Corporate governance - Vigil
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February 25, 2022 10:39 AM
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Dutch investor to take majority stake in CannTrust

Dutch investor to take majority stake in CannTrust | Corporate governance - Vigil | Scoop.it

An investment group led by a Dutch firm is taking control of most of the assets of cannabis producer CannTrust Holdings Inc. 
after a long sales process under bankruptcy protection.

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February 25, 2022 10:36 AM
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Meet 50 emerging leaders reinventing how Canada does business

Meet 50 emerging leaders reinventing how Canada does business | Corporate governance - Vigil | Scoop.it
The Globe narrowed down 50 ‘Changemakers’ – entrepreneurs, academics and executives – whose dedication, perseverance and enthusiasm might just give us the lift we need to make it through the COVID-19 pandemic

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February 24, 2022 11:38 AM
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No More Blue or Gold Cards

No More Blue or Gold Cards | Corporate governance - Vigil | Scoop.it
Negotiating about who gets which color on a proxy card is always an odd highlight of a proxy contest. Company counsel, activist investors, proxy solicitors, and corp gov aficionados understand this, while others just puzzle over different colored scraps of coded paper. Thanks to new SEC regulations mandating a universal proxy card (UPC), this nominally interesting artifact of a baroque, obsolete proxy plumbing system will go away starting later in 2022.

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February 24, 2022 11:33 AM
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Bath & Body Works CEO to Step Down for Health Reasons

Bath & Body Works CEO to Step Down for Health Reasons | Corporate governance - Vigil | Scoop.it
Sarah Nash, the company’s board chairwoman, will serve as interim CEO when Mr. Meslow departs, which is scheduled for May 12, the company said. The retailer, formerly known as L Brands Inc., plans to begin a search for a permanent replacement.

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February 24, 2022 11:33 AM
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Russian Attack on Ukraine Roils Markets

Russian Attack on Ukraine Roils Markets | Corporate governance - Vigil | Scoop.it
Investors pushed down stocks and lifted the prices of oil, gold and government bonds, after Russian missiles and airstrikes hit Ukraine’s capital, Kyiv, and more than a dozen other cities across the country.

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February 24, 2022 10:57 AM
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The Potentially Profound Implications Of Ukraine For Corporate Governance

The Potentially Profound Implications Of Ukraine For Corporate Governance | Corporate governance - Vigil | Scoop.it
The repercussions of the Russian invasion of Ukraine could extend deeply across the American economy, extending ultimately to corporate governance.

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February 23, 2022 11:24 AM
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Shareholder capitalism works best for society | Financial Times

Shareholder capitalism works best for society | Financial Times | Corporate governance - Vigil | Scoop.it
Undeniably, public expectations about how business should behave have been changing. Large, publicly listed companies are under pressure from investors, customers and employees to do more to protect the environment and to help tackle other social ills.

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February 23, 2022 11:07 AM
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Meta’s Facebook Escalates TikTok Rivalry, Launches Reels Globally

Meta’s Facebook Escalates TikTok Rivalry, Launches Reels Globally | Corporate governance - Vigil | Scoop.it

Meta Platforms Inc. ramped up its counterattack against TikTok by launching its short-video product Reels for all global Facebook users on Tuesday and introducing many new features for advertisers.

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February 23, 2022 11:06 AM
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Companies Must Prepare for More Russian Cyber Activity, Experts Warn

Companies Must Prepare for More Russian Cyber Activity, Experts Warn | Corporate governance - Vigil | Scoop.it
Theresa Payton, founder and CEO of Fortalice Solutions and former CIO of the White House under President George W. Bush, said companies should consider locking accounts after two or three failed login attempts.

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February 23, 2022 11:05 AM
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Some Companies Ditch Annual Raises and Review Worker Pay More Often

Some Companies Ditch Annual Raises and Review Worker Pay More Often | Corporate governance - Vigil | Scoop.it
The demand for U.S. workers has led some manufacturers, technology firms and other employers to ditch the annual raise and switch to more frequent pay reviews as they compete for talent and keep pace with rising wages.

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February 23, 2022 10:58 AM
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Cruise CFO Works to Finalize Cost Structure for Robotaxi Venture

Cruise CFO Works to Finalize Cost Structure for Robotaxi Venture | Corporate governance - Vigil | Scoop.it
Cruise finance chief Bill Nash said he is learning from other ride-hailing companies as he works to finalize the cost structure of his company’s robotaxi venture.

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February 23, 2022 10:32 AM
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Guidance for Engaging on Climate Risk Governance and Voting on Directors

Guidance for Engaging on Climate Risk Governance and Voting on Directors | Corporate governance - Vigil | Scoop.it
This post provides details on topics that investors and proxy advisory firms may want to consider to inform their company engagements and decisions on whether to support the election of directors responsible for climate change risk oversight
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February 23, 2022 10:24 AM
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Michele Romanow now CEO of Clearco as ex-partner Andrew D’Souza becomes chairman

Michele Romanow now CEO of Clearco as ex-partner Andrew D’Souza becomes chairman | Corporate governance - Vigil | Scoop.it
The couple at the helm of one of Canada’s most heavily financed startups, Clear Finance Technology Corp., publicly acknowledged their romantic split Tuesday as they announced they are assuming new roles with the company.

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February 25, 2022 10:37 AM
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Shareholders and analysts shocked by ‘messy’ exit of Agnico CEO Tony Makuch after only 16 days

Shareholders and analysts shocked by ‘messy’ exit of Agnico CEO Tony Makuch after only 16 days | Corporate governance - Vigil | Scoop.it
Agnico Eagle Gold Mines Ltd. is cutting ties with chief executive officer Tony Makuch after he served for only 16 days, believed to be the shortest tenure on record for a leader of a major mining company anywhere in the world.

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February 24, 2022 11:38 AM
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Managing shareholder activism directed at SPACs —

Managing shareholder activism directed at SPACs — | Corporate governance - Vigil | Scoop.it
FW discusses how to manage shareholder activism directed at SPACs with Keith Billotti and Edward S. Horton at Seward & Kissel LLP.

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February 24, 2022 11:34 AM
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Ford CEO Says No Plans to Spin Off EV Business

Ford CEO Says No Plans to Spin Off EV Business | Corporate governance - Vigil | Scoop.it

Ford Motor Chief Executive Jim Farley said the auto maker doesn’t intend to spin off its electric-vehicle business, tamping down speculation that the company could break off its EV operations to boost market value.

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February 24, 2022 11:33 AM
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Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit

Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit | Corporate governance - Vigil | Scoop.it

Hong Kong Exchanges and Clearing Ltd. 388  has been a major beneficiary of Hong Kong’s deepening financial ties with China, as well as the decoupling of Chinese companies from U.S. markets, and is one of the world’s most valuable publicly traded exchange firms.

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February 24, 2022 11:32 AM
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Citadel Is Further Paring Back $2 Billion Melvin Investment

Citadel Is Further Paring Back $2 Billion Melvin Investment | Corporate governance - Vigil | Scoop.it
Citadel LLC is further paring back its $2 billion investment in Melvin Capital Management after the hedge fund stumbled in its effort to recover from a near collapse triggered by surges in GameStop Corp. and other “meme stocks” early last year.

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February 23, 2022 11:25 AM
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Global Sustainability Standards: Convergence and the Future

This online event will discuss updates and challenges of developments in sustainability reporting.
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February 23, 2022 11:18 AM
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Macy's and Kohl's get in a knife fight with Wall Street

Macy's and Kohl's get in a knife fight with Wall Street | Corporate governance - Vigil | Scoop.it
But Macy's and Kohl's are betting that their own strategies, not activists on Wall Street, give them the best chance to fend off retail competitors and avoid the same fate as vanished department stores.
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February 23, 2022 11:06 AM
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CIO Pay Jumps as Tech Moves Closer to Core of Business

CIO Pay Jumps as Tech Moves Closer to Core of Business | Corporate governance - Vigil | Scoop.it
Mondo pulls and analyzes data from 2,500 U.S. placements it makes every year, and then pairs that data with insights from talent specialists in the field.

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February 23, 2022 11:05 AM
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Companies Must Prepare for More Russian Cyber Activity, Experts Warn

Companies Must Prepare for More Russian Cyber Activity, Experts Warn | Corporate governance - Vigil | Scoop.it
U.S. companies should prepare for cyber blowback as President Biden imposes sanctions on Russia for its ongoing aggression in Ukraine, experts said.

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February 23, 2022 10:59 AM
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Carvana Under Pressure as Pandemic Surge Slows

Carvana Under Pressure as Pandemic Surge Slows | Corporate governance - Vigil | Scoop.it

Now Carvana is facing tests. The tailwinds that boosted growth, rising used-car prices, low interest rates and an early-mover advantage in online car sales are ebbing. And the cash-burning company is years away from profitability.

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February 23, 2022 10:58 AM
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Tech Giants to Be Forced to Share More Data Under EU Proposal

Tech Giants to Be Forced to Share More Data Under EU Proposal | Corporate governance - Vigil | Scoop.it
The European Union is proposing legislation that would force more data sharing among companies in Europe—aiming to loosen the grip officials say a few big tech companies have on some commercial and industrial data.

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February 23, 2022 10:24 AM
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Bridging Finance investors to lose $1.3-billion after sale process terminated because of unsatisfactory bids

Bridging Finance investors to lose $1.3-billion after sale process terminated because of unsatisfactory bids | Corporate governance - Vigil | Scoop.it
The sale process was initiated by Bridging’s court-appointed receiver, PricewaterhouseCoopers LLP, in August, 2021. After engaging with more than 200 potential bidders and then narrowing the formal offers down to two, PwC determined the final bids were unsatisfactory.

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