Vodafone names outgoing Philips Chief Executive Gerard Kleisterlee as its future chairman, appointing a businessman with emerging-market experience who simplified the Dutch group... more
The Financial Times carried a story that Michael Geoghegan, chief executive of HSBC, had threatened to resign if the board did not appoint him chairman - the one certainty in reading it is that he did no such thing ... more
When activist investors challenge big companies, the giants usually react dismissively, pointing to the pitifully small percentage of votes typically mustered by those seeking change... more
John Varley may not be handing in his security pass to Barclays Canary Wharf headquarters for another 12 months, but he will be courted by any number of FTSE 100 companies to come and head their boardrooms before then... more
Ebullio Capital Management admits its commodity fund fell 96% in the first two months of 2010 - the Latin “ebullio” means to produce in abundance... more
Sir Philip Hampton of Sainsbury’s, Sir John Bond of Vodafone and Roger Carr of Centrica are just three of the high-profile chairmen gathering at an event in the City to put wannabe female board directors through their paces
... more
The demise of Waterford Wedgwood is a sorry tale. There is red ink everywhere, the Stoke pottery operation is pointing fingers at the Irish glassmaking side, while there's much brouhaha about moving the whole manufacturing process to Indonesia... more
Which of our High Street banks has for the most part ridden out the financial crisis? Yep, HSBC, the bank that rode roughshod all over corporate governance rules by successively appointing their chief executives to be chairman... more
Profile: Mike Geoghegan’s HSBC used to
be seen as a plodder. But he didn’t get his
knuckles rapped by ministers and it doesn’t
need our money. Its rivals are still smarting... more
Afternoon:
8°c
