Board of Directors

  • Bancroft, Board of Directors, Dow Jones, M&A, News Corp, Newspapers, Rupert Murdoch, Wall Street Journal

    Dow Jones Is For Sale, Insider Says

    The Bancroft family’s decision to meet with Rupert Murdoch means Dow Jones & Company is for sale, according to an employee of the company. “If they meet, they sell,” said a Dow Jones employee familiar with the thinking of the Bancrofts. Last night the family released a statement announcing their willingness to meet with News […]

    / Jun 1, 2007 at 8:58 AM
  • Board of Directors

    Prominent US Grain Company Elects Mysterious Chairman With No Last Name

    We have no doubt that a shareholder lawsuit is in the offing now that news has broken about the elevation on “Uncle” Ben—who presumably got his nickname from all his insider connections to the company on whose board he now sits as chairman. At the very least this calls out for an activist investor inspired […]

    / Mar 30, 2007 at 11:10 AM
  • Board of Directors, Hewlett-Packard, Patricia Dunn, Tom Perkins

    Who Put The Bee In Tom Perkins Bonnet?

    When we read the report in the San Jose Mercury News on Tuesday that venture capitalist and former Hewlett-Packard board member Tom Perkins was making pointed remarks about corporate governance—including some fierce jabs at former H-P board chair Pattie Dunn—we all thought: why bring this up now? After all, Tom won this fight last year, […]

    / Mar 2, 2007 at 8:59 AM
  • Board of Directors, Shutterfly, SOX

    Jim Clark Is So Effin Out Of Here: Ditches Shutterfly, Blames SOX

    In perhaps the bluntest statement on Sarbanes-Oxley to date by a corporate insider, Shutterfly founder and (until yesterday) board chairman Jim Clark announced his resignation from the board of directors because Sarbanes-Oxley was taking all the fun out it. As I understand it, Sarbox dictates that I not Chair any committee due to the size […]

    / Jan 9, 2007 at 9:27 AM
  • Board of Directors, Companies, Donald Rumsfeld, SOX

    Rumsfeld Watch: Where Will Rummy Go Next?

    Last week we asked you where you thought Donald Rumsfeld would head next. Nearly thirty percent of respondents said “Halliburton”—which is pretty disappointing since that seems the least likely of choices. You don’t really think Rumsfeld wants that kind of heat do you? Usually, we defer to our readers votes on these matters but this […]

    / Nov 13, 2006 at 3:08 PM
  • Board of Directors, JPMorganChase

    A Bit More On Jamie Dimon’s Bank One-Citigroup Gang Set To Take Over JP Morgan Chase

    Jamie Dimon can cross one line off the legendary list of “people who owe me stuff” that he reportedly keeps in his breast pocket. Back in 2004, when William Harrison was negotiating with Dimon to acquire Bank One, which Dimon then ran, Harrison reportedly promised to step down as chairman in 2006 and hand the […]

    / Oct 26, 2006 at 1:07 PM
  • Board of Directors

    Cloak and Dagger Board Room

    Paul Kedrosky is in “flood the zone” mode on the Hewlett Packard spying revelations today, and his latest echoes what we said this morning. This is less about board confidentiality than about executives’ board control: And what better way to control your board than the constant Kafka-esque threat of a possible investigation hanging over your […]

    / Sep 6, 2006 at 5:05 PM
  • Board of Directors

    Intrigue at HP

    We touched on this story in the Opening Bell this morning but it deserves even more attention. We’ve never heard of anything like it—a board chair ordering spies to monitor the phone calls of her company’s directors. Imagine for a moment if HP chair Patricia Dunn had asked you whether she should undertake this activity. […]

    / Sep 6, 2006 at 10:10 AM
  • Board of Directors, Overstock, Patrick Byrne

    OSTK Directors: Board or Bored?

    Jeff Matthews asks a completely reasonable question: what is going on with the Board of Directors of Overstock.Com? At least a few of the directors seem to be sensible, well-regarded folks. Are they celebrating yesterday’s subpoena news with CEO Patrick Byrne? Or are they just bored with being directors and not really paying attention? I […]

    / May 11, 2006 at 2:23 PM
  • Board of Directors

    The Board of Directors Motorcycle Club

    Footnoted points out that this 8-K reveals Harley-Davidson now provides Harleys to its directors. Though it’s not clear from the filing whether the bike is just a loaner — the filing simply says “the use of a motorcycle…including some personal use” — there’s probably a long-line of people who would be willing to sit through […]

    / May 9, 2006 at 2:14 PM

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