Latest Board of directors News

FILE – In this April 12, 2005, file photo, operator Kevin Holko monitors the control room during a scheduled refueling shutdown at the Perry Nuclear Power Plant in North Perry, Ohio. A federal court docket showed that

Scandal-battered utility now faces specter of pricy lawsuits

Dec. 30, 2020 8:20 AM EST

CLEVELAND (AP) — Ohio’s largest electric utility, its reputation battered by scandal, has been besieged by more than a dozen lawsuits filed by angry shareholders who include some of the country’s biggest institutional investors. And, if history is a guide, FirstEnergy Corp. and its insurers...

Former city employee named head of Honolulu rail project

Dec. 29, 2020 11:16 AM EST

HONOLULU (AP) — A former city official has been named interim leader of Honolulu's rail project. The board of directors for the Honolulu Authority for Rapid Transportation on Monday named Lori Kahikina as CEO, effective Friday. She's the first woman and the first Native Hawaiian in the position, according...

Valparaiso U selects Jose Padilla as next president

Dec. 2, 2020 11:19 AM EST

VALPARAISO, Ind. (AP) — The board of directors of Valparaiso University have named José D. Padilla as the school's next president, it announced Wednesday. Padilla most recently served as vice president, university counsel and secretary of the University of Colorado System. Prior to that, he served 15...

FILE - In this March 16, 2020 file photo, a United States flag is reflected in the window of the Nasdaq studio, which displays indices and stocks down, in Times Square, New York. Nasdaq is looking to become more diverse, proposing new rules that would require all companies listed on its U.S. exchange to publicly disclose consistent, transparent diversity statistics about their board of directors. The listing rules would also require most Nasdaq-listed companies to have, or explain why they don’t have, at least two diverse directors. (AP Photo/Seth Wenig, File)

Nasdaq seeks mandatory board diversity for listed companies

Dec. 1, 2020 3:26 PM EST

Nasdaq is pushing for the more than 3,000 companies listed on its U.S. stock exchange to make their boardrooms less overwhelmingly male and white by hiring directors that better reflect the country's diverse population. The company filed a proposal Tuesday with the Securities and Exchange Commission that, if...