Tag:
John Deutch
Latest Headlines
Latest Headlines
An all-new Citi board?
Citigroup ( C ) and Bank of America ( BAC ) have been re-working their boards in the wake of the financial crisis. Critics are urging more. At Citigroup, John Deutch, a longtime member of the board and a former a Central Intelligence Agency leader, will not seek re-election this year. He has t
The real reason Citi directors won at the annual meeting
We've talked a bit about how hard it is for dissident shareholders to prevail at annual meetings. It may get easier soon because the SEC has agreed to scrap an old rule that basically guaranteed management would always prevail. Because of that rule, there was no reason to be surprised the Citi ann
Battle brewing over Citigroup board?
Citigroup has certainly tinkered with its board--most notably by installing Richard Parsons as chairman and nominating four new directors to be voted on at the April 21 meeting. But not all shareholders are satisfied.
Now, proxy advisory firm RiskMetrics has recommended that shareholders vote
