Latest Audit Committee Stories

2014-03-11 16:28:12

- Announces Non-Reliance on Previously Issued Financial Statements SEOUL, South Korea and CUPERTINO, Calif., March 11, 2014 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that the Audit Committee of the Company's Board of Directors has determined that the Company incorrectly recognized revenue on certain transactions and as a...

2014-03-03 08:30:41

BOSTON, Mar. 3, 2014 /PRNewswire/ -- Columbia Laboratories, Inc. (Nasdaq: CBRX) announced today that Donald H. Hunter, an executive and technology consultant with over 25 years of public company experience, has been appointed to its Board of Directors. Mr. Hunter qualifies as a financial expert under the SEC guidelines, and will serve on the Company's audit committee. "Donald Hunter brings a wealth of experience in accounting and control, financial reporting, mergers and...

2014-02-28 12:22:05

- Sands elected to lead Office of Internal Governance CHICAGO, Feb. 28, 2014 /PRNewswire/ -- Boeing Senior Vice President Wanda Denson-Low has announced her plans to retire from the company June 2 after serving on the company's executive council and leading the Office of Internal Governance for the past seven years. Diana L. Sands, vice president, Finance, and corporate controller, has been elected to replace Denson-Low as senior vice president, Office of Internal Governance,...

2014-02-18 08:35:42

HOUSTON, Feb. 18, 2014 /PRNewswire/ -- Oiltanking Partners, L.P. (NYSE: OILT) (the "Partnership") today announced that Carlin G. Conner, director and Chairman of the Board of the Partnership's general partner, has notified the Partnership of his intention to resign. Mr. Conner's resignation was given in connection with his notice to Oiltanking GmbH and its parent company, Marquard & Bahls A.G. ("M&B"), of his intention to resign as Managing Director of Oiltanking GmbH and...

2014-02-12 23:26:19

Stemedica announced today that Richard Mejia, Jr. has joined the Company’s Board of Directors and will be Chairman of the Company’s Audit Committee effective February 11, 2014. San Diego, CA (PRWEB) February 12, 2014 Stemedica announced today that Richard Mejia, Jr. has joined the Company’s Board of Directors and will be Chairman of the Company’s Audit Committee effective January 31, 2014. Mr. Mejia spent 38 years with Ernst & Young, LLP where he was a partner for 25 years. He...

2014-02-12 20:23:38

OKLAHOMA CITY, Feb. 12, 2014 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) (the "Company" or "Elephant Talk") (www.elephanttalk.com), a leading international provider of Software Defined Network Architecture (Software DNA(TM)) platforms and cyber security solutions, today announced that the NYSE MKT LLC (the "Exchange") has notified the Company that it has extended the review period for which the Company can work to regain compliance with the Exchange's listing...

2014-02-11 08:20:34

AZOUR, Israel, February 11, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN)(the "Company") announces today that, due to the untimely passing of Dr. Orna Ophir (see our immediate report in this regard, dated January 13, 2014), the Nasdaq Stock Market has notified the Company that it is not in compliance with Nasdaq's audit committee requirements, which mandate an audit committee of three board members (as set forth in Listing Rule5605(c)(2)); and that,...

2014-02-10 08:29:10

DENVER, Feb. 10, 2014 /PRNewswire/ -- Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) announced today that its Board of Directors has approved the appointment of Gary L. Hultquist to the Board. Nicholas J. Sutton, Chairman of the Board of Directors and Chief Executive Officer of Resolute, commented: "I am pleased to announce the appointment of Gary L. Hultquist to the Resolute Board of Directors. In conjunction with his appointment to the Board, he has also...

2014-02-04 16:31:50

TORONTO, Feb. 4, 2014 /PRNewswire/ - The Board of Directors for ViXS Systems Inc. (TSX: VXS) has elected Peter Currie as the new Chairman of the Board. Mr. Currie will succeed Brian Antonen, who will remain on the Board of Directors and continue to advise the company. Peter Currie has been an active member on the Board of ViXS since joining in 2009, and is currently Chairman of the Audit Committee and member of the Compensation Committee. Mr. Currie has extensive experience...

2014-02-03 16:24:08

JERSEY, Channel Islands, Feb. 3, 2014 /PRNewswire/ -- Velti plc's Board of Directors today announced that David W. Mann and David C.D. Hobley have each tendered his resignation as members of the Board of Directors and as Chairman of the Board and Chairman of the Audit Committee, respectively, effective January 24, 2014. These resignations follow the sale of the company's mobile marketing assets to affiliates of GSO Capital. SOURCE Velti plc

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'