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
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...