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Corporate Governance
75 posts
BP ousts Chair Albert Manifold over governance and conduct concerns
The Board of Directors of BP p.l.c. has unanimously decided that Albert Manifold should no longer serve as…
PayPal and U.S. Justice Department settle investigation over 2020 minority investment initiative
The U.S. Department of Justice announced on Tuesday that it has reached a settlement with PayPal (PYPL.O) to…
EEOC files lawsuit against The New York Times over alleged race and sex discrimination
The U.S. Equal Employment Opportunity Commission (EEOC) has filed a federal lawsuit against The New York Times Company,…
Microsoft launches first-ever voluntary retirement buyout scheme
In a historic shift for the 51-year-old tech giant, Microsoft is offering voluntary retirement buyouts to its U.S.…
ISS files lawsuit to block Indiana’s “unconstitutional” proxy advisor statute
Institutional Shareholder Services (ISS) has filed a lawsuit in the U.S. District Court for the Southern District of…
IBM to pay $17m over federal DEI discrepancy allegations
IBM has agreed to a settlement exceeding $17 million following U.S. Department of Justice allegations that its diversity,…
BeZero Carbon expands to Japan
Global carbon ratings agency BeZero Carbon has officially launched operations in Japan after being selected for a Tokyo…
Colgate-Palmolive to oppose shareholder proposal seeking removal of DEI board criteria
Colgate-Palmolive has informed the National Legal and Policy Center (NLPC) that it intends to recommend shareholders vote against…
Missouri judge dismisses lawsuit challenging Starbucks’ DEI policies
A federal judge in Missouri has dismissed a lawsuit brought by the Republican-led state accusing Starbucks of using…
BlackRock to cut around 250 jobs in latest cost review
BlackRock is cutting around 250 jobs, equivalent to about 1% of its global workforce, according to people familiar…
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