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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It can be moved by the chairman of the meeting or any member present at the meeting. It usually seconded that even not necessary‚ although it is not seconded by any member‚ it is advisable to put the motion to vote. Two circumstances a meeting may be adjourned. 1. If the persons attending a general meeting within half an hour of the time at which the meeting was due to start do not constitute a quorum‚ or if during a meeting a quorum ceases to be present‚ the chairman of the meeting must adjourn
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Limited N. S. Sekhsaria Company Name : ACC Designation : Chairman | Title : Steely Determination MINI BIOGRAPHY Mr. Narottam S. Sekhsaria served as the Chief Executive and Managing Director of Ambuja Cements Limited (alternate name Gujarat Ambuja Cements Ltd.) from 1982 to January 30‚ 2006. Mr. Sekhsaria has been the Chairman of Ambuja Cements Ltd since September 24‚ 2009 and serves as its Director. He has been the Chairman of board for ACC Limited since January 24‚ 2006 and its Independent
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Alumnae Association Basics An alumnae association shall: • Hold at least four meetings per year. • Celebrate Founders Day. • Elect a President‚ Secretary and Treasurer. • Review its bylaws every two years. Successful alumnae associations: Provide programming for every generation and interest of members. Whether she is a new graduate‚ career professional‚ stay-at-home mother or retired woman‚ every Kappa should find an interest in your association. Achieve this by creating programs‚ events and
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second in command‚ Tom Terrell‚ could take over. Besides‚ after much prodding‚ Bennett‚ former vice-chairman Vincent Dalton‚ and longtime HR head Gail Thompson have already come up with a list of four possibilities. "When will these guys back off?" Bennett complains to Thompson. "I’ve told them who the candidates are. Why do we need to talk about it?" Thompson knows‚ however‚ that the board chairman‚ Tom Calloway‚ considers Terrell a nonstarter without the requisite skills to take over in anything
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ARTICLES OF ASSOCIATION of the Corporation (Société Anonyme) under the name DUTY FREE SHOPS S.A. having its registered office in Aghios Stefanos‚ Attica‚ Company Reg. No. 14216/06/B/86/06 SECTION I NAME – OBJECT – REGISTERED OFFICE – TERM – SHARE CAPITAL Article 1 Name The name of the company is “DUTY FREE SHOPS AND INDUSTRIAL‚ MANUFACTURING‚ TECHNICAL AND BUSINESS COMPANY S.A.”. For its international business the name of the company shall be used in faithful translation into the respective language
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I. What Business Are We In? II. Where Are We Now? External Assessment Trend Analysis Economic Factors U.S GDP One of the main economic factors that would affect JNJ is GDP. As shown above GDP in the United States is decreasing meaning resources will be limited and there will be a much needed increase in cash flows for competitive advantage. GDP’s in others countries are increasing giving JNJ more opportunities to expand to more markets around the world to increase their market share
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as an Executive Chairman and Head of Bajaj Group of Companies of Bajaj Auto Ltd. Mr. Bajaj served as Chief Executive Officer of Bajaj Auto Ltd. since 1968. He served as Managing Director of Bajaj Holdings & Investment Limited until March 31‚ 2005. He served as Deputy General Manager of Bajaj Tempo Limited. Mr. Bajaj serves as Chairman of the Board of Bajaj Finserv Ltd.‚ Bajaj Allianz Life Insurance Company Ltd.‚ and Bajaj Allianz General Insurance ... Co. Ltd. He has been Chairman of Bajaj Auto Finance
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antiquity‚ when the ancient healing wisdom of the Chinese was supposedly first discovered. In actuality‚ very few people are aware that the single person most responsible for the current popularity of TCM was not some ancient Chinese healer but rather Chairman Mao Zedong. That’s why an article published by Alan Levinovitz in
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GENERAL TRIAS MUNICIPAL EMPLOYEES MULTI-PURPOSE COOPERATIVE 4th Floor Municipal Hall‚ General Trias‚ Cavite BOARD RESOLUTION NO. 08-2011 A RESOLUTION APPOINTING CHAIRMAN OF THE BOARD DENNISE R. COLUMNA‚ BOARD MEMBER TERESITA K. MORAL AND TREASURER SHIRLEY S. CARRILLO OF GENERAL TRIAS MUNICIPAL EMPLOYEES MULTI-PURPOSE COOPERATIVE TO ACT AS NEW SIGNATORIES AND PERFORM TRANSACTIONS FOR AND IN BEHALF OF THE COOPERATIVE AT GSIS FAMILY BANK (GENERAL TRIAS BRANCH) AS DEPOSITORY
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with a BS degree in Business Administration. He is a CEO at Kazma Group‚ a Vice President in Comoro Gulf Holding‚ and the Chairman of KidzMondo. HIND BERRI graduated from L.A.U with a MA degree in International Affairs. Hind Berri worked as a teacher‚ she became a Co-owner at Kzone Outdoor Advertising Company‚ she was a Human Recourse Manager attar‚ and she is the Vice Chairman of KidzMondo. HOW DID THEY COME UP WITH THE IDEA? Hind and Ali felt that children in Lebanon have no places where fun and
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