The newspaper chain’s incumbent board members won re-election on Thursday, staving off an attempt by MediaNews Group to gain influence. Source: NYT > Business – MARC TRACY
Eric Schmidt to Leave Alphabet Board, Ending an Era That Defined Google
The former chief executive’s departure is part of broader shake up of Alphabet’s board, which is the target of a shareholder lawsuit. Source: NYT > Business – DAISUKE WAKABAYASHI
Tesla to Shrink Board of Directors by Four People
The move, which will reduce the number of directors to seven, is meant to improve corporate governance of the electric car company. Source: NYT > Business – NEAL E. BOUDETTE
These Funds Rode Small Companies to Big Returns
Three top-performing funds each racked up returns of more than 25 percent, helped by bets on small- and mid-cap growth stocks. Source: NYT > Business – TIM GRAY
Carlos Ghosn, Once Nissan’s Savior, Is Voted Off the Board
The Japanese automaker’s chief executive told the shareholders, “We have to admit that there was a significant problem with our corporate governance.” Source: NYT > Business – BEN DOOLEY
PG&E Reveals New C.E.O. and a Revamped Board of Directors
Bill Johnson, most recently the head of the Tennessee Valley Authority, will fill the chief executive position held by Geisha Williams, who left in January, just before PG&E filed for bankruptcy. Source: NYT > Business – IVAN PENN, PETER EAVIS and LAUREN HEPLER