillion Pay Deal

Tesla's Chair Robyn Denholm warns shareholders that CEO Elon Musk may leave if his proposed $1 trillion performance-based compensation plan is rejected, emphasizing its importance for Musk's continued leadership and Tesla's future growth, amid opposition from proxy advisers and scrutiny over board independence.

via Nasdaq|

#board-of-directors #business #compensation-plan

business8 months ago•2 min saved

Paramount-Skydance Merger: Leadership and Strategic Changes Unveiled

Skydance Media announced a new board for the upcoming Paramount merger, featuring notable industry leaders including former Paramount CEO Sherry Lansing and Oracle CEO Safra Catz, to guide the company's future growth and strategy.

via Deadline|

#board-of-directors #business #paramount-merger

business8 months ago•2 min saved

David Ellison to Lead New Paramount-Skydance Merger

Skydance Media announced the new board of directors for the merged company Paramount Skydance, which will include notable figures such as Sherry Lansing, Safra Katz, and Gerry Cardinale, with David Ellison set to be the chairman and CEO, following the completion of the merger with Paramount Global.

via Variety|

#board-of-directors #business #david-ellison

business8 months ago•5 min saved

Comcast's Versant Spinoff Announces New Board of Directors

Comcast announced the formation of a new independent media company, Versant Media Group, which will include NBCUniversal's cable networks and digital assets, with a planned spin-off by the end of 2025. The company will have a new board of directors featuring notable executives and industry leaders, and Comcast's CEO Brian Roberts will retain a significant voting interest but will not serve on the board.

via Variety|

#board-of-directors #business #comcast

business8 months ago•3 min saved

Versant Spinoff Announces Board of Directors with Industry Veterans and AI Experts

Comcast announced the board of directors for its cable networks spinoff, Versant, which will become the parent company of NBCUniversal’s cable networks and digital assets, with a leadership team from diverse backgrounds in media, technology, and finance, aiming to complete the spinoff by the end of the year.

via CNBC|

#board-of-directors #business #comcast

business9 months ago•3 min saved

Tesla delays annual shareholders meeting to November amid governance concerns

Tesla faces criticism from governance experts for delaying its annual shareholder meeting until November, well past the legal deadline, raising concerns about shareholder rights and corporate accountability, especially amid ongoing debates over CEO Elon Musk's compensation and company oversight.

via Fortune|

#board-of-directors #business #corporate-governance

business9 months ago•3 min saved

Elon Musk's Political Moves Spark Tensions with Trump and Impact Tesla

Tesla's board is urged to rein in Elon Musk's political pursuits after his announcement to form the America Party caused Tesla's stock to drop nearly 7%, prompting calls for clearer boundaries and oversight to prevent further impact on the company's future.

via New York Post|

#board-of-directors #business #elon-musk

business9 months ago•3 min saved

Netflix Reaffirms Board Composition with New Appointment and Resignation Rejection

Netflix's board has rejected the resignation of Jay Hoag despite shareholder opposition and has appointed Ellie Mertz, Airbnb CFO and former Netflix finance executive, as a new director, strengthening the company's leadership team.

via Variety|

#board-of-directors #business #corporate-governance

business10 months ago•3 min saved

Netflix Shareholders Vote to Oust Lead Director Jay Hoag

Netflix shareholders voted out director Jay Hoag due to poor attendance and lack of disclosure, marking a rare instance of shareholder repudiation; Hoag offered to resign, and the board will decide whether to accept it, amid broader scrutiny of corporate governance and executive compensation.

via Deadline|

#board-of-directors #business #corporate-governance

business10 months ago•2 min saved

Netflix Board Considers Resignation of Lead Independent Director After Shareholder Vote

Netflix's board will decide whether to accept the resignation of lead independent director Jay Hoag after he failed to secure a majority of shareholder votes, influenced by a report criticizing his attendance record, though his attendance has improved recently.

via The Hollywood Reporter|

#board-of-directors #business #jay-hoag