corporate governance
60 stories related to this topic, newest first.
vancouversun.comOpinion 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.comBP 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.comBP Ousts Chair Albert Manifold After Eight Months Over Conduct Concerns
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 24Macron Announces €1 Billion Stellantis EV Project at Electrification Meeting
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.
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 PostBP 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.
FortuneCompanies 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.comSpaceX 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.
offshore-technology.comBP 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 IndependentBP 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.
news.google.comBP 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.
ForbesEnterprises 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.
rte.ieBP 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.
rte.ieBP Board Removes 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.
rte.ieLaw 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.
koreaherald.comMango 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.jpJapan 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.
benzinga.comSpaceX 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.
finance.yahoo.comInditex 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.inExxonMobil 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.
benzinga.comSpaceX 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.comExxon 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.
finance.yahoo.comCodelco Fires One Executive and Reprimands Others After Internal Audit
Codelco conducted an internal audit that led to the dismissal of one executive and reprimands for several others. The company is Chile's state-owned copper producer.
deadline.comShell 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.
digitaltrends.comSpaceX Files for IPO with Musk Retaining 85.1% Voting Control
SpaceX disclosed plans for an initial public offering that will leave Elon Musk with 85.1% combined voting power. Musk will own 12.3% of Class A shares and 93.6% of Class B shares after the offering.
foxnews.comNebraska Attorney General Sues Proxy Advisory Firm Over ESG and DEI Advice
Nebraska Attorney General Mike Hilgers filed a lawsuit against Institutional Shareholder Services alleging the firm violated fiduciary duties by incorporating ESG and DEI considerations into its proxy advice. The suit claims ISS coordinated with activist groups and failed to prio…
foxnews.comNebraska Attorney General Sues Proxy Advisory Firm Over ESG and DEI Advice
Nebraska Attorney General Mike Hilgers filed a lawsuit against Institutional Shareholder Services on May 20, 2026, alleging the firm violated fiduciary duties by incorporating ESG and DEI considerations into its proxy advice. The suit claims ISS coordinated with activist groups a…
finance.yahoo.comFermi Inc. Co-Founder Refutes Board Allegations Over Contractor Audits
Toby Neugebauer, co-founder and largest shareholder of Fermi Inc., responded to recent board statements about his conduct with contractors. He stated that his actions were part of an audit of third-party contracts ordered on December 31, 2025.
newrepublic.comShell Shareholders Reject Green Resolution at Annual Meeting
Shell shareholders voted against a climate-related resolution at the company's annual general meeting. Only 13 percent of votes supported the measure, which had been proposed by a green campaigner.
rigzone.comGlobal Indemnity Group Appoints New Board Member
Global Indemnity Group, LLC announced the appointment of a new director to its board effective May 18, 2026. The individual previously served on the board from 2019 to 2021.
rte.ieLululemon Board Files Proxy Materials Ahead of June 25 Vote
Lululemon's board submitted materials urging shareholders to vote against founder Chip Wilson's nominees. The June 25 shareholder vote will decide the outcome of the proxy contest.
s31833.pcdn.coLaw Firm Launches Investigation Into LiveRamp Board Duties in Proposed Sale
Johnson Fistel, PLLP announced an investigation into whether LiveRamp Holdings board members breached fiduciary duties regarding a proposed sale to Publicis Groupe. The inquiry follows LiveRamp's May 17 announcement of a definitive merger agreement.
ForbesLululemon Sends Letter to Shareholders Criticizing Founder Chip Wilson
Lululemon Athletica has sent a letter to shareholders ahead of its June 25 annual meeting. The letter criticizes founder Chip Wilson and his proposed board nominees while defending the company's current board and incoming CEO.
channelnewsasia.comESG Ratings Draw Backlash as Funds Shift Focus
A letter published by The Washington Times argues that ESG initiatives have shifted corporate priorities away from shareholder returns. The piece claims many companies face pressure to adopt political and social agendas beyond legal requirements. It highlights market responses in…
japantimes.co.jpLululemon Sets Shareholder Vote After Rejecting Founder Proposals
Lululemon Athletica Inc. turned down founder Chip Wilson's request to add new board members and scheduled a shareholder vote for next month. The company provided no additional details on the proposals or the vote.
benzinga.comLaw Firm Investigates Atkore Inc. on Behalf of Long-Term Investors
The Schall Law Firm announced an investigation into Atkore Inc. on May 17, 2026. The review examines whether the company breached fiduciary duties or issued misleading statements to shareholders.
citizen.co.zaSamsung and Union to Resume Mediation as 46,000 Workers Prepare Possible Strike
Samsung Electronics and its largest labor union will hold government-mediated talks on May 19, 2026, three days before an 18-day strike is set to begin. Chairman Lee Jae-yong apologized publicly after returning from an overseas trip and the company replaced its chief negotiator.
ForbesMusk vs. Altman Trial Reaches Jury in OpenAI Governance Dispute
The Elon Musk lawsuit against Sam Altman, Greg Brockman and OpenAI is now in the hands of an advisory jury in federal court in Oakland, California. The case centers on whether the company’s leaders breached the nonprofit mission established when it was founded in 2015. Up to $150…
benzinga.comFermi Shares Fall After Accelerated IPO as Founders Discuss Strategic Next Steps
Fermi raced to go public before an 80% plunge in its stock price left its founders battling over what comes next. The sharp decline comes after the company accelerated its initial public offering. No further details on the timing or specific disputes were disclosed.
Elon Musk Says SpaceX Will Take Steps to Protect Long-Term Mission from Short-Term Pressures
Elon Musk, head of SpaceX, said the company intends to structure itself so he cannot be removed. He cited the need to keep the company focused on making life multiplanetary rather than quarterly financial targets.
insidermonkey.comUS Energy Corp Accepts Resignation of Director and Reports 2026 Annual Meeting Results
US Energy Corp disclosed the resignation of one director and the shareholder voting outcomes from its 2026 annual meeting in an 8-K filed with the SEC on May 15. The changes trigger standard board governance processes and require the company to update its disclosures on director…
thehindu.comCRH Names New Director in 8-K Filing
CRH Public Ltd Co reported the election of a new board member under Item 5.02 of Form 8-K. The change triggers updated governance disclosures and requires the company to file any related compensatory arrangements within four business days if they qualify as material.
marketwatch.comCentene Corp Reports Director Departure and Shareholder Votes
Centene disclosed the departure of a board member under Item 5.02 and the results of matters submitted to a vote of security holders under Item 5.07 in an 8-K filed with the SEC. The changes trigger standard regulatory filings and contractual reviews that follow executive and dir…
manilatimes.netBreeze Acquisition Corp. II Names New Directors, Amends Charter Ahead of Business Combination
Breeze Acquisition Corp. II entered a material definitive agreement, elected two new independent directors, and amended its certificate of incorporation on May 15 2026. The changes clear the path for the blank-check company to complete a de-SPAC transaction by adjusting its equit…
insidermonkey.comEnphase Energy Director Mandy Yang Departs Board
Enphase Energy disclosed the departure of director Mandy Yang in an 8-K filing. The change triggers board composition adjustments and requires the company to update its disclosures with the SEC.
insidermonkey.comIndivior Names New Director Following Shareholder Vote
Indivior Pharmaceuticals reported the election of a new board member and the departure of another at its 2026 annual shareholder meeting. The change alters the company's board composition and triggers standard SEC disclosure obligations for the affected directors.
japantimes.co.jpGroup 1 Automotive Amends Bylaws Following Shareholder Vote
Group 1 Automotive filed an 8-K disclosing amendments to its articles of incorporation or bylaws under Item 5.03 and results from the submission of matters to a vote of security holders under Item 5.07. The changes and voting outcomes trigger updated corporate governance procedur…
foxnews.comGreat Southern Bancorp Director William Turner Resigns From Board
Great Southern Bancorp Inc. reported the resignation of director William Turner effective May 13 2026 under Item 5.02 of Form 8-K. The departure reduces the company's board by one seat and triggers standard SEC and exchange reporting obligations for the publicly traded bank holdi…
manilatimes.netOhio Valley Banc Corp Elects New Director and Amends Bylaws
Ohio Valley Banc Corp reported the election of a new board member and amendments to its governing documents following its annual shareholder meeting. The changes alter board composition and corporate procedures effective immediately and set new deadlines for related regulatory fi…
insidermonkey.comHexcel Announces Director Departure and Shareholder Votes
Hexcel Corp reported the departure of one director and the results of its annual shareholder meeting in an 8-K filing. The changes trigger standard SEC follow-on disclosures and board composition adjustments for the composites manufacturer.
inc42.comForian Completes Sale of Assets, Hands Control to New Owner and Faces Nasdaq Delisting
Forian Inc. reported the completion of an asset sale, a change in control, multiple board and officer departures, and amendments to its governing documents in an 8-K filed May 15, 2026. The transactions trigger immediate delisting proceedings from Nasdaq and require the company t…
marketwatch.comSplash Beverage Group Appoints New Director Following Officer Departure
Splash Beverage Group disclosed the election of a new board member and the departure of a principal officer in an 8-K filing. The changes trigger updated governance disclosures and potential follow-on regulatory filings with the SEC.
insidermonkey.com3D Systems Reports Director Departure and Bylaw Changes
3D Systems Corp disclosed the departure of a board member and amendments to its bylaws in an 8-K filing. The changes trigger updated governance documents that must be reflected in subsequent SEC filings and shareholder communications.
insidermonkey.comAccendra Health Elects New Director Following Officer Departure
Accendra Health disclosed the election of a new board member and the departure of a principal officer in an 8-K filing. The changes alter the company's board composition and executive oversight effective immediately upon the filing date.
insidermonkey.comQuaker Chemical Accepts Resignation of Chief Financial Officer
Quaker Chemical Corp disclosed the resignation of its chief financial officer in an 8-K filing. The departure triggers standard executive-transition disclosures and requires the company to identify a permanent or interim replacement under SEC rules.
livemint.comJames Hardie Industries Reports Director Departure in SEC Filing
James Hardie Industries plc disclosed the departure of a director under Item 5.02 of Form 8-K filed with the SEC on May 15 2026. The change triggers standard board governance processes and requires the company to update its disclosures within four business days under Regulation F…
thestreet.comClosing Arguments Held in Musk Lawsuit Against OpenAI and Altman
Attorneys for Elon Musk and OpenAI CEO Sam Altman delivered closing arguments Thursday in a trial centered on claims that OpenAI abandoned its founding nonprofit mission. Musk's team accused the company of prioritizing profits while Altman's lawyers called the allegations unsubst…
Financial TimesWeichai Ousts Management at Italian Yachtmaker Ferretti
Weichai has replaced the management at Ferretti Group after a shareholder vote on competing board slates. The action concludes months of conflict between the two largest investors in the Italian luxury yacht manufacturer. The vote determines the composition of the company's board…
dnaindia.comBoost Run Completes Reverse Merger as New Owners Take Control
Boost Run Inc. closed an acquisition that transferred control of the company to new shareholders through unregistered equity sales and triggered multiple governance changes. The transaction ends prior material agreements, installs new directors and officers, and starts the clock…
techcentral.co.zaMicrosoft Reports Departure of Executive in Item 5.02 8-K Filing
Microsoft disclosed the departure of a principal officer under Item 5.02 of Form 8-K filed with the SEC on May 14 2026. The change triggers standard executive transition protocols that require updated disclosures and board-level actions in the coming weeks.