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Board Independence Levels Continue to Rise: Thanks to stock exchange listing requirements and shareholder pressure, director independence levels at companies in the S&P 1500 continue to rise to new heights.
Pressure director Bolden into firing James Hansen?
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BOWING to shareholder pressure, directors at Washington Mutual, the nation's largest savings and loan, stripped Kerry K. Killinger, chairman and chief executive of the company, of his chairmanship on June 2.
Voting also has a "premium effect:" It pressures directors to bargain harder with the acquirer.
It pressures directors into making dividend payouts, even at the expense of cutting investment in research and development.
Another is the government's pressuring directors to personally pony up civil fines for alleged company misdeeds.
Two more men under increasing pressure are director of football Andoni Zubizarreta and manager Tata Martino.
Just a month after Jeremy Strick resigned under pressure as director of the beleaguered Museum of Contemporary Art in Los Angeles, he has landed a new job.
Although insisting that he was not bending to public pressure, palace director Jean-Jacques Aillagon announced that the contemporary art program at Versailles would be temporarily suspended at the close of Murakami's exhibition.
"The administration put incredible political pressure on Director DeMarco, and he deserves praise for standing up for the best interests of the American people," said Representative Spencer Bachus, an Alabama Republican who is chairman of the House committee that oversees the agency.
These include efforts to pressure the director of the F.B.I., James B. Comey, to end the bureau's investigation into Mr. Flynn, firing Mr. Comey and Attorney General Jeff Sessions and attempting to fire Mr. Mueller.
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