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Board Expansion

All articles tagged with #board expansion

business7 months ago

New Era Helium's AI Data Center Plans Boost Stock and Texas Infrastructure

New Era Helium is advancing its AI infrastructure plans in the Permian Basin through its joint venture Texas Critical Data Centers, which is in active discussions with large enterprise customers and seeking land for expansion. The company is also adding new board members with expertise in energy, infrastructure, and digital innovation to support its growth strategy, aiming to leverage local energy resources to meet rising AI computing demands.

via Business Wire|
#ai-infrastructure#board-expansion#business
business7 months ago

Paramount Announces Board Expansion and Annual Meeting Amid Skydance Merger and Legal Challenges

Paramount has scheduled its annual shareholder meeting for July 2, during which it plans to expand its board with three new members. The company continues to face delays in closing its $8 billion merger with Skydance Media, primarily due to ongoing FCC approval issues and legal challenges, with a potential deal extension into October. The merger's progress is complicated by regulatory and legal hurdles, as well as internal shareholder disagreements.

via Deadline|
#board-expansion#business#fcc-approval
business2 years ago

Illumina Adds Board Members Following Proxy Fight with Icahn.

Gene sequencing company Illumina has expanded its board by adding two C-suite executives, CEO of diagnostics products company Hologic Stephen MacMillan and CFO of heart valve systems maker Edwards Lifesciences Scott Ullem, after shareholders voted to replace the company's chairman with activist investor Carl Icahn's nominee. The move was planned before the boardroom battle and aims to bring in directors with healthcare and Wall Street expertise. The stock price of Illumina, valued at $31.6bn, traded modestly higher after the announcement.

via Reuters|
#board-expansion#business#carl-icahn