A surge in compensation for Independent Directors, with 151 joining the crore club
In FY23, India's 10 highest-paid independent Directors, four of them women, earned anywhere between Rs 3.21 crore and Rs 6.74 crore, while the number of Independent Directors earning more than Rs 1 crore increased from 67 in FY18 to 151 in FY23.
Spencer Stuart’s New Analysis Finds That Fortune 500 CFOs’ Tenures Are Shrinking
The average time a Fortune 500 CFO stays in the position is decreasing, according to a recent analysis by Spencer Stuart.
Us Regulators Consider AI A Potential Risk To The Financial System
The U.S. financial system faces potential new risks if the rapid adoption of artificial intelligence (AI) is not properly overseen, according to a panel of regulators.
Stephanie Lilak appointed as EVP & CPO at Mondelēz International
Stephanie Lilak has been appointed as executive vice president and chief people officer of the global snack company Mondelēz International, with effect from January 15, 2024.
The Disney Board Responds to Unsolicited Nominations, Defending Already “Highly Qualified”
Disney has officially responded to activist shareholder Trian Fund Management's attempt to nominate its co-founder, Nelson Peltz, and former Disney CFO, James Rasulo, to the company's Board of Directors.
Vivek Anand Appointed as CFO of Hero MotoCorp Limited
The Board of Directors of Hero MotoCorp Limited, the world’s largest manufacturer of motorcycles and scooters, has approved the appointment of Vivek Anand as the Chief Financial Officer (CFO) with effect from March 1, 2024.
Guidelines for brand extension of restricted categories strengthened by ASCI
In view of mega-budget celebrity campaigns during high-profile sporting events in India, ASCI felt it necessary to strengthen its brand extension guidelines.
CCO Rajesh Vasudevan Resigns from Mahindra & Mahindra Financial Services
Rajesh Vasudevan has resigned from the post of Chief Compliance Officer (CCO) and Senior Managerial Personnel (SMP) of Mahindra & Mahindra Financial Services Limited, with effect from January 13, 2024.
Renu Kohli Appointed as Non-Executive Independent Director of CSB Bank
The Board of Directors of CSB Bank Limited has approved the appointment of Renu Kohli as an Additional Director (non-executive and independent) for a period of five years, with effect from December 14, 2023.
In the dark-fibre case, SAT rejects the Rs 7 crore fine imposed by SEBI on NSE
The National Stock Exchange (NSE) has been fined Rs 7 crore by the Securities and Exchange Board of India (SEBI) in the dark-fibre case, but the Securities Appellate Tribunal (SAT) has quashed the fine.
