Commentary The boards of directors of public and private companies are charged with a duty of fiduciary responsibility under the laws governing them in the United States. This is a role not to be taken lightly. Often, a decision comes before a board that will adversely impact the personal finances of a board member if the decision…
The Fiduciary Responsibilities of Boards of Directors in Terribly Run Cities
April 11, 2023
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Twitter Board of Directors Disassembled, Elon Mask Takes the Helm
The 9-member Board of Directors of Twitter Inc. was dismantled on Oct. 27, a new filing shows. Elon Musk now is the sole director of the social media platform. “On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter. In accordance with the…
Twitter Board of Directors Disassembled, Elon Musk Takes the Helm
The 9-member Board of Directors of Twitter Inc. was dismantled on Oct. 27, a new filing shows. Elon Musk now is the sole director of the social media platform. “On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter. In accordance with the…
Elon Musk to Join Twitter Board of Directors
April 5, 2022
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Board of DirectorsBusiness & EconomyCompanieseconomyElon MuskMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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Elon Musk, who recently became the single biggest shareholder of Twitter, will be joining the social media company’s board of directors, according to Twitter CEO Parag Agrawal and a regulatory filing. “I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that…
Rogers Share Price Dips as Family Dispute Deepens Over Board Control
The Rogers family dispute over control of one of Canada’s telecom giants already saw the company’s shares dip this week, as the rift between former chairman Edward Rogers and his mother and sisters descended into legal action. At the heart of the dispute is a disagreement over who has legitimate control of the company’s board. The Rogers…
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