Latest Board of directors News

Disney CEO departs Apple's board with video showdown looming

Sep. 13, 2019 7:15 PM EDT

SAN FRANCISCO (AP) — Walt Disney Co. CEO Robert Iger has stepped down from Apple's board of directors as the two companies prepare to launch competing video streaming services aimed at market leader Netflix. Apple disclosed Iger's departure in a regulatory filing Friday, but his resignation became...

WeWork to list shares on Nasdaq, reduce CEO's voting power

Sep. 13, 2019 4:40 PM EDT

NEW YORK (AP) — WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The office-sharing company is pressing on with its highly anticipated stock market debut — expected later this month — despite doubts...

Where did the Sacklers move cash from their opioid maker?

Sep. 5, 2019 10:51 AM EDT

Ninety minutes outside London, a turn down a narrow lane leads past fields of grazing cattle to a sign warning "Private Keep Off." Around an elbow bend, a great stone manor, its formal gardens and tennis court hidden behind thick hedges, commands a 5,000-acre estate. The estate is a pastoral prize — proof...

Where did the Sacklers move cash from their opioid maker?

Aug. 30, 2019 1:42 AM EDT

Ninety minutes outside London, a turn down a narrow lane leads past fields of grazing cattle to a sign warning "Private Keep Off." Around an elbow bend, a great stone manor, its formal gardens and tennis court hidden behind thick hedges, commands a 5,000-acre estate. The estate is a pastoral prize — proof...

USA Bobsled and Skeleton parting with CEO Darrin Steele

Aug. 13, 2019 10:51 PM EDT

USA Bobsled and Skeleton has decided to terminate the contract of CEO Darrin Steele, who oversaw teams that won nine Olympic medals and 12 world championship medals. Steele will remain in place for about another month. The federation's board of directors did not cite a specific reason for the change. Athletes...