According to the Tokyo Stock Exchange, on average, Japanese companies have only one independent director.
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The company also said it has named Rajiv Gupta as lead independent director, effective immediately.
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Charles Groat, Professor of Geosciences at the University, is an Independent Director of Plains Exploration.
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In 2004 it brought in a no-nonsense former banker, Stephen Harner, as an independent director.
It has added an extra independent director, and the duration of its audit committee meetings has tripled.
Only two major companies in China have appointed an independent director who is a risk management expert.
Brian McAndrews, an independent director on the Seamless board, will serve as chairman.
Sir Michael Rake, BT chairman and senior independent director at Barclays, has been appointed deputy chairman at the bank.
Slaggie is a long-time employee of Fastenal who retired in 1996 as Treasurer and now serves as an independent director.
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Satyam said Friday that independent director Mangalam Srinivasan had resigned from the company's board, The company did not provide a reason.
The report came as Wall Street bank Goldman Sachs announced that Mr Mittal had joined the firm's board as an independent director.
The new code calls for a senior independent director to join regular management meetings with big shareholders and report back to the board.
Even well-known companies like Canon, Toyota, Nintendo and Suzuki have not appointed even one independent director to oversee operations and help protect shareholder value.
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Kevin Daley, now the lead independent director, will be interim Chairman.
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The Board of Directors has not named a lead independent director.
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As an international banking expert, a rarity in China, he was also invited to be an independent director of the Bank of China in Hong Kong.
As ZTE's Independent Director, an American citizen, has confirmed in a sworn affidavit: ZTE's business decisions and actions are not directed or influenced by China's government.
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But these are nothing compared to the concerns still weighing on Mr Pandit, who won a lukewarm endorsement on Sunday from Richard Parsons, Citi's leading independent director.
's board of directors, and is currently lead independent director.
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Curious, then, that an independent director speaking on background refers questions about the formula to Chief Executive John Brennan , who is likely the biggest beneficiary of the payout.
The bank is also taking on Sergio Marchionne, the chief executive of Fiat who had been seen as a possible replacement for Chairman Marcel Ospel, as a senior independent director.
The move was made in order to maintain the minimum number of directors required by Avon, and Ross is expected to step down once the company finds a new, independent director.
He admits it's a conflict to be selling coal to a partnership he controls, but he has installed an independent director, oil-patch veteran David Carmichael, to approve the price and terms.
Since retiring from the banking giant in 2005, Eldon has served as the chairman of the Dubai International Financial Centre Authority, an independent director of Noble Group and senior advisor to PricewaterhouseCoopers.
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Mr Hayward, who resigned from BP in the wake of the 2010 Deepwater Horizon oil rig disaster, became a senior independent director of Glencore after the commodities group listed on the stock market in 2011.
The latest dispute started in March, when Harrah's attempted to nominate an independent director to the board of the separate publicly traded company, JCC Holding, that owns the casino as a result of the bankruptcy filings.
As they deliberated, Mr. Andreessen and Robert Ryan, the lead independent director, walked to Mr. Hurd's office to tell him the board planned to disclose Ms. Fisher's allegations and portions of the investigation, say people familiar with the proceedings.
But the board stipulated that a Miracle-Gro co-pilot must be present when Mr. Hagedorn ferries a colleague, an arrangement that lets him "stay true to his love of flying while also minimizing the risk to the company and its shareholders, " says lead independent director Carl F.
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While thanking Forsee on behalf of the company, IrvineHockadayIrvine Hockaday, lead independent director, said the decision to seek a new CEO was based on the belief it was the right time to put in place new leadership as the company tries to improve its performance and reach its goals.
They should appoint a lead independent director to balance the power of--or even serve as--the chairman, who these days too often happens to be the CEO. (That should not be allowed.) Finally, directors should be paid primarily with long-term grants of stock, rather than collect a check for showing up occasionally.
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