Corporate Governance: Separating the CEO and the Chairman Roles Reference: Millstein Center Publication Name: D & O Diary Publication Date: Tuesday‚ April 14‚ 2009 Article by : Kevin LaCroix Article summary: Many voices are calling public companies to separate the Chairman and CEO functions and to make this model a default governance structure and many evidences shows advantages of that. Pushing to separate the two roles is not a new idea‚ but it has gained support from many sources lately
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PressReleasePing Cloud Income Properties Announces New Chairman of the Board Jeff Fagin Cloud Income Properties Inc.‚ (Cloud) today announced the election of Mr. Jeff Fagin to Chairman of the Board by a unanimous vote of the Board of Directors. Phoenix‚ Arizona‚ August 26‚ 2014 /PressReleasePing/ - Cloud Income Properties Inc.‚ (Cloud) today announced the election of Mr. Jeff Fagin to Chairman of the Board by a unanimous vote of the Board of Directors. Jeff Fagin brings over 35 years of
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Before we can distinguish whether or not Ben Bernanke is doing a good job‚ first we need to see what his “job” really is. His title is the Chairman of the Board of Governors of the Federal Reserve System. The Board of Governors is the head of the central banking or Federal Reserve System of the United States. Federal Reserve System was created “in order to provide a safer‚ more flexible banking and monetary system… facilitating the solidity and growth of the national economy‚ maintaining
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card are voting cards‚ in case you wish to use your right to vote at the shareholders’ meeting. In case you do not wish to use your right to vote at the shareholders’ meeting or if you are prevented from attending the shareholders’ meeting‚ the chairman will happily accept your proxy to vote on your behalf. If you wish to do so‚ tick off‚ date and sign the enclosed authority form and return it in the enclosed post-paid envelope. The company’s annual accounts 20XX/20XX will be forwarded‚ as soon
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------------------------------------------------- Kraft Foods’ Board of Directors Name/Title | Current Board Membership | John T. Cahill‚ 56Executive Chairman | Legg Mason‚ Inc.‚ Colgate-palmolive Co.‚ Kraft Foods Group‚ Inc. | William Anthony Vernon‚ 57Chief Executive Officer & Director | Novocure Ltd.‚ Philadelphia Youth Organization‚ Kraft Foods Group‚ Inc.‚ Medivation‚ Inc. | Myra Maloney Hart‚ 72Independent Director | Kraft Foods Group‚ Inc.‚ Nina Mclemore Llc‚ Babson College
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CASE STUDY Indispensable DANIEL VASCONCELLOS Edward Bennett is a talented CEO with a lot on his plate. But he’s not getting any younger‚ and his board can’t get him engaged in succession planning. T om Calloway‚ nonexecutive chairman of Astar Enterprises‚ put the phone back in its cradle as gently as he could‚ given the circumstances. He had just finished yet another difficult and unsatisfactory conversation with Edward Bennett‚ Astar’s CEO‚ about succession planning. Calloway
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Loblaw Company Ltd. Loblaw Companies Limited is a subsidiary of George Weston. The company distributes: food products‚ general merchandise‚ drugs‚ and financial services through retail‚ wholesale‚ and discount stores. It is headquartered in Toronto. * Employee Amount: 139 thousand 1. Present Situation of the company (financial results‚ trends‚ etc. - whatever you feel is important) * Loblaw has a strong portfolio of private label brands which provides a margin advantage. However‚ a
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Radiologist- Dr. Ralph Kemper and three other radiologists‚ and other physicians. Lastly the governing body who are Russell Adams- Board Chairman‚ Board members- (13 total) and 4 physicians. Background and Facts Charlie Jones was the CEO for Riley Memorial Hospital for 23 years before being fired by Russell Adams who was the acting board chairman. Charlie was restricted within his role as a decision maker in this hospital due to not having a contract with the hospital. Charlie was up
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It was like riding a tiger‚ not knowing how to get off without being eaten B. Ramalinga Raju When Ramalinga’s once in a life time quote become public‚ somebody ridiculed – he should have figured out ‘the get off without being eaten’ problem before getting on the tiger. But then the other said –‘did not he know from the start that it was a tiger?’ The problem with ethics in business‚ or in more open words‚ the problem with fraud in business is that people know that they are coming fraud but they
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CEO and president (and perhaps even chairman). As such‚ greater communication and contact can be achieved between the board of directors‚ which sets policies‚ and the president‚ who oversees the day-to-day operations of the company. In relatively small companies in North America‚ it is quite common for a single person to hold the positions of CEO and Chairman of the Board as well as the title ’President’. In the United States the CEO may also be the chairman of the board or the company president
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