Corporate governance

  1. Best Buy Founder Richard Schulze Steps Down Amid CEO Investigation

    May 14, 2012 11:32 AM EDT NEW YORK (AP) - Best Buy said Monday its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and failed to alert the audit committee. The comp ...

  2. Lyor Cohen Realigns WMG Senior Management, Warner Music Europe CEO John Reid Departs

    November 09, 2011 3:15 PM EST WMG Recorded Music Chairman and CEO Lyor Cohen In one of his first moves as the head of recorded music operations worldwide, WMG Recorded Music chairman and CEO Lyor Cohen has flattened the company's management structure by creating a global ...

  3. Chicago Bank Pushes SBS To Add Value Or Sell

    March 10, 2008 12:00 AM EDT A Chicago merchant banking firm that owns nearly 10% of Spanish Broadcasting System’s class A common stock wants SBS chairman/CEO/president Raul Alarcon, Jr. to take the company private, sell to a strategic party or get out of the way by adopting ...

  4. Riley Investment, Trans World Extend Deal

    February 07, 2008 12:00 AM EST Riley Investment Management and Trans World founder/chairman Bob Higgins have extended their agreement in a pursuit of taking the 815-unit chain private by buying out public shareholders. An agreement between the two signed on Nov. 28, expired on ...

  5. Jackson Takes Reins As Exec VP At Best Buy

    September 26, 2007 12:00 AM EDT Best Buy has named Darren Jackson executive VP of its customer operating groups. Jackson reports to Brian Dunn, the company’s president and COO. Jackson, formerly Best Buy's CFO, will lead the company's entertainment, PC mobility and hom ...

  6. Ayling Flies Out Of Sanctuary

    August 13, 2007 12:00 AM EDT Sanctuary Group chairman Robert Ayling and three non-executive directors are no longer on the board of the music company. Ayling and his colleagues James Wallace, Tina Sharp and John Preston leave less than a fortnight after Universal Music Group& ...

  7. Pedowitz Elected To BMI Board

    November 17, 2006 12:00 AM EST John "Jack" Sander elected as vice chairman. Mark Pedowitz, president of Touchstone Television and executive VP of ABC Entertainment Television Group, has been elected to the BMI board of directors. The announcement by chairman Cecil Wal ...

  8. EMI Drops Merger Plans With Warner Music

    July 27, 2006 12:00 AM EDT Board of directors to review position in the future. Board of directors to review position in the future. News ...

  9. CMA Promotes Three Communications Staffers

    May 01, 2006 12:00 AM EDT Pearl promoted to VP. Wendy Pearl has been promoted to VP of communications at the Country Music Assn. in Nashville. She previously was senior director of the department. After stints in publicity and artist development at Sony Music. Asylum Recor ...

  10. Sanctuary Appoints Ayling As Non-Exec Chair

    April 04, 2006 12:00 AM EDT Sanctuary Group plc's search for a non-executive chairman is over. The independent music firm today (April 4) confirmed the appointment of esteemed British executive Bob Ayling to the post. Sanctuary Group plc's search for a non-executiv ...

  11. Sanctuary Appoints Ayling As Non-Exec Chair

    April 04, 2006 12:00 AM EDT Sanctuary Group plc's search for a non-executive chairman is over. The independent music firm today (April 4) confirmed the appointment of esteemed British executive Bob Ayling to the post. Sanctuary Group plc's search for a non-executiv ...

  12. New Board Member For WMG

    March 06, 2006 12:00 AM EST Michele J. Hooper has been elected to Warner Music Group Corp.'s board of directors. She will serve as an independent director on WMG's board and will sit on its audit committee. Michele J. Hooper has been elected to Warner Music Group C ...

  13. New Board Member For WMG

    March 06, 2006 12:00 AM EST Hooper joins as an independent director. Michele J. Hooper has been elected to Warner Music Group Corp.'s board of directors. She will serve as an independent director on WMG's board and will sit on its audit committee. Hooper, 54, is a ...

  14. Maunder Joins EMI Music As CFO

    October 27, 2005 12:00 AM EDT Clear Channel exec succeeds Ells. Tim Maunder has been recruited to the vacant role as CFO of EMI Music, the recorded music division of London-based EMI Group plc. Maunder, currently CFO with Clear Channel International Outdoor Division, joins EMI ...

  15. Disney Implements Policy Changes

    August 23, 2005 12:00 AM EDT One week after the Walt Disney Co. was again chided for formerly weak corporate governance practices, the firm said Aug. 18 that it has amended its guidelines for the removal of directors and to preve (The Hollywood Reporter) -- One week after the ...

  16. Capitol Nashville Names COO

    June 20, 2005 12:00 AM EDT Becci will oversee financial operations. Capitol Records Nashville CFO Tom Becci rises to the position of COO for the label, where he’ll oversee Capitol's financial operations including budget administration and financial planning, as well as ...

  17. EMI Promotes Ells to COO

    May 04, 2005 12:00 AM EDT EMI Music's CFO Stuart Ells has been promoted to COO and regional director. In addition to being in charge of the company's global functions such as logistics and legal & business affairs, he take EMI Music's CFO Stuart Ells ...

  18. WMI Names CFO In London

    April 26, 2005 12:00 AM EDT Warner Music International has named Joseph (Jos) de Raaij as CFO. Based in London, he will report to COO Gero Caccia. Warner Music International has named Joseph (Jos) de Raaij as CFO. Based in London, he will report to COO Gero Caccia. De Raaij ...

  19. Agency Group Ups Two

    March 08, 2005 12:00 AM EST The Agency Group Ltd. (TAG) has promoted Jan Sikorski to COO and Paurooshasp Perry to CFO. Both are based in the U.K. and report to TAG worldwide CEO Neil Warnock. The Agency Group Ltd. (TAG) has promoted Jan Sikorski to COO and Paurooshasp Perry ...

  20. Agency Group Ups Two

    February 28, 2005 12:00 AM EST The Agency Group Ltd. has promoted Jan Sikorski to COO and Paurooshasp Perry to CFO. Both are based in the U.K. and report to TAG worldwide CEO Neil Warnock. The Agency Group Ltd. has promoted Jan Sikorski to COO and Paurooshasp Perry to CFO. Both ...

  21. SEC

    February 01, 2005 12:00 AM EST This Week's Story: SEC may ease Sarbanes-Oxley rules. This Week's Story: SEC Considers Easing Rules On Foreign Companies LONDON (AP) -- The U.S. Securities and Exchange Commission is considering softening new American corporate governanc ...

  22. CCE CFO Stacey Resigns

    December 13, 2004 12:00 AM EST Ed Stacey has resigned his position as chief financial officer of Clear Channel Entertainment, a position he has held for the past five years, to pursue other career interests. Ed Stacey has resigned his position as chief financial officer of Clea ...

  23. Artemis Names Scully As CFO

    September 14, 2004 12:00 AM EDT Chris Scully has been named CˆFO for Artemis Records, based in New York. He will report directly to Artemis chairman/CEO Danny Goldberg. Chris Scully has been named CˆFO for Artemis Records, based in New York. He will report directly to Artemis ch ...