Boardroom

Google CEO Eric Schmidt has been named to the board of directors of Apple Computer, a move some say could portend future cooperation between the two tech giants and spell bad news for common rival Microsoft. Schmidt was elected the eighth director during a meeting of existing board members at Apple ...

It can be a scary world out there. Phishers, hackers, crackers and the like are determined to wreak havoc on network security -- and a firm's Chief Information Officer is smack dab in the middle of it all. The CIO establishes and directs the strategic long-term goals, policies and procedures for an ...

Sarbanes-Oxley has certainly made quite an impact on corporate governance since its enactment in 2002. Most of us remember the corporate debacles that brought about SOX. In fact, one of them, the Enron failure, is still very much in the news today. Consider some of the ways that SOX has affected cor...

Microsoft Chairman Bill Gates on Thursday announced a major transition for the company he founded. Gates will give up his day-to-day role at Microsoft effective July 2008 to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. "This was a hard decision ...

In the wake of yet another poor earnings report, Sun Microsystems on Monday announced that Scott McNealy is stepping down as the company's CEO. Effective immediately, Sun President Jonathan Schwartz will succeed him as CEO and will also retain the title of president. McNealy will continue serving as...

Gateway CEO Wayne Inouye -- who took the helm at the company following its merger with eMachines and led it back to profitability -- resigned just days after announcing results that missed profit targets. The company said Inouye intends to "pursue other interests" after almost two years as chief exe...

The Securities and Exchange Commission cast a preliminary vote in favor of new rules that would force public companies to more fully report how much top executives are being paid, with everything from stock grants and bonuses to non-cash perks subject to disclosure. The five-member commission held a...

Since the enactment of the Sarbanes-Oxley act in 2002, there has been a great deal of confusion and fear in corporate boardrooms. Many of my peers are now reluctant to serve on boards, and some have actually resigned. In my opinion, much of this fear and confusion is unfounded. The fact of the matte...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...

Shareholders of long distance provider MCI overwhelmingly approved a plan for Verizon Communications to buy the company for US$8.4 billion, one of the final hurdles for the major telecom merger. MCI said 88 percent of its shareholders voted in favor of the merger, despite attempts by some investors ...

Microsoft hasn't discussed the strategy behind the reorganization and new leadership the company announced yesterday other than to say that it wants to speed decision-making, but there are some messages that can be gleaned from its choices. With its new realignment, Microsoft may be trying to gain s...

When WorldCom, the telecommunications giant, failed and was put into bankruptcy, the U.S. witnessed one of the largest accounting frauds in history. Former CEO, Bernie Ebbers, 63, was convicted of orchestrating this US$11 billion accounting fraud and was sentenced to 25 years in prison on July 13, 2...

In the late 1990s, Peter Relan was working as a software executive at Oracle when his neighbor, Louis Borders, the founder of Borders Books and Music, offered him a chance to join his new startup. Relan was intrigued enough to make the leap to the dot-com world, where he helped develop much of the t...