Management Archives - Page 71 of 341

1 minute read

The Walt Disney Company Confirmed Today That Trian Fund Management, L.P., Alongside Certain Affiliates, Has Provided Notice Of Its Intent To Nominate Two Individuals For Election To The Co’s Board Of Directors At The 2024 Annual Meeting Of Shareholders

December 14, 12:52 PM

The Walt Disney Company (NYSE:DIS) confirmed today that Trian Fund Management, L.P., alongside certain affiliates, including Trian's previously disclosed partnership with Isaac Perlmutter pursuant to which it obtained

DIS

7 minute read

“GM’s Cruise laying Off 900, Or 24% Of Its workforce: Read The Memo Here” – CNBC

By Benzinga Newsdesk

December 14, 12:30 PM

https://www.cnbc.com/2023/12/14/gms-cruise-laying-off-900-or-24percent-of-its-workforce.html#:~:text=General%20Motors'%20Cruise%20on%20Thursday,response%20to%20the%20October%20accident. The layoffs, which mostly hit

4 minute read

Trian Nominates Two Candidates To The Walt Disney Company Board; Nelson Peltz And James A. (“Jay”) Rasulo

By Benzinga Newsdesk

December 14, 11:31 AM

Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today submitted a

DIS

2 minute read

First Community Announces Leadership Moves; Effective July 1, 2024, J. Ted Nissen Will Become The CEO Of First Community Bank While Still Retaining The Role Of President

By Benzinga Newsdesk

December 14, 10:16 AM

Today, First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, announced promotions and additions to its Executive Leadership Team. Effective July 1, 2024, J. Ted Nissen will

FCCO

2 minute read

Light & Wonder Names Oliver Chow Chief Financial Officer, Chow Served As Interim CFO Since August 2023

By Benzinga Newsdesk

December 13, 5:13 PM

Chow Served as Interim CFO Since August 2023Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W" or the "Company") announced today that Oliver Chow has been appointed as the Company's Executive

LNW

1 minute read

Marten Transport Appoints Adam Phillips As Executive Vice President And Chief Operating Officer, Effective December 13, 2023

By Benzinga Newsdesk

December 13, 5:10 PM

Marten Transport, Ltd. (NASDAQ:MRTN) announced that its Board of Directors has appointed Adam D. Phillips to an executive officer as its Executive Vice President and Chief Operating Officer, effective December 13,

MRTN

4 minute read

Ocean Power Technologies Sends Letter To Shareholders Highlighting Continued Execution Of Company’s Value-Enhancing Strategy; Urges Shareholders To Vote Only On The White Proxy Card “For” All The Company’s Proposals

By Benzinga Newsdesk

December 13, 2:51 PM

Urges Shareholders to Vote Only on the WHITE Proxy Card "FOR" All the Company's Proposals, Including Voting "FOR ALL" of the Board's Highly Qualified and Experienced NomineesOPT's Current Board and Management Team Remain

OPTT

2 minute read

“PGT Rebuffs Latest $2.2B Bid From Koch-Backed Miter Brands” – Reuters

By Benzinga Newsdesk

December 13, 1:14 PM

PGT Innovations Inc , a U.S. maker of vinyl and aluminum doors and windows, has rejected a new bid worth about $2.2 billion from Miter Brands, a competitor backed by Koch Industries, according to people familiar with the

PGTI

1 minute read

Paragon, Owning ~4.9% Of The Outstanding Shares Of Ocean Power, Calls Out Co’s Contract Award Announcements In Response To Paragon’s Campaign As Too Little, Too Late

By Benzinga Newsdesk

December 13, 12:51 PM

Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.9% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE:OPTT), ("Company") ("OPT"), calls out OPT's recent

OPTT

1 minute read

Etsy Restructuring Plan Includes An ~11% Reduction Of Etsy Marketplace Workforce; In Connection, Estimates That It Will Incur ~$25M-$30M In Charges; Raina Moskowitz, Formerly COO, Will Assume Title Of Chief Operating And Marketing Officer

By Benzinga Newsdesk

December 13, 12:19 PM

- SEC Filing On December 12, 2023, the board of directors of Etsy, Inc. ("Etsy") approved a restructuring plan designed to increase Etsy's operational efficiencies, reduce operating costs, and better align Etsy's

ETSY