CHAIRMAN

Rio Tinto holds course as it looks inward for new chairman

Rio Tinto holds course as it looks inward for new chairman

Published 04/12/2017

Global miner Rio Tinto (RIO.AX)(RIO.L) signaled on Monday it will stick with its "value over volume" strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board. [more…]

Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

Published 30/11/2017

FILE PHOTO - Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at Eurozone finance ministers meeting in Brussels, Belgium July 10, 2017. REUTERS/Francois Lenoir/File [more…]

Sweden`s Ericsson proposes Ronnie Leten as new chairman

Sweden`s Ericsson proposes Ronnie Leten as new chairman

Published 09/10/2017

Struggling mobile telecom gear maker Ericsson proposed Ronnie Leten, former CEO at Atlas Copco, as its new chairman, it said on Monday. [more…]

Ericsson chairman says will not stand for re-election

Ericsson chairman says will not stand for re-election

Published 05/07/2017

Ericsson Chairman of the board Leif Johansson presents Borje Ekholm as the new CEO for the Swedish telecom company Ericsson during a press conference at the company's headquarters in Kista, Stockholm, Sweden October 26, 2016. TT News Agency/Janerik Henriksson/ via REUTERS

The chairman of struggling Swedish mobile equipment firm Ericsson said on Wednesday he would not stand for re-election at the company's next AGM in 2018.

[more…]

Chairman Wu charts roller-coaster ride for Waldorf-owner Anbang

Chairman Wu charts roller-coaster ride for Waldorf-owner Anbang

Published 14/06/2017

FILE PHOTO: Chairman of Anbang Insurance Group Wu Xiaohui attends the China Development Forum in Beijing, China March 18, 2017. REUTERS/Thomas Peter/File Photo

Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid for New York's Waldorf-Astoria Hotel in 2014, casting the company and its ambitious chairman as flagbearers for a new breed of Chinese dealmakers.

[more…]

HSBC breaks with tradition, names AIA boss Tucker as chairman

HSBC breaks with tradition, names AIA boss Tucker as chairman

Published 13/03/2017

AIA Group Chief Executive and President Mark Tucker poses during a news conference on the company's annual results in Hong Kong, China February 24, 2017. REUTERS/Bobby Yip

HSBC Holdings Plc (HSBA.L), Europe's biggest bank, tapped an outsider for its top job on Monday, appointing insurance veteran and AIA (1299.HK) Group boss Mark Tucker as chairman to replace Douglas Flint, who plans to step down in 2017.

[more…]

Toshiba chair ready to resign over Westinghouse writedowns: Nikkei

Toshiba chair ready to resign over Westinghouse writedowns: Nikkei

Published 28/01/2017

Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato

Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported.

[more…]

Bank of America officials worried about Moynihan vote: WSJ

Bank of America officials worried about Moynihan vote: WSJ

Published 14/09/2015

NEW YORK Some Bank of America Corp (BAC.N) officials told investors they could lose an upcoming shareholder vote on having Brian Moynihan continue as chairman [more…]

ISS urges shareholders vote to strip BofA CEO Moynihan of chairman title

ISS urges shareholders vote to strip BofA CEO Moynihan of chairman title

Published 05/09/2015

BOSTON Proxy adviser Institutional Shareholder Services on Friday recommended Bank of America Corp shareholders vote to strip Chief Executive Brian Moynihan of his additional title [more…]