Boardroom

John Schappert, who helped create and grow the "Madden NFL" franchise of video games, has taken a position with Microsoft's Live interactive entertainment division. Schappert moves to Microsoft from Electronic Arts, following in the footsteps of his former boss at EA, Don Mattrick, who will now be h...

XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August. XM did not immediately name a full-time replacement, instead saying it would use its second quarter earnings conference call scheduled for Thursday morning to outline its plans for the...

Hoping to put its run-in with the options backdating scandal to rest, VeriSign said Thursday its chief financial officer would be replaced and said it would restate results for four full years. VeriSign will take a charge of around $160 million to account for the restatement of results from 2002 to ...

Blockbuster has named James Keyes, former chief of convenience store chain 7-Eleven, as its new CEO as it bids to regain investor confidence while fighting off challenges from Netflix and emerging technologies. Keyes will succeed John Antioco, who activist investors -- led by billionaire board membe...

Shareholders upset about Yahoo's lagging performance forced CEO Terry Semel to defend the company's market strategy, even as he and other company-backed officers were re-elected to the portal's board of directors. Yahoo shareholders defeated a proposal to change the way executive pay is determined, ...

Since the passage of Sarbanes-Oxley in 2002, board members have become increasingly aware of potential liabilities to board service. Though much of this worry is unfounded, some things still should be watched closely. As a board member, you should be aware of at least some basic indications that the...

Monster Worldwide, the parent company of leading online job recruiter Monster.com, shook up its management team Wednesday, and in the process has shed a little stock value. Shares lost about a dollar over most of the Thursday, rebounding a little from a low of $44.40. The news that seemed to spark ...

HP and the SEC have reached a settlement on charges that HP misled investors by not disclosing that a board member had resigned over the spying tactics used by the former chairman. HP agreed to an SEC order that contains no penalties and admits no wrongdoing but contains a pledge that the company wi...

The board of directors for radio and billboard giant Clear Channel Communications unanimously approved a slightly sweetened $19.5 billion buyout offer from private equity groups whose prior attempts it recently rejected. Asked by some major shareholders to rethink that rejection, the board announced...

Billionaire investor Carl Icahn has fallen short in his bid to win a seat on the board of directors of sagging handset maker Motorola, with the company announcing that preliminary estimates of votes show all incumbent board members re-elected. The results -- which won't be finalized for a few weeks ...

Marvell Technology Group announced several changes to its leadership after an internal investigation found that stock options grants were routinely backdated, the company announced Monday. The firm indicated that more changes could be on the way. Marvell's CFO George Hervey has resigned, the company...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

Shares of IBM powered higher Tuesday after the technology giant said it would pay a larger quarterly dividend to shareholders and move to buy back up to $15 billion worth of its own stock. IBM said its board of directors had voted to increase its quarterly cash dividend to 40 cents per share, a 33 p...