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Avoiding Proxy Fight, Microsoft Adds ValueAct President to Board
2013-09-02 19:34:24| PC Magazine Software Product Guide
It's rumored that institutional shareholders are getting a bit fussy about the company's relatively stagnant stock price.
Tags: board
microsoft
president
fight
AUSTRALIA: Billabong faces calls for board shakeup
2013-09-02 17:08:00| Daily apparel & textile news and comment - from just-style.com
Struggling Australian surfwear company is facing calls for a board shakeup from one of its largest shareholders, in a move that could cloud a deal to finalise the company's long-term funding arrangements.
Tags: board
australia
calls
faces
Microsoft offers board seat to shareholder ValueAct
2013-09-02 09:10:00| Telecompaper Headlines
(Telecompaper) Microsoft has agreed to cooperate with its shareholder ValueAct, offering the investor a seat on the company's board. The San Francisco-based investment firm owns 0.8 percent of Microsoft's shares, making it one of the company's largest shareholders. The cooperation agreement provides for regular meetings between Mason Morfit, president of ValueAct Capital, and Microsoft directors and management to discuss a range of business issues. The agreement also gives ValueAct Capital the option of having Morfit join the Microsoft board of directors beginning at the first quarterly board meeting after the 2013 annual shareholders meeting. In exchange, ValueAct has agreed to not increase its stake in the company above an agreed level, nor mount a proxy battle to try and gain control of the company's board. The agreement comes ahead of the annual shareholders meeting in October.
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offers
microsoft
seat
Ruric Ab Board of Directors approves release of the Interim Report for January - June 2013
2013-08-31 13:26:19| Appliances - Topix.net
Press Release August 30, 2013 RURIC AB Board of Directors approves release of the Interim Report for January - June 2013 On 30 August 2013 Board of Directors of Russian Real Estate Investment Company AB approved Interim Report for January - June 2013.
Tags: report
january
board
june
BRIEF: Furniture Brands board member resigns [Winston-Salem Journal, N.C.]
2013-08-31 11:16:31| Furniture - Topix.net
Via Acquire Media NewsEdge) Aug. 31--Furniture Brands International Inc. said in a regulatory filing Friday that Kent Hussey resigned from its board of directors, effective Aug. 23. The company said Hussey's decision to resign "was not due to any disagreements with the company on any matter relating to the company's operations, policies or ... (more)
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board
journal
brands
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