board of directors News

How Corporate Chiefs Dodge Lawsuits over Sexual Abuse and Deadly Products

Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by about 50 women. But one group of …

Boeing Board to Face Investors’ Suit Over 737 Max Crashes

Boeing Co.’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion. Delaware Chancery Judge Morgan …

PG&E to Purge Most of its Board in Fallout From Bankruptcy

BERKELEY, Calif. — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s …

Board of Iowa Insurance Pool Travels Far for Public Meetings

IOWA CITY, Iowa — Board members of an Iowa government insurance program have frequently held public meetings at posh out-of-state resorts, costing tens of thousands of dollars while making it harder for the public to attend, a review by The …

CNA, QBE, Arcadia Settlements Make Personnel Changes

CNA Taps QBE Lawyer for General Counsel Post CNA has appointed Jose Ramon Gonzalez as executive vice president and general counsel. Gonzalez will serve as the principal counsel for the Chicago based carrier, responsible for legal affairs, compliance, regulatory and …

KEMI Board Votes to Cut CEO’s Pay Following Critical Audit

LEXINGTON, Ky. — The governing board of Kentucky Employers’ Mutual Insurance has recommended that its chief executive take a pay cut and lose his long-term job contract in favor of year-to-year probation. The Lexington Herald-Leader reports the action follows an …

Study Finds Boards at Top U.S. Firms Are Diversifying More Quickly

America’s largest companies added women and minorities to their boards of directors at a faster pace over the past two years, a period when sexual harassment scandals thrust workplace equality into the spotlight, a study shows. The rate of change …

California Becomes 1st State to Require Women on Corporate Boards

California has become the first state to require publicly traded companies to include women on their boards of directors, one of several laws boosting or protecting women that Gov. Jerry Brown signed Sunday. The measure requires at least one female …

David Wroe Named to Astonish Board of Directors

Warwick, RI, 9/13/13 – Astonish, a leading technology, marketing, and training company dedicated solely to the needs of insurance agencies, announces the election of David Wroe to its board of directors. Wroe started his career in technology more than four …

Astonish Welcomes Dennis Chookaszian to Board of Directors

Warwick, RI, 04/19/2012 – Astonish, a full-service digital marketing company that serves local insurance agencies, financial firms, and MGAs, welcomes its newest Board member, Dennis Chookaszian. Chookaszian joins Astonish’s Board of Directors after an impressive 27-year career at CNA Financial …