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Corporate Governance

All articles tagged with #corporate governance

Epstein Files Spark a New Wave of Corporate Departures
business7 days ago

Epstein Files Spark a New Wave of Corporate Departures

A fresh wave of executives is resigning as millions of Epstein files illuminate closer ties between Epstein and prominent business leaders, prompting questions about judgment and ethics. Hyatt's Tom Pritzker and Goldman Sachs’ Kathy Ruemmler are among the latest to step down, with other high-profile figures like Casey Wasserman and Peter Mandelson under scrutiny. Analysts say markets react faster than political arenas, boards are tightening governance, and more fallout is expected as the Epstein documents continue to surface.

DP World chief resigns over Epstein ties scandal
business11 days ago

DP World chief resigns over Epstein ties scandal

Dubai-based DP World announced the immediate resignation of chair and CEO Sultan Ahmed bin Sulayem after revelations of his emails with Jeffrey Epstein, with Essa Kazim named chair and Yuvraj Narayan appointed chief executive; the disclosures prompted partner pauses on deals—with major investors like La Caisse and British International Investment delaying engagements, though BII later said it would resume investments—while the article also references DP World’s P&O Ferries history and broader governance controversies.

Fortune 500 DEI disclosures collapse in 2026 Corporate Equality Index
business21 days ago

Fortune 500 DEI disclosures collapse in 2026 Corporate Equality Index

The Human Rights Campaign’s Corporate Equality Index shows a 65% drop in Fortune 500 participation, from 377 companies in 2025 to 131 in 2026. Of 1,450 participating firms, 534 earned a top score of 100, representing nearly 6 million U.S. employees. The decline mirrors a broader anti-DEI movement, with major names like Walmart, Ford, and Lowe’s exiting, citing political climate and contracting considerations.

Disney Names Josh D’Amaro Incoming CEO as Walden Takes Creative Lead
business22 days ago

Disney Names Josh D’Amaro Incoming CEO as Walden Takes Creative Lead

Disney’s board elected Josh D’Amaro to become Chief Executive Officer, effective March 18, 2026, succeeding Bob Iger; Dana Walden will be President and Chief Creative Officer reporting to him, with Iger as Senior Advisor through 2026. D’Amaro, a 28-year Disney veteran, chairs Disney Experiences and will oversee major expansions and strategic initiatives as part of a formal succession process overseen by the board.

David Webb, Hong Kong’s fearless governance advocate, dies at 60
world1 month ago

David Webb, Hong Kong’s fearless governance advocate, dies at 60

David Webb, Hong Kong’s most vocal activist investor who unearthed corporate malfeasance and spurred governance reforms, died in Hong Kong on Jan. 13 at age 60 from metastatic prostate cancer. A former Barclays executive turned independent investor, Webb built the webb-site.com platform, led investigations (notably the Enigma Network) that triggered regulatory probes, and earned a board seat at HKEX; he was also honored as a Member of the Order of the British Empire for anti-corruption work.

business2 months ago

Delaware Court Restores Musk’s $55B Tesla Pay Deal After Legal Battle

The Delaware Supreme Court reinstated Elon Musk's $55 billion Tesla pay package from 2018, with a symbolic $1 penalty, overturning a lower court decision that rescinded it due to concerns over fairness and corporate governance. The ruling highlights ongoing issues with executive compensation, shareholder rights, and Delaware's legal environment for corporations.