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BP chairman announces retirment, board launches search for successor

1 day ago DieselGasoil Comments Off on BP chairman announces retirment, board launches search for successor
10/20/2017 LONDON — BP has announced that Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman. Svanberg will chair the annual general meeting to be held in May 2018 and will remain in position until a successor is in post. Ian Davis, the BP board’s senior independent director, Read More

Ackman, ADP board nominees to discuss plans for company Thursday

4 days ago DieselGasoil Comments Off on Ackman, ADP board nominees to discuss plans for company Thursday
(Reuters) – Activist investor William Ackman’s dissident director candidates for board seats at Automatic Data Processing Inc will answer questions about their plans for the company on Thursday ahead of November’s proxy vote. Sanford C Bernstein & Co investment analyst Lisa Ellis will interview director candidates Veronica Hagen and Paul Unruh as well as Ackman Read More

AADE Lafayette Chapter elects 2017-2018 board, committee members

1 week ago DieselGasoil Comments Off on AADE Lafayette Chapter elects 2017-2018 board, committee members
10/12/2017 LAFAYETTE — The Lafayette Chapter of the American Association of Drilling Engineers (AADE) has elected its 2017-2018 board and committee members. Members from oil and gas operator and service companies volunteer to serve as members of the AADE board to support drilling education in multiple forms to benefit both industry professionals and students. AADE Read More

Hedge fund chief Nelson Peltz loses bid for P&G board seat

2 weeks ago DieselGasoil Comments Off on Hedge fund chief Nelson Peltz loses bid for P&G board seat
(Reuters) – Procter & Gamble Co (PG.N) repelled a challenge from activist investor Nelson Peltz for a board seat on Wednesday after shareholders backed all 11 directors nominated by the U.S. consumer goods company’s management. Peltz had been seen as the favorite to win the contest, because he had the backing of all three top Read More

Super Nova Petroleum Corp. Appoints Konstantine Lichtenwald to Board of Directors

2 weeks ago DieselGasoil Comments Off on Super Nova Petroleum Corp. Appoints Konstantine Lichtenwald to Board of Directors
VANCOUVER, British Columbia, Oct. 10, 2017 (GLOBE NEWSWIRE) — Super Nova Petroleum Corp. (CSE/CSNX:SNP) (OTC:SNOVF) (the “Company” or “Super Nova”) is pleased to announce that it has appointed Mr. Lichtenwald CPA, CGA, to the board of the company. Mr. Lichtenwald has over ten years of finance and accounting experience, including corporate compliance, accounting and financial Read More

‍SINA Corp asks shareholders to vote against Aristeia Capital board nominees​

2 weeks ago DieselGasoil Comments Off on ‍SINA Corp asks shareholders to vote against Aristeia Capital board nominees​
Oct 10 (Reuters) – SINA Corp: * ‍SINA corporation sends letter to shareholders​ * Urges shareholders to vote for election of Yichen Zhang and vote against election of each of Aristeia’s board nominees​ Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. Read More

RPT-UPDATE 2-GE names hedge fund Trian executive Ed Garden to board

2 weeks ago DieselGasoil Comments Off on RPT-UPDATE 2-GE names hedge fund Trian executive Ed Garden to board
(Repeats to widen distribution and show pictures availability) By Svea Herbst-Bayliss and Rachit Vats Oct 9 (Reuters) – U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund’s chief investment officer to its board on Monday. Edward Garden will replace Read More

GE names hedge fund Trian executive Ed Garden to board

2 weeks ago DieselGasoil Comments Off on GE names hedge fund Trian executive Ed Garden to board
(Reuters) – U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund’s chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, who is retiring due to health reasons after a dozen years as a director, Read More

UPDATE 1-GE names hedge fund Trian executive Ed Garden to board

2 weeks ago DieselGasoil Comments Off on UPDATE 1-GE names hedge fund Trian executive Ed Garden to board
(Reuters) – U.S. industrial conglomerate General Electric Co (GE.N), which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund’s chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, who is retiring due to health reasons after a dozen years as a Read More

Sonangol aims to slash oil production costs with board revamp

2 weeks ago DieselGasoil Comments Off on Sonangol aims to slash oil production costs with board revamp
LONDON, Oct 9 (Reuters) – Angola’s state oil company Sonangol is aiming to slash breakeven costs on new oil production to as low as $20-$30 per barrel and make its contracts more attractive to investors and oil and gas companies, the company’s chief Isabel dos Santos told Reuters. On the sidelines of the FT Africa Read More