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Last updated on April 21, 2014 at 5:21 EDT

Latest Board of Directors Stories

2013-12-16 08:21:46

NEW YORK, Dec. 16, 2013 /PRNewswire/ -- MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy voting and corporate governance advisory firm, has recommended that MFC shareholders vote "AGAINST" the proposal by Peter Kellogg and IAT Reinsurance Company, Ltd. (the "Kellogg Group") to take control of the MFC board at the upcoming annual general and special meeting of MFC to be held on December...

2013-12-16 04:21:21

TORONTO, Dec. 16, 2013 /CNW/ - Cam Deacon and Dennis Sharp (the "Concerned Shareholders"), in their capacities as shareholders of Longreach Oil and Gas Limited (TSX-V: LOI) ("Longreach" or the "Company") are pleased to report that, further to their announcement of December 6, 2013, they have deposited today, at the registered office of Longreach, notice in writing signed by the holders of more than half the issued shares of the Company, thereby removing as directors of the Company...

2013-12-12 23:29:54

Board of Directors releases formal Resolution of Gratitude for Westerfield’s contributions to company growth and success Lancaster, PA (PRWEB) December 12, 2013 appMobi, Inc. today announced that Leland A. Westerfield, chief financial officer, has tendered his resignation in order to pursue other interests. Mr. Westerfield will remain with the company and continue to assist it as an employee through December 31, 2013. The board of directors of appMobi, in a formal resolution,...

2013-12-12 08:35:32

Second annual Spencer Stuart U.S. Technology Board Index highlights board's role in business transformation as well as the latest trends in board composition, practices and compensation for top U.S. technology companies NEW YORK, Dec. 12, 2013 /PRNewswire/ -- In 2014, Boards will have a critical role to play in business transformation and strategy, particularly in light of the pace of market and competitive change today. Spencer Stuart explored the board's evolving role in this area as well...

2013-12-09 16:24:06

MOSCOW, Dec. 9, 2013 /PRNewswire/ -- The Investor Protection Association (IPA), the Russian shareholders' rights watchdog, issued an alert regarding the results of the recent board elections at Sibirsky Tsement (Siberian Cement), where minority shareholders have been denied even a single seat on the company's Board of Directors, even though they held enough votes to win two seats on the five-member Board, Russian Business Newswire reports. The IPA has reported finding abuses in the...

2013-12-09 08:20:40

ZHANGZHOU, China, Dec. 9, 2013 /PRNewswire/ -- China Zenix Auto International Limited (NYSE: ZX) ("Zenix Auto" or "the Company"), the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, announced today that its board of directors has established a special committee (the "Special Committee") to consider the preliminary non-binding proposal letter for a restructuring of the Company's business, dated November 23, 2013, from Mr....

2013-12-06 16:21:30

TORONTO, Dec. 6, 2013 /CNW/ - Cam Deacon and Dennis Sharp (the "Concerned Shareholders"), in their capacities as shareholders of Longreach Oil and Gas Limited (TSX-V: LOI) ("Longreach" or the "Company") announced today that they are taking steps to reconstitute the management team and board of directors of Longreach (the "Board") in response to the concerns expressed by significant shareholders regarding the direction of the Company (collectively, the "Board Changes"). The...

2013-12-06 08:22:21

TSX:VTR TORONTO, Dec. 6, 2013 /CNW/ - Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) is pleased to announce that Glass Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services ("ISS") have both recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the "Arrangement") between Volta Resources and B2Gold Corp. ("B2Gold"), to be considered at the upcoming special meeting of shareholders of Volta Resources to...

2013-12-05 16:26:10

NEW YORK, Dec. 5, 2013 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today approved proxy access amendments to the company's bylaws. Proxy access allows eligible shareholders to place their own director nominees on the company's proxy card, along with the board candidates nominated by the company. Verizon's bylaw amendment specifies a three-percent/three-year holding requirement for eligibility. An individual or group of shareholders who...

2013-12-05 08:21:30

Announces Intent to Nominate Four Highly Qualified Director Candidates for Election at the Company's 2014 Annual Meeting LAGUNA BEACH, Calif., Dec. 5, 2013 /PRNewswire/ -- Maguire Asset Management today delivered a letter to the Board of Directors of U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) praising them for following up on Maguire's recommendation to find a buyer for the AutoMD business and removing the threat of NASDAQ de-listing due to lack of Independent Board members....