Latest Board of directors News

CBS board approves special dividend in face of likely veto

May. 17, 2018 8:55 PM EDT

DOVER, Del. (AP) — Most of CBS Corp.'s board on Thursday approved a special dividend that could enable the company to break free from its controlling shareholder, but the power struggle's outcome still hinges on an ongoing legal battle. National Amusement Inc., currently CBS's majority shareholder, would...

Wynn Resorts points to changes after founder's resignation

May. 16, 2018 7:00 PM EDT

LAS VEGAS (AP) — The board of directors and CEO of Wynn Resorts on Wednesday sought to show shareholders they are working to strengthen the casino operator's corporate culture and moving it forward without its founder. Shareholders gathered in Las Vegas for the company's annual meeting learned of the many...

Pulitzer board to conduct review of Junot Diaz accusations

May. 10, 2018 6:49 PM EDT

NEW YORK (AP) — The Pulitzer Prize Board said Thursday it will launch an independent review of the misconduct allegations against Junot Diaz, and that the author will relinquish the role of chairman of the board. In a statement, the board said that Diaz, a Pulitzer Prize-winning author and creative writing...

Wynn Resorts expands board of directors, adds 3 women

Apr. 18, 2018 8:42 PM EDT

LAS VEGAS (AP) — Las Vegas-based Wynn Resorts expanded its board of directors Wednesday to 11 members, with the appointment of three women. The appointments bring the number of women on the board to four, and Chairman D. Boone Wayson said the company intends to add new directors in coming months. The...

Volkswagen replaces CEO Mueller, announces new structure

Apr. 12, 2018 5:14 PM EDT

FRANKFURT, Germany (AP) — Volkswagen replaced CEO Matthias Mueller with core brand head Herbert Diess on Thursday and said it is creating a new management structure to enable faster decision-making as autonomous and electric cars transform the industry. The German automaker said in a statement that it...

Board that oversees renowned drum corps resigns

Apr. 11, 2018 11:56 AM EDT

ALLENTOWN, Pa. (AP) — The board of directors for a champion Pennsylvania-based drum and bugle corps stepped down following the resignation of the group's director amid sexual misconduct allegations. Youth Education in the Arts board members voted to resign Tuesday night, according to a Wednesday...

Volkswagen says it's looking at changing CEO in reshuffle

Apr. 10, 2018 10:44 AM EDT

FRANKFURT, Germany (AP) — Volkswagen said Tuesday it was considering replacing CEO Matthias Mueller as part of a management shake-up, and German news media reported Mueller's job would go to core Volkswagen brand head Herbert Diess. The company said it was contemplating a management reshuffle and...

Elaine Wynn says she reported rape allegation to company

Mar. 28, 2018 8:26 PM EDT

LAS VEGAS (AP) — Elaine Wynn, the ex-wife of embattled casino mogul Steve Wynn, said during a court hearing Wednesday that she told the company's general counsel in 2009 that she had received information alleging her ex-husband had raped an employee in 2005. The general counsel later denied receiving any...

Hearing brings up settlement involving ex-Wynn employee

Mar. 27, 2018 11:35 PM EDT

LAS VEGAS (AP) — Attorneys for Steve Wynn's ex-wife played a deposition recording during a hearing in Las Vegas on Tuesday in which the embattled casino mogul discussed alleged illegal gambling activities of two former Wynn Resorts' executives. It's the latest move in a yearslong civil case involving...

The Latest: Steve Wynn deposition played in court hearing

Mar. 27, 2018 9:27 PM EDT

LAS VEGAS (AP) — The Latest on a court hearing in a civil case involving Las Vegas-based Wynn Resorts and its founders (all times local): 6 p.m. Attorneys for Steve Wynn's ex-wife have shown portions of depositions of him and Wynn Resorts' general counsel in a court hearing meant for their client to show...