In the Margins
Tesla Inc. moved to diversify a board that some investors have complained is too closely tied to CEO Elon Musk. James Rupert Murdoch, CEO of Twenty-First Century Fox Inc., and Linda Johnson Rice, chairman of Johnson Publishing Co., joined Tesla’s board effective Thursday, according to a filing. Read the original story from Bloomberg.
Most Read
Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...
Invesco Funds expects to add two new independent and two new interested directors to its boardroom early in 2024, following a shareholder vote that also will ...
The boards overseeing TIAA's 88 and Nuveen Investments' 135 mutual funds plan to merge into a singe entity, nine years after TIAA acquired Nuveen for $6.25 ...
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a ...