Tag

Board Oversight

All articles tagged with #board oversight

business-labor-relations1 year ago

"Union Backlash: Labor Coalition Challenges Starbucks' Anti-Union Tactics"

A coalition of labor unions has criticized Starbucks' handling of labor issues, claiming that the company's board has failed to address critical human capital management issues, resulting in reputational risk and negative impacts on shareholder value. Starbucks has defended its board and highlighted its efforts to address labor concerns, including appointing a new CEO and adding new board members. Despite some stores voting to unionize, the company continues to face challenges in its labor relations as it seeks to improve employee and customer experiences.

business1 year ago

"Elon Musk's Battle Over Tesla's Governance and Delaware's Incorporation Crown"

Robyn Denholm, the chair of Tesla's board, is facing scrutiny for her oversight of Elon Musk, with critics questioning her ability to serve as a check on Musk's actions. A Delaware judge criticized Denholm's leadership and raised concerns about her independence from Musk due to her substantial compensation from Tesla. The judge's ruling also means the board must create a new pay package for Musk, who plans to ask shareholders to authorize Tesla's move of incorporation to Texas.