Latest news with #boardmembers
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Starbucks Elects Two Board Members Including Former Yahoo CEO Marissa Mayer
Starbucks SBUX 0.81%increase; green up pointing triangle elected two new board members, including the former chief executive of Yahoo, Marissa Mayer. Mayer is now chief executive of Sunshine AI, a technology startup she founded that automates everyday tasks. She led Yahoo for five years until 2017, overseeing the $1.1 billion acquisition of Tumblr and strong stock performance at the start of her tenure. She left when the company was bought by Verizon Communications.
Argaam
3 days ago
- Business
- Argaam
Anaam shareholders reject discharging board members from liability for 2024
Anaam International Holding Group 's shareholders disapproved discharging board members from liability for 2024, during the ordinary general meeting held on June 25, according to a Tadawul statement. Shareholders also disapproved appointing an external auditor to review Q2, Q3, and Q4 2025, as well as Q1 2026. Additionally, they rejected the auditor's report for 2024 after reviewing it.
Argaam
3 days ago
- Business
- Argaam
Saudi Fisheries shareholders reject board liability discharge
Saudi Fisheries Co.'s (Alasmak) shareholders rejected the proposal to discharge board members from liability for the fiscal year ended Dec. 31, 2024, during the ordinary general meeting (OGM) held on June 25. In a statement to Tadawul, the company said shareholders approved all other agenda items, including the disbursement of a remuneration totaling SAR 668,630 for board members for 2024.
Zawya
5 days ago
- Business
- Zawya
Saudi: GASCO to pay over $22.9mln dividends for H1-25
The board members of National Gas and Industrialization Company (GASCO) approved cash dividends valued at SAR 86.30 million for the first half (H1) of 2025. GASCO will pay out a dividend of SAR 1.15 per share, representing 11.50% of its share capital, for 75 million eligible shares. The eligibility and payment dates for the dividends will be 30 July and 13 August 2025, respectively. In the first quarter (Q1) of 2025, GASCO posted 21.24% year-on-year (YoY) lower net profits at SAR 61.90 million, compared to SAR 78.60 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Reuters
09-06-2025
- Politics
- Reuters
Corporation for Public Broadcasting can keep board members despite judge's ruling
June 9 (Reuters) - A federal judge said that three board members of the Corporation for Public Broadcasting can keep their seats, even as he denied the nonprofit a preliminary injunction to block U.S. President Donald Trump from removing them. In a decision on Sunday, U.S. District Judge Randolph Moss in Washington, D.C. said the nonprofit recently used indirect authority it obtained from Congress to protect its independence, by changing its bylaws to make it harder to remove directors at will, including by Trump. "The President is not free to remove directors and then unilaterally to appoint their replacements, thereby using his power to remove as an effective tool for altering board policy," Moss wrote. "Rather, the President's appointment authority is tempered by the requirement that he proceed only with the advice and consent of the Senate." Moss nonetheless said the CPB was unlikely to prevail on the merits, and could not show irreparable harm because it could still function and "in all likelihood" has blocked Trump from exercising unilateral authority to remove board members. Created by Congress in 1967, the CPB provides financial support for the Public Broadcasting Service, National Public Radio and more than 1,500 locally managed public radio and TV stations. It sued after Trump fired three of its five directors -- Diane Kaplan, Laura Ross and Thomas Rothman - ostensibly without providing a reason. PBS and NPR are also suing to block the Trump administration from canceling their federal funding. "We are very pleased that the court recognized CPB is an independent, non-profit corporation, free from governmental control or influence," CPB President Patricia Harrison said in a statement. Harrison said the nonprofit looks forward to continuing its work "to ensure accurate, unbiased and nonpartisan public media is available for all Americans." CPB received $535 million of federal funding for its current fiscal year. The White House and many Republicans have argued that the government should not provide funding to support programming that they consider too liberal. A White House spokesperson on Monday said CPB is "creating media to support a particular political party on the taxpayers' dime. Therefore, the President is exercising his lawful authority to limit funding to NPR and PBS." The case is Corporation for Public Broadcasting et al v Trump et al, U.S. District Court, District of Columbia, No. 25-01305.
