Latest Board of directors News

Former state senator resigns from university medical board

Jun. 14, 2019 2:51 PM EDT

BALTIMORE (AP) — A former Maryland state senator has resigned from the University of Maryland Medical System board of directors, which has been under scrutiny after a self-dealing contract scandal. Francis Kelly resigned in a letter Friday. His resignation comes just days after he was invited to rejoin the...

Review: Maryland medical board deals lacked full approval

Jun. 12, 2019 6:55 PM EDT

ANNAPOLIS, Md. (AP) — Self-dealing contracts awarded to board members of a Maryland medical system that resulted in the resignation of Baltimore's mayor reflected a "pattern by management" of making financial arrangements without full board approval, an independent review released Wednesday said. The...

Maryland Medical System elects new chair, vice chair

Jun. 12, 2019 4:20 PM EDT

BALTIMORE (AP) — The University of Maryland Medical System has elected a former chief of staff to a governor as chairman of its board of directors and a retired federal judge as vice chair. The system said in a news release that James DiPaula Jr. was elected chairman of its board of directors and retired...

Bernie Sanders urges Walmart board to pay workers more

Jun. 5, 2019 4:09 PM EDT

NEW YORK (AP) — Bernie Sanders took his latest fight against corporate America to Walmart's home turf. The Vermont senator and 2020 Democratic presidential contender lambasted Walmart leaders including its CEO on Wednesday for paying workers what he believes are "starvation wages" and introduced a...

Vegas tourism board backs $49M Elon Musk transit system

May. 23, 2019 12:43 PM EDT

LAS VEGAS (AP) — A company backed by tech billionaire Elon Musk has been awarded a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center. The board of directors of the Las Vegas Convention and Visitors Authority approved the contract...

Former county treasurer in Nebraska blasts board for ouster

May. 22, 2019 1:51 PM EDT

NORTH PLATTE, Neb. (AP) — A former western Nebraska county treasurer who was ousted by county commissioners has blasted the board for her removal. The North Platte Telegraph reported that Lorie Koertner appeared briefly Monday at a hearing of the Lincoln County Board of Commissioners and said she hadn't...

Avista CEO Scott Morris to retire early next year

May. 13, 2019 6:14 PM EDT

SPOKANE, Wash. (AP) — The chairman and chief executive officer of Spokane-based Avista Corp. says he will retire early next year. Scott Morris informed the utility's board of directors that he will retire effective March 1, according to a news release issued Monday. Morris has been chairman and CEO since...

Tesla seeks dismissal of suit challenging Musk pay package

May. 9, 2019 6:49 PM EDT

DOVER, Del. (AP) — Attorneys for Tesla Inc. asked a Delaware judge Thursday to dismiss shareholders' complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade. A shareholder lawsuit filed last June alleges that Musk and Tesla's board of directors breached...

Top aide to W.Va. governor stepping down from EQT board

May. 9, 2019 11:01 AM EDT

CHARLESTON, W.Va. (AP) — A top adviser to West Virginia Gov. Jim Justice is stepping down from the board of directors of the second-largest natural gas producer in the state. Pittsburgh-based EQT announced Wednesday that Bray Cary will not seek reelection to the company's board. Cary released a statement...

The Latest: LaPierre says he's "humbled" by board action

Apr. 29, 2019 8:49 PM EDT

INDIANAPOLIS (AP) — The Latest on the turmoil in the top ranks of the National Rifle Association(all times local): 8:30 p.m. Wayne LaPierre, the longtime head of the National Rifle Association, said Monday he's "humbled" by actions by the board Monday that kept him on as its CEO. He beat back calls the...