Topic
Corporate governance
60 stories related to this topic, newest first.
finance15 hrs ago
WiseTech executive chair resigns during police investigation
The company’s share price rose 8.1 percent after the announcement. White will remain on the board as chief innovation officer.
benzinga.comfinance2 days ago
AustralianSuper Becomes Largest Shareholder in Whitehaven Coal
Australia's largest superannuation fund now holds the biggest stake in coal miner Whitehaven Coal. The $388 billion fund reversed its 2020 decision to exit the company under a net-zero emissions policy.
The Guardianai5 days agoUpdated
OpenAI in early talks to give 5% stake to U.S. government
OpenAI is discussing a plan to transfer 5% equity to a public investment vehicle. The proposal would also involve other U.S. AI companies and may require congressional approval.
The Guardianpolitics10 days ago
KPMG Partners Leaked Client Data to Win Audit Contracts, Inquiry Hears
The Guardian reported that at least three KPMG partners shared confidential Lendlease and Optus information with colleagues pursuing audits at Westpac, Dexus and Telstra. The firm mishandled a 2024 whistleblower complaint, prompting resignations of its former CEO and audit head a…
wealthmanagement.compolitics11 days ago
KPMG Australia Faces New Whistleblower Allegations Over Client Data Use
A Senate hearing examined claims that KPMG partners misused confidential client information to win audit contracts. The allegations follow a similar 2021 case involving the same firm and some of the same executives.
Japan Timesworld12 days ago
Former Nissan Chairman Says Shareholder Calls Reflect Anger Over Results
Carlos Ghosn stated that investor proposals for his return to Nissan show frustration with the company's performance since his departure. Shareholders rejected a proposal to bring him back at the annual meeting.
apnews.combusiness14 days ago
South Korea to Require All Listed Firms to Disclose and Cancel Treasury Stock Holdings
The Financial Services Commission said Tuesday that listed companies must now report details on treasury stocks and cancellation plans. The Cabinet approved the Commercial Act revisions on June 23 after National Assembly passage in February. The rules take effect June 30.
New York Postbusiness15 days ago
Del Vecchio Heir Seeks Larger Stake in Family Holding Company Ahead of June 30 Meeting
Leonardo Maria Del Vecchio issued an open letter accusing Delfin of governance failures over his proposed buyout of siblings' stakes. The dispute involves control of a Luxembourg holding company that owns 32.4 percent of EssilorLuxottica.
manilatimes.netfinance15 days ago
BPH Global Chairman Paul Stephenson Resigns, Francesco Cannavo Named Interim Executive Chairman
Paul Stephenson stepped down as chairman of BPH Global. Francesco Cannavo was appointed interim executive chairman in his place.
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The Guardianpolitics18 days ago
KPMG Admits Staff Leaked Optus Data to Telstra Bid Team
KPMG chair Martin Sheppard confirmed the breach at a parliamentary hearing. The firm also admitted surveilling a whistleblower and mishandling earlier complaints.
finance18 days ago
Japan Airlines CEO and Executives Take Pay Cuts After Cabin Crew Alcohol Incident
Mitsuko Tottori and other executives accepted temporary salary reductions after two cabin crew members violated alcohol rules before a domestic flight. One attendant was fired and another suspended.
Fortunescience20 days ago
Roelof Botha Joins SpaceX Board After IPO
The former Sequoia Capital steward and PayPal CFO was named to the board less than a week after SpaceX completed its initial public offering.
FO
under30ceo.compolitics20 days ago
Delaware Court Rules Elon Musk Tesla Pay Package Excessive
A Delaware court ruled that Elon Musk's $55 billion Tesla pay package was excessive. The decision prompted concerns that companies may relocate from Delaware to other states.
The Sydney Morning Heraldbusiness20 days ago
Former Executives Fined for Breaches Linked to Casino Money Laundering
Two former executives at an Australian casino operator received fines and bans for failing to address money laundering risks. A federal court also criticized the corporate regulator for reaching lenient deals with other board members.
middleeasteye.networld21 days ago
GameStop Investor Files to Delay $35 Billion CEO Pay Vote Pending More Disclosures
An investor filed to stop the shareholder vote until the company provides additional disclosures about the compensation plan.
Rapplerworld21 days ago
First Gen Independent Directors Defend Prime Infra Investments After Lopez Family Criticism
Three independent directors of First Gen Corporation issued a joint statement on June 16, 2026, defending investments in two pumped-storage hydroelectric projects developed by Prime Infra.
The Sydney Morning Heraldbusiness22 days ago
KPMG Australia to Stop Bidding on New Federal Contracts Until September 2026 but Keeps Existing Work
The firm will stop bidding for Commonwealth work while Finance commissions an independent review of its governance and integrity systems. It currently holds 297 active federal contracts worth $653 million.
Fortunefinance23 days ago
Nasdaq Shortens Index Entry Period for Large IPOs
Nasdaq changed its rules to let some large companies join the Nasdaq 100 index after 15 trading days instead of waiting for an annual review. The change affects index funds that track the Nasdaq 100, including the Invesco QQQ exchange-traded fund.
680news.combusiness24 days ago
KPMG Partners Face Parliamentary Hearing Over Document-Sharing Allegations
A parliamentary hearing scheduled for June 19 will examine allegations that KPMG partners misused confidential client documents. The hearing follows an internal whistleblower complaint and subsequent investigations by the firm and regulators.
insidermonkey.combusiness25 days ago
Huhtamäki Oyj Names Shareholders' Nomination Board Members
The Finnish packaging company confirmed the board's composition on June 12, 2026. Four major shareholders each appointed one member, with the board chair serving as an expert member.
theedgemarkets.combusiness25 days ago
Fox Corp. Board Extends CEO Lachlan Murdoch Contract Through 2030 and Raises Bonus
Fox Corp.'s board extended CEO Lachlan Murdoch's contract through 2030 and increased his target annual bonus to $9 million and equity award to $20 million starting July 1. The same filing showed his total compensation rose to $33 million in fiscal 2025 from $23.8 million the prio…
japantimes.co.jpfinance27 days ago
Goldman Sachs chief of staff to depart at end of June
The bank's chief of staff privately raised concerns about the CEO's decision to retain an adviser after her resignation. He is leaving the role at the end of June and stated his departure is unrelated to the internal disagreement.
benzinga.compolitics29 days ago
Diana Shipping Narrows Proxy Slate to Two Nominees for Genco Board
Diana Shipping Inc. reduced its slate of board nominees for Genco Shipping & Trading Limited to Jens Ismar and Paul Cornell. The company also urged shareholders to vote against two current Genco directors and to reject Genco's poison pill.
bbc.co.uksports30 days agoUpdated
David Sullivan Resigns as West Ham Chairman Amid Serious Historic Allegations and Fan Protests Following Relegation
Sullivan resigned immediately after the club learned of upcoming serious historic allegations. None of the claims involve West Ham United operations.
SK
thehindu.comtechnology31 days ago
Microsoft Board Member Reid Hoffman to Step Down at Year-End to Focus on AI Drug Discovery Startup Manas
LinkedIn co-founder Reid Hoffman, 58, informed the board Tuesday he will not seek reelection. He will remain a director until the company's annual meeting later this year.
marketwatch.combusiness31 days ago
Egan-Jones Backs Genco Incumbent Board Nominees Against Diana Shipping's Takeover Push
Proxy advisory firm Egan-Jones advised Genco Shipping & Trading Limited shareholders to support the company's six nominees at the 2026 Annual Meeting.
cnbc.combusiness32 days ago
LinkedIn Co-Founder Reid Hoffman to Leave Microsoft Board to Focus on New AI Biotech Startup
Hoffman, who joined the board in 2017 after Microsoft acquired LinkedIn, will step down to focus on his AI-native biopharmaceutical startup Manas.
Substrate placeholder — needs reviewpolitics32 days ago
Microsoft Completes Inquiry into Israeli Military Use of Azure, Terminates Contract, Tightens Security and Human-Rights Oversight
Microsoft completed an internal inquiry and announced new controls on national-security contracts and employee clearances after its Azure platform was used by Israel’s Unit 8200 to store intercepted Palestinian calls.
marketwatch.comworld33 days ago
U.K. Regulators Bar Financier from Company Boards
U.K. regulators banned a financier from serving on company boards after his lending firm collapsed in 2021. The decision follows the firm's insolvency proceedings.
foxbusiness.compolitics36 days ago
Anthropic Confidentially Files for IPO as It Prepares to Enter Public Markets
Anthropic confidentially filed for an IPO on Monday, becoming the third company to install investor-overriding mission guardians in a for-profit structure. A new Harvard Law paper analyzes risks using the Ben & Jerry’s and OpenAI cases.
Financial Timesfinance36 days ago
BP Begins Search for New Chair After Recent Appointment Ended
The company has started a process to find a replacement chair. Its senior independent director previously led the selection of the prior appointee.
Washington Examinerpolitics36 days ago
Exxon Mobil Shareholders Vote to Reincorporate in Texas
Shareholders voted 71.3% in favor of reincorporating in Texas despite recommendations against the move from ISS and Glass Lewis. The decision follows years of declining support for ESG proposals and sustained outflows from sustainable funds.
The Sydney Morning Heraldpolitics37 days ago
KPMG Australia CEO Andrew Yates and Senior Partner Resign Following Internal Whistleblower Review
Andrew Yates and senior partner Julian McPherson stepped down Friday after the firm acknowledged shortcomings in its handling of a whistleblower complaint. The resignations follow public disclosure of the matter in March.
jns.orgworld37 days ago
Shareholder Demands Inspection of New York Times Board Records
A shareholder group has given the newspaper five days to allow review of board and audit committee documents or face a court filing. The request follows a May 11 column and a subsequent statement by one named source.
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citizen.co.zaworld37 days ago
Former Finance Minister Convicted Over UnetCredit Reporting Failures
A former finance minister was convicted on Sunday for failing to ensure that UnetCredit's financial irregularities were reported to the public during his time as company chair.
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japan-forward.comworld37 days ago
Nidec to Pause Acquisitions, Invest ¥130bn in Governance Overhaul After Fraud Probe
Nidec President Mitsuya Kishida said the Kyoto-based motor maker will halt acquisitions to focus on governance reforms after accounting and product quality irregularities.
limerickpost.iefinance39 days ago
K92 Mining Elects Michael Carew to Board of Directors
K92 Mining Inc. elected Michael Carew to its board at the annual general meeting on May 29, 2026. Carew will serve on the audit and health and safety committees.
vancouversun.comworld39 days ago
Opinion Column Questions Corporate Leadership Standards
An opinion piece argues that companies are discarding established practices for evaluating leaders. The column references centuries of accumulated guidance on executive performance.
foxbusiness.combusiness40 days ago
BP Reports Former Chairman Disputes Dismissal Account
Albert Manifold stated he was dismissed without explanation less than a year after appointment. The company had previously described the departure differently.
nypost.comfinance40 days ago
BP Board Removes Chair Albert Manifold After Eight Months
BP removed chair Albert Manifold on Tuesday following a unanimous board vote citing governance and conduct issues. Manifold issued a statement Thursday rejecting bullying allegations while acknowledging he pushed staff hard on costs and performance.
France 24politics40 days ago
Macron Announces €1 Billion Stellantis EV Project
French President Emmanuel Macron announced private investments to expand electricity use. Two hundred companies signed a pact to double electricity's share of the energy mix to 60 percent by 2030.
FR
world40 days ago
Lululemon CEO plans brand changes after proxy fight
The company’s chief executive said a large cash reserve will support efforts to refresh the brand following a contested shareholder vote. The announcement came after the annual meeting concluded.
New York Postbusiness41 days ago
BP Removes Chairman Albert Manifold After Governance Concerns
BP ousted Chairman Albert Manifold this week following multiple whistleblower complaints about his conduct. The board cited governance oversight and conduct issues it deemed unacceptable.
Fortunefinance41 days ago
Companies Consider Adding Chief Trust Officer Role
Fortune published an opinion piece arguing that companies should create a Chief Trust Officer position. The article cites Edelman research showing declining institutional trust and outlines three reasons for centralized trust management.
boredpanda.comfinance41 days ago
SpaceX Files IPO Papers Showing Related-Party Leases With Valor Equity Partners
SpaceX disclosed three equipment lease agreements totaling nearly $20 billion with entities controlled by director Antonio Gracias. The filings also detail SpaceX's planned Nasdaq listing and reincorporation in Texas.
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offshore-technology.comworld42 days ago
BP Removes Chair Albert Manifold Over Governance Concerns
BP said it removed Chair Albert Manifold after identifying governance and conduct issues. The board acted less than a year after appointing him and named an interim replacement while it searches for a permanent chair.
The Independentworld42 days ago
BP Dismisses Chair Albert Manifold Over Governance and Conduct Concerns
BP removed chair Albert Manifold after the board cited governance oversight and conduct issues. The departure follows earlier leadership changes at the company and comes amid shareholder pressure.
thehindubusinessline.comfinance42 days ago
BP Removes Chairman Albert Manifold Over Governance Concerns
BP ousted Chairman Albert Manifold after the board received complaints about governance standards, oversight and conduct. The company said the decision followed an internal review of those issues.
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Forbesai42 days ago
Enterprises Need Deliberate Human Oversight in AI Systems
Forbes reported that companies must design human judgment into AI workflows rather than automate processes fully or delay adoption. The article states that AI systems lack accountability and context, requiring distributed human oversight across the lifecycle.
foxbusiness.comworld42 days ago
BP Removes Chairman Albert Manifold Over Governance Concerns
BP has removed its chairman Albert Manifold after the board cited serious concerns over governance, oversight, and conduct. Senior independent director Amanda Blanc said the board was surprised and disappointed by the issues uncovered.
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thehindubusinessline.comworld42 days ago
BP Board Ousts Chairman Albert Manifold Over Governance Issues
BP's board unanimously voted to remove Chairman Albert Manifold with immediate effect, citing governance oversight and conduct issues. Shares fell as much as 9 percent before recovering some losses. Ian Tyler was named interim chair.
manufacturing.netfinance42 days ago
Law Firm Investigates Shareholder Claims at Four Companies
Grabar Law Office announced investigations into potential fiduciary duty breaches at Commvault Systems, LKQ Corporation, Phreesia, and Power Solutions International. The notices were issued on May 26, 2026.
yahoo.comfinance42 days ago
Mango Vice-Chair Steps Down During Investigation Into Founder Death
The vice-chair of fashion retailer Mango has resigned to focus on an inquiry into the fatal fall of the company founder. The company confirmed the departure and said the investigation requires full attention.
japantimes.co.jpfinance43 days ago
Japan Urges Listed Companies to Prioritize Long-Term Investment Over Buybacks
Japan’s financial regulator is pressing listed companies to direct more cash reserves toward business investment rather than share repurchases and dividend increases. The guidance aims to support sustained corporate growth.
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benzinga.comworld46 days ago
SpaceX Files for IPO with Dual-Class Shares and Arbitration Rules
SpaceX submitted its S-1 registration statement for a planned NASDAQ listing expected to raise about $80 billion. The filing shows governance provisions that include dual-class shares and mandatory arbitration for shareholder disputes.
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finance.yahoo.comworld46 days ago
Inditex CEO Discusses Advantages of Family Ownership and Public Listing
Inditex CEO Oscar Garcia Maceiras spoke about the benefits of the company's dual structure. He addressed how family ownership and public listing work together.
businesstoday.inpolitics47 days ago
ExxonMobil Seeks Shareholder Vote on Moving Legal Domicile to Texas
ExxonMobil shareholders will vote on May 27 on a proposal to relocate the company's legal domicile from New Jersey to Texas. Proxy advisory firms Glass Lewis and ISS have recommended against the move.
SE
benzinga.comtechnology47 days ago
SpaceX Files for IPO with Musk Holding Majority Voting Control
SpaceX disclosed details of its planned initial public offering in a filing made public on Wednesday. The filing shows Elon Musk will hold more than 50 percent of the voting power after the offering.
benzinga.comworld47 days ago
Exxon Mobil Challenges Two Proxy Advisory Firms Over Texas Move
Exxon Mobil is responding to opposition from two proxy advisory firms regarding its plan to change its legal headquarters from New Jersey to Texas. The company is taking steps to address the firms' recommendations to shareholders.
deadline.comfinance47 days ago
Shell Awards Performance Shares to Two Executives
Shell plc granted conditional awards of performance shares under its 2023 share plan to two persons discharging managerial responsibilities on May 20, 2026. The awards are subject to performance conditions set by the Remuneration Committee.