corporate governance News

Apollo’s Insurer Unit, Athene Holding, Quietly Settles Harassment Case Against CEO

The allegations described a boss letting loose with profane tirades, sexist insults, racist comments, even physical intimidation. Purported incidents piled up for four years inside the sprawling investment empire of buyout mogul Leon Black, ending only when the accuser left …

SMEs Need to Ready for Cyber Battle: Endeavour’s Loizides

A classic mistake made by many small and medium sized enterprises is to assume that they are immune from cyber attacks because hackers and fraudsters have bigger fish to fry. As a result, SMEs can be under-prepared in the face …

Global Directors Beware: Are You Ready for EU’s Data Protection Regulation?

On May 25, 2018, the European Union (EU) General Data Protection Regulation (GDPR) will go into effect in the 28 EU member states. Companies, the world over, are now rushing to meet the deadline for compliance but how many will …

Aviva CEO & CFO Reduce Long-Term Bonuses After Voting Agency Concern

Aviva plc’s Chief Executive Officer Mark Wilson and the chief financial officer lowered their long-term bonuses after Institutional Shareholder Services Inc. was said to have raised concerns over 2015 compensation. Wilson’s long-term incentive plan (LTIP ) reverted back to 2014 …

‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview

Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright prospects for the future, as well …

Marsh Creates Large, Mid-Size Corporate Division in UK & Ireland

Marsh has announced a new corporate division within its UK & Ireland business. Bringing together its National Corporate and Risk Management Practices across the region as well as Marsh Risk Consulting, the corporate division will serve mid-size and large corporates …

Activist Chairmen, Independent Directors Challenge CEOs, ‘Country Club’ Boards

In the summer of 2011, Yahoo Inc.’s board decided enough was enough. Directors had seen the Internet giant’s stock languish, and the answers they got from Carol Bartz, chief executive at the time, fell short of their expectations. So, the …

EU Doesn’t Need More Corporate Governance Rules Say Risk Managers

The Federation of European Risk Management Associations (FERMA) has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones now. FERMA made the …