In the Margins
Baxter International has appointed a representative of Third Point to its board, part of a deal to work with the activist investment fund run by Daniel Loeb. Munib Islam, a partner at Third Point, will serve on the board's executive search working group and its audit committee. Baxter and Third point also agreed that a second director would be added to the board later. Read the original story from BloombergBusiness.
Most Read
Independent mutual fund directors took home more money in 2018, and the boards on which they sit became slightly more diverse, according to new data published ...
Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...
Metropolitan West Asset Management was handed a victory in court this week, one that mutual fund industry litigators say could finally put an end to lawsuits ...
The time will soon be here to start preparing for third- and fourth-quarter board meetings, and for those boards overseeing smaller mutual fund complexes, the issues ...