Sam Altman is negotiating to gain control of OpenAI from its nonprofit parent, raising questions about fair compensation in the billions.
Sam Altman says the OpenAI board members who ousted him left him with a 'complete mess' and a house 'on fire'
Sam Altman faced significant challenges upon his reinstatement as CEO of OpenAI, describing the situation as a 'complete mess' and likening it to a 'house on fire.'
Sam Altman Explodes at Board Members Who Fired Him
Altman's ousting by OpenAI's board revealed internal conflicts and his struggle to maintain leadership amid chaos.
How OpenAI Plans to Move From Being a Nonprofit
Sam Altman is negotiating to gain control of OpenAI from its nonprofit parent, raising questions about fair compensation in the billions.
Sam Altman says the OpenAI board members who ousted him left him with a 'complete mess' and a house 'on fire'
Sam Altman faced significant challenges upon his reinstatement as CEO of OpenAI, describing the situation as a 'complete mess' and likening it to a 'house on fire.'
Sam Altman Explodes at Board Members Who Fired Him
Altman's ousting by OpenAI's board revealed internal conflicts and his struggle to maintain leadership amid chaos.
Corporate focus on diversity has declined since the initial push following George Floyd's death, influenced by a conservative backlash against DEI policies.
A court tossed Nasdaq's diversity rules, but boardrooms have gotten more diverse anyway
The recent court ruling may hinder progress in corporate diversity efforts, suggesting a potential regression amid a hostile political climate.
Boardroom DEI is lagging. Here's what to know
Corporate focus on diversity has declined since the initial push following George Floyd's death, influenced by a conservative backlash against DEI policies.
A court tossed Nasdaq's diversity rules, but boardrooms have gotten more diverse anyway
The recent court ruling may hinder progress in corporate diversity efforts, suggesting a potential regression amid a hostile political climate.
The new cybersecurity accountability: SEC takes action
The SEC's enforcement actions signal a crucial shift in corporate governance regarding the transparency of cybersecurity risks and their financial implications.
New Hotness In Company Directors? Cybersecurity Experience.
The number of directors with cybersecurity experience in the top 100 US companies showed significant growth in 2024 compared to 2023.
70% of cybersecurity leaders influenced by personal liability concerns
Increased liability concerns have created a negative perception of CISO roles among IT decision makers.
Cybersecurity leaders face a challenging landscape of accountability without sufficient budget support.
The SEC's cyber reporting rules are baffling companies, one year later
Only 16.9% of public 8-K filings include specific details regarding the material impact of cyber incidents on businesses.
The new cybersecurity accountability: SEC takes action
The SEC's enforcement actions signal a crucial shift in corporate governance regarding the transparency of cybersecurity risks and their financial implications.
New Hotness In Company Directors? Cybersecurity Experience.
The number of directors with cybersecurity experience in the top 100 US companies showed significant growth in 2024 compared to 2023.
70% of cybersecurity leaders influenced by personal liability concerns
Increased liability concerns have created a negative perception of CISO roles among IT decision makers.
Cybersecurity leaders face a challenging landscape of accountability without sufficient budget support.
The SEC's cyber reporting rules are baffling companies, one year later
Only 16.9% of public 8-K filings include specific details regarding the material impact of cyber incidents on businesses.
BROWN-FORMAN ANNOUNCES CHANGE IN BOARD OF DIRECTORS CHAIR
Brown-Forman announces leadership transition with Campbell P. Brown stepping down as Chair, succeeded by Marshall B. Farrer, emphasizing thoughtful leadership transitions.
Warner Bros. Discovery Board Member Li Haslett Chen Resigns
Li Haslett Chen is stepping down from WBD's board to focus on Howl's growth.
BROWN-FORMAN ANNOUNCES CHANGE IN BOARD OF DIRECTORS CHAIR
Brown-Forman announces leadership transition with Campbell P. Brown stepping down as Chair, succeeded by Marshall B. Farrer, emphasizing thoughtful leadership transitions.
Warner Bros. Discovery Board Member Li Haslett Chen Resigns
Li Haslett Chen is stepping down from WBD's board to focus on Howl's growth.
Richard Parsons, Serial Fixer of Media and Finance Giants, Dies at 76
Richard D. Parsons was a transformative leader in corporate America, known for his crisis management skills and commitment to social justice.
Why early-career professionals should consider board service to build leadership skills
Future corporate directors must prepare early for board service, emphasizing adaptability and strategic vision.
Leadership in the boardroom now demands specific skills that career-focused professionals need to cultivate.
Revealed: Thames Water diverted cash for clean-ups' to help pay bonuses
Thames Water misallocated funds intended for environmental initiatives towards bonuses and dividends, breaching public trust and possible regulatory commitments.
US Justice Department Investigation Leads To Board Members Leaving Epic Games
Epic Games faced legal action for violating the Clayton Act regarding board member affiliations involved with Tencent.
Two board members resigned following the Justice Department's findings, emphasizing corporate governance issues.
Two directors of Epic Games, Tencent resign amid antitrust investigation
The resignation of Tencent-appointed directors from Epic Games highlights concerns over antitrust laws related to interlocking directorates. This ongoing review emphasizes regulatory scrutiny in corporate governance.
US Justice Department Investigation Leads To Board Members Leaving Epic Games
Epic Games faced legal action for violating the Clayton Act regarding board member affiliations involved with Tencent.
Two board members resigned following the Justice Department's findings, emphasizing corporate governance issues.
Two directors of Epic Games, Tencent resign amid antitrust investigation
The resignation of Tencent-appointed directors from Epic Games highlights concerns over antitrust laws related to interlocking directorates. This ongoing review emphasizes regulatory scrutiny in corporate governance.
Intel faces a derivative lawsuit from shareholders over foundry business losses, targeting executives for purported securities law violations and mismanagement.
Intel CEO takes his leave as ambition meets reality
Pat Gelsinger has abruptly left his position as Intel CEO, hinting at possible board-level tensions regarding company strategy.
Intel must control its foundry under CHIPS Act cash deal
Intel must retain control of its foundries to access funding from the CHIPS Act, limiting its flexibility amid financial struggles.
Three CEOs That Ought to Follow Intel's Pat Gelsinger Out the Door
Pat Gelsinger stepped down as Intel CEO amid poor stock performance, losing a $140 million bonus but leaving with $46 million in severance.
Intel sued again over foundry business troubles
Intel faces a derivative lawsuit from shareholders over foundry business losses, targeting executives for purported securities law violations and mismanagement.
Intel CEO takes his leave as ambition meets reality
Pat Gelsinger has abruptly left his position as Intel CEO, hinting at possible board-level tensions regarding company strategy.
Intel must control its foundry under CHIPS Act cash deal
Intel must retain control of its foundries to access funding from the CHIPS Act, limiting its flexibility amid financial struggles.
Three CEOs That Ought to Follow Intel's Pat Gelsinger Out the Door
Pat Gelsinger stepped down as Intel CEO amid poor stock performance, losing a $140 million bonus but leaving with $46 million in severance.
UnitedHealth Is Asking Journalists to Remove Names and Photos of Its CEO From Published Work
UnitedHealth Group is attempting to shield its executives' identities following CEO Brian Thompson's murder, raising concerns about safety versus public accountability.
Saturday Links: Local Escaped Convict Found After Eight Years
Eric Pree, missing since 2017, was found with stolen items and a fake ID after escaping from prison.
Online investigators decline to aid the FBI in tracking down a CEO's shooter, justifying their stance on moral grounds.
Oakland's significant budget cuts reflect the city's financial distress amidst a $129 million deficit.
UnitedHealth Is Asking Journalists to Remove Names and Photos of Its CEO From Published Work
UnitedHealth Group is attempting to shield its executives' identities following CEO Brian Thompson's murder, raising concerns about safety versus public accountability.
Saturday Links: Local Escaped Convict Found After Eight Years
Eric Pree, missing since 2017, was found with stolen items and a fake ID after escaping from prison.
Online investigators decline to aid the FBI in tracking down a CEO's shooter, justifying their stance on moral grounds.
Oakland's significant budget cuts reflect the city's financial distress amidst a $129 million deficit.
How Darwinism made and broke 'Samurai' CEO Carlos Tavares
Tavares's resignation signals a tumultuous shift in Stellantis leadership, reflecting boardroom conflicts and highlighting the volatility of the automotive industry.
Carlos Tavares out as Stellantis CEO a year ahead of planned exit
Carlos Tavares has left Stellantis as CEO earlier than expected amid disagreements within the company and significant stock performance issues.
Amsterdam-based Stellantis' CEO Carlos Tavares steps down with immediate effect; shares decline over 7% - Silicon Canals
Stellantis CEO Carlos Tavares resigns, triggering a 7% decline in shares and a search for a new permanent leader.
Stellantis CFO reveals 2 tensions around the CEO's abrupt exit and promises to rebuild trust
Carlos Tavares's resignation from Stellantis was driven by disagreements with the board, particularly on short-term versus long-term operational strategies.
How Darwinism made and broke 'Samurai' CEO Carlos Tavares
Tavares's resignation signals a tumultuous shift in Stellantis leadership, reflecting boardroom conflicts and highlighting the volatility of the automotive industry.
Carlos Tavares out as Stellantis CEO a year ahead of planned exit
Carlos Tavares has left Stellantis as CEO earlier than expected amid disagreements within the company and significant stock performance issues.
Amsterdam-based Stellantis' CEO Carlos Tavares steps down with immediate effect; shares decline over 7% - Silicon Canals
Stellantis CEO Carlos Tavares resigns, triggering a 7% decline in shares and a search for a new permanent leader.
Stellantis CFO reveals 2 tensions around the CEO's abrupt exit and promises to rebuild trust
Carlos Tavares's resignation from Stellantis was driven by disagreements with the board, particularly on short-term versus long-term operational strategies.
OpenWeb's ousted CEO who refused to quit speaks exclusively with BI about his battle with the board
Nadav Shoval's ouster from OpenWeb serves as a cautionary tale for founders, stemming from a conflict over a prospective BlackRock investment.
What Companies Should Be Asking Their Security Teams Right Now
Companies must proactively assess risks facing executives due to rising political tensions and accessibility of personal data.
Helen Toner's OpenAI exit only made her a more powerful force for responsible AI
Helen Toner highlights a troubling shift in AI companies prioritizing profit over responsible practices, underlining the need for stronger government regulation.
Family of late property developer Joe Cosgrave settle row over company, court told
Denise Cosgrave's case against her brothers-in-law and their companies was resolved through mediation, allowing her to become a registered shareholder and withdrawing all claims.
Super Micro Computer's special committee found no corporate misconduct or fraud despite auditor concerns and a subsequent share price drop.
Intel CEO Pat Gelsinger retires
Intel CEO Pat Gelsinger retires, with interim co-CEOs appointed as search for permanent successor begins.
With stakeholder capitalism pioneers Schwab, Dimon, and Fink nearing retirement, who will carry the torch forward?
Leadership transitions at key firms could redefine the future of stakeholder capitalism.
Gary Gensler's Parting Gift
SEC recorded $8.2 billion in penalties for fiscal year 2024, the highest ever during Gensler's tenure.
How did a Macy's worker conceal up to $154 million in fake expenses? Experts weigh in
Macy's is investigating fraudulent accounting practices that concealed over $100 million in expenses.
Two-year decline in number of female executives on FTSE 250 Boards - London Business News | Londonlovesbusiness.com
The percentage of women in executive positions on FTSE 250 boards has decreased despite overall female representation increasing.
Total Energies pauses investments into Adani Group on bribery charges
TotalEnergies halts investments in Adani Group amid bribery allegations, reflecting rising scrutiny and criticism towards the conglomerate's transparency and governance.
South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee | TechCrunch
Samsung's leadership faces potential legal consequences amidst ongoing corporate reforms in South Korea.
Legal Excellence in Miami: A Conversation with Mitchell Silverstein Attorney
Mitchell Silverstein applies diverse cultural insights and ethical practices to law, focusing on proactive strategies that drive positive impact in corporate governance.
Short-seller takes aim at beloved Gen Z makeup brand e.l.f. Beauty
e.l.f. Beauty denies inflated revenue allegations and stands by its financial integrity amid significant market reaction.
Indian billionaire Adani, three Canadian pension executives charged in major fraud scheme | CBC News
Gautam Adani faces significant legal challenges with U.S. fraud charges, highlighting concerns regarding corporate governance and bribes in India's economy.
Nissan surges after firm linked to hedge fund takes 2.5% stake
Nissan's shares surged after an activist investor acquired a 2.5% stake, raising hopes for potential structural reforms amidst recent business struggles.
Short-seller takes aim at beloved Gen Z makeup brand e.l.f. Beauty
e.l.f. Beauty denies inflated revenue allegations and stands by its financial integrity amid significant market reaction.
Indian billionaire Adani, three Canadian pension executives charged in major fraud scheme | CBC News
Gautam Adani faces significant legal challenges with U.S. fraud charges, highlighting concerns regarding corporate governance and bribes in India's economy.
Nissan surges after firm linked to hedge fund takes 2.5% stake
Nissan's shares surged after an activist investor acquired a 2.5% stake, raising hopes for potential structural reforms amidst recent business struggles.
'We got completely played for suckers,' MP says of recent takeovers in Canadian forestry | CBC News
Foreign owner Jackson Wijaya's acquisition of Asia Pulp and Paper from his family raises alarms over environmental concerns and corporate transparency.
Opposition critics highlight the disconnection between Paper Excellence's claims of independent operations and recent acquisitions.
Royal Mail warns of 120 million cost increase due to National Insurance rise
Royal Mail is facing financial strain due to increased tax costs which affect its large workforce significantly.
Australian gold miner to pay Mali 152 million to free detained staff
Resolute Mining's leadership was detained amid rising scrutiny in Mali's mining sector, leading to a $160 million settlement with the military government.
Resolute Mining to pay $247m to free CEO Terence Holohan and executives detained in Mali
Resolute Mining is paying Mali $247 million to resolve matters following the detention of its CEO and employees, impacting its cash reserves.
Australian gold miner to pay Mali 152 million to free detained staff
Resolute Mining's leadership was detained amid rising scrutiny in Mali's mining sector, leading to a $160 million settlement with the military government.
Resolute Mining to pay $247m to free CEO Terence Holohan and executives detained in Mali
Resolute Mining is paying Mali $247 million to resolve matters following the detention of its CEO and employees, impacting its cash reserves.
Ben & Jerry's sues parent Unilever for muzzling it over Gaza
Unilever has allegedly silenced Ben & Jerry's advocacy for Palestinian rights, violating their agreement on social mission.
Ben & Jerry's is suing parent company Unilever again. Here's why
Ben & Jerry's lawsuit against Unilever highlights tensions over corporate governance and the right to express social mission values.
Ben & Jerry's accuses Unilever of seeking to muzzle its Gaza stance
Ben & Jerry's sued Unilever, claiming censorship over its support for Palestinian refugees and a violation of their acquisition agreement regarding governance.
Ben & Jerry's sues parent Unilever for muzzling it over Gaza
Unilever has allegedly silenced Ben & Jerry's advocacy for Palestinian rights, violating their agreement on social mission.
Ben & Jerry's is suing parent company Unilever again. Here's why
Ben & Jerry's lawsuit against Unilever highlights tensions over corporate governance and the right to express social mission values.
Ben & Jerry's accuses Unilever of seeking to muzzle its Gaza stance
Ben & Jerry's sued Unilever, claiming censorship over its support for Palestinian refugees and a violation of their acquisition agreement regarding governance.
Fed Bank Examiner Allegedly Gave Himself A Little Bonus
The SEC is cracking down on insider trading, exemplified by its lawsuit against a former Richmond Fed supervisor for trading on confidential information.
Companies Should Take Notice of the Extraterritorial Reach of U.S. Trade Secret Law
The Seventh Circuit's ruling allows for the application of U.S. trade secret law to global disputes if an act in the U.S. is established.
The CEO of a $17 billion real estate giant will step down after 50 years-and just weeks after a short seller accused him of concealing millions in self dealings
Gary Shiffman is stepping down as CEO of Sun Communities amidst a recent controversy, but he will remain on the board.
Voluntary carbon markets are flooded with cheap offsets that aren't effective, data says
The effectiveness of voluntary carbon markets in aiding global net-zero transitions is increasingly questioned.
Is the Watch Industry Downplaying Its Sustainability Effort?
The watch industry faces a challenge as the EU's Corporate Sustainability Reporting Directive mandates disclosures on sustainability starting in 2025.
ADM's multiple accounting errors and SEC probe are 'highly concerning' to investors
ADM has postponed its Q3 earnings call due to financial mismanagement and misclassified transactions, illustrating ongoing concerns over its accounting practices.
Boeing's Strike Is Over. What's Next for the Company?
Boeing employees are returning to work, but the company faces significant ongoing issues, including quality, safety, and financial challenges.