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Tesla’s governance autopilot heads for disaster
NEW YORK, May 17 (Reuters Breakingviews) – Portraying a CEO as a father figure is one way to tell there’s a lack of judicious oversight. Backing the company’s board despite obvious shortcomings is another. Tesla shareholders did both on Tuesday, with one of them playing the part of boss Elon Musk’s “son,” a robot the …
Pernod Ricard India CEO Cuny steps down due to health reasons
NEW DELHI, Oct 14 (Reuters) – Pernod Ricard’s (PERP.PA) India head, Thibault Cuny, has stepped down from his role due to health reasons, the French spirits giant said on Friday, marking a high-profile exit at a time the company is fighting regulatory and legal battles in the country. Cuny, who has been dealing with health …
GameStop’s Cohen takes stake in Bed Bath & Beyond, pushes for changes
An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register March 7 (Reuters) – Billionaire investor Ryan Cohen said on Sunday he now owns nearly 10% of Bed Bath & Beyond (BBBY.O) and wants the housewares retailer …
Brazil government appoints Rodolfo Landim to chair Petrobras board
The Petrobras logo is seen in front of the company’s headquarters in Sao Paulo April 23, 2015. REUTERS/Paulo Whitaker Register now for FREE unlimited access to Reuters.com Register HOUSTON, March 5 (Reuters) – Brazil’s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer’s board, the company said in a filing …