AOL Inc. Chief Executive Officer Tim Armstrong is on a long list of corporate bosses who put their trust in an apology to contain fallout from an embarrassing public statement.
Apple Inc. should provide greater detail about Steve Jobs’s new responsibilities as chairman to give investors clarity on his role at the company, corporate- governance experts said.
As Wal-Mart Stores Inc. prepares to anoint the fifth chief executive in its history, the world’s largest retailer is grappling with challenges founder Sam Walton never faced.
Procter & Gamble Co.’s move this week to hire back A.G. Lafley as its chief executive officer recalls the successful returns of former leaders from Steve Jobs to Starbucks Corp.’s Howard Schultz.
Office Depot Inc. and OfficeMax Inc. set up a competition of the bosses, saying they’ll wait to pick whether either of their chief executive officers will be in charge when the companies merge.
Wells Fargo & Co., the most valuable U.S. bank, paid a board member’s son about $1.4 million last year for his work in a unit responsible for investing deposits.
Wells Fargo & Co., the biggest U.S. home lender, said it reached a $590 million settlement in principle with plaintiffs who claimed in a lawsuit that Wachovia Corp. misled investors.
Rupert Murdoch’s refusal to take responsibility for the hacking scandal that has slashed $5.5 billion from the market value of News Corp. may undermine his credibility as chief executive officer.
News Corp.’s independent directors, obligated to assess Rupert Murdoch and other top executives’ handling of the company’s phone-hacking scandal, are relying for guidance on Viet Dinh, a board member with personal ties to the Murdoch family.
"Usually the appointment of a new lead director means the board sees a complex problem and they want someone to take charge, figure out what's going on and get to the bottom of it."
- Jay Lorsch on Aug 20, 2014