- BlackRock, Inc (NYSE:BLK) cracked down on company directors representing too many boards in the U.S. technology industry, the Financial Times reports.
- BlackRock voted against the reappointment of Sanford Robertson to the board of Salesforce, Inc (NYSE:CRM), where he chairs the governance committee. He was the founding partner of PE firm Francisco Partners.
- BlackRock also voted against Twitter Inc (NYSE:TWTR) director Egon Durban, who sat on seven public company boards. Durban is co-CEO at venture investor Silver Lake.
- Durban lost his Twitter board membership in May. However, BlackRock urged him to relinquish two other positions to stay on its board.
- Contrastingly, rival asset manager Vanguard voted in favor of Robertson and Durban.
- For three consecutive years, BlackRock has voted against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) board member Ann Mather, a former CFO at animation studio Pixar, because she sits on an “excessive” number of boards.
- BlackRock opposed Mather’s membership on the Alphabet board despite exiting the board of Airbnb, Inc (NASDAQ: ABNB) and Arista Networks, Inc (NYSE: ANET).
- BlackRock voted against Judith McGrath on Amazon.com Inc’s (NASDAQ:AMZN) board for the first time in three years. McGrath was the former Chair and CEO of MTV.
- BlackRock opposed the directorship of more than four company boards. Vanguard also maintained the same rule, albeit subject to exceptions.
Logitech G Unveils Innovative Gaming and Streaming Gear: Yeti GX and Yeti Orb Microphones, Alongside Litra Beam LX Light
Logitech G, a brand of Logitech (SIX: LOGN) (NASDAQ:LOGI) and leading innovator of gaming technologies and gear, today released three new products for the gaming and streaming space, the Logitech G Yeti GX
