Tesla (TSLA) Hires Battery Expert to Help Guide Musk's Oversized Ambitions May 26, 2016 11:35AM

Tesla (Nasdaq: TSLA) is said to have hired Jeff Dahn, a professor at Dalhousie University in Nova Scotia and leading battery researcher, according to Quartz.

The report states that Dahn is charged by Tesla and CEO Elon Musk with doing "whatever it takes" to ramp up battery production in time for the launch of the Model 3 next year.

Dahn is also expected to give Musk a "fresh view" of Tesla's battery and car production expectations. Musk recently set a goal of producing... (continue reading...)


Depomed (DEPO) Issues Response to Starboard; Surprised About Public Solicitation Plans May 26, 2016 11:19AM

Depomed, Inc. (Nasdaq: DEPO) issued the following statement in response to Starboard Value LP’s (“Starboard”) latest press release.

Over four weeks ago, in response to Starboard’s first request for a record date to call a special meeting, Depomed amended its now terminated shareholder rights plan to lower the trigger to 9.9% to allow Starboard to call a special meeting. Furthermore, we expressly communicated to Starboard that, recognizing Starboard’s reported... (continue reading...)


Ionis Pharma (IONS): CARDIO-TTR Trial Uncertainty as GSK Stops Initiation - BMO May 26, 2016 09:37AM

BMO Capital Markets analyst, Do Kim, notes that Ionis Pharmaceuticals (NASDAQ: IONS) partner GSK will not initiate the CARDIO-TTR Phase III trial, following the FDA clinical hold related to patient safety monitoring in the study design. He believes that the study is probably delayed until the results of the NEUROTTR Phase III trial are available in 1H17, particularly for the subset of FAP patients with cardiac involvement.

The investigator-sponsored Phase II trial in... (continue reading...)


Nike (NKE) Appoints New VP, GM of Nike Footwear; Other Management Changes Announced May 26, 2016 09:27AM

NIKE, Inc. (NYSE: NKE) announced the following general management appointments to drive continued innovation and strong consumer connections globally.

“We are pleased to elevate a proven and strong bench of leaders across our organization to drive innovation, advance our brand and accelerate our integrated marketplace strategies,” said Trevor Edwards, President of the Nike Brand.

Nike names Phil McCartney VP, GM of Nike Footwear, effective June 1, 2016. McCartney has... (continue reading...)


Brown-Forman (BF-A) Adds Three New Directors May 26, 2016 09:14AM

Brown-Forman Corporation (NYSE: BF-A) (NYSE: BF-B) announced today that its Board of Directors has elected Campbell P. Brown, Marshall B. Farrer, and Laura L. Frazier to become directors of the company, effective today. All three are fifth generation descendants of George Garvin Brown, who founded Brown-Forman in 1870.

This election continues a multi-year evolution of Brown family representation on the board. As part of this process, Martin S. Brown Jr., Sandra A.... (continue reading...)


More Management Changes

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May 26, 2016 09:13AM Starboard Calls for Meeting to Replace Depomed's (DEPO) Board
May 26, 2016 09:05AM RPX Corporation (RPXC) Adds $50M to Stock Buyback Program; Enters Settlement with Mangrove Partners
May 26, 2016 08:34AM Wendy's (WEN) Names Todd Penegor CEO
May 26, 2016 08:04AM Qorvo (QRVO) Appoints New CFO
May 26, 2016 07:26AM Sears Holdings (SHLD) Will Explore Options for KCD, SHS Businesses; CFO Schriesheim to Resign
May 26, 2016 07:04AM Valeant Pharma (VRX) Taps Tyco International's Eldessouky as VP and Corp. Controller
May 26, 2016 06:18AM Stratasys (SSYS) Names New Chief Marketing Officer
May 25, 2016 05:02PM Rubicon Project (RUBI) CFO Tappin Resigns; Interim CFO Named
May 25, 2016 04:36PM Edison International (EIX) CEO Craver to Retire Sept. 30; Pizarro to Succeed
May 25, 2016 04:35PM Travelers (TRV) Names New Business Insurance President
May 25, 2016 04:34PM Bsquare's (BSQR) CFO Steps Down
May 25, 2016 02:53PM T2 Biosystems (TTOO) COO Kalil Resigns
May 25, 2016 02:34PM Baker Hughes (BHI) Announces Changes to Organizational Structure, Leadership Team
May 25, 2016 12:57PM W.R. Berkley (WRB) Names New CFO and VP
May 25, 2016 11:15AM AAON, Inc. (AAON) Declares $0.11 Semi-Annual Dividend; Board Approves $25M Stock Buyback
May 25, 2016 10:04AM Wellesley Bancorp (WEBK) Raises Quarterly Dividend 33.3% to $0.04; New CFO Appointed
May 25, 2016 09:16AM Aquinox Pharma (AQXP) Names New Business Development VP and Chief Commercial Officer
May 25, 2016 08:31AM Cynosure (CYNO) CFO, COO Baker to Retire
May 25, 2016 07:54AM Sapiens (SPNS) Announces 'Significant' North American Expansion
May 25, 2016 07:12AM Sanofi (SNY) Announces Filing of Consent Solicitation to Remove, Replace Medivation's (MDVN) Board
May 25, 2016 06:36AM ITC Holdings (ITC) Announces Fortis Acquisition-Related Management Changes
May 25, 2016 06:31AM Hormel Foods (HRL) CFO Feragen to Retire; Successor Named
May 25, 2016 06:22AM EVINE Live (EVLV) Tops Q1 EPS by 1c; Sees FY16 Sales Flat Y/Y
May 25, 2016 12:31AM Exclusive: Sanofi to unveil challenge to Medivation's board - sources
May 24, 2016 06:00PM Choice Hotels (CHH) Announces Planned Transition of CFO Position; Pacious Promoted to President/COO
May 24, 2016 04:31PM Gilead Sciences (GILD) Names Kevin Young CBE as COO
May 24, 2016 04:31PM Diversified Restaurant Holdings (SAUC) Promotes CFO Burke to CEO Role
May 24, 2016 04:02PM Dorman Products (DORM) Names Kevin M. Olsen as CFO
May 24, 2016 11:09AM Mechel OAO (MTL) CFO Slivchenko Resigns Following Completion of Contract
May 24, 2016 10:00AM Sumner Redstone appoints two new members to his trust
May 24, 2016 09:26AM ARIAD Pharma (ARIA) Taps Bristol-Myers Squibb's Herron as Chief Commercial Officer
May 24, 2016 08:37AM DeVry Education Group (DV) Names Lisa Wardell President and CEO
May 24, 2016 08:36AM IntercontinentalExchange Group (ICE) Appoints New CTO
May 24, 2016 08:33AM Rambus (RMBS) CFO Rishi to Retire
May 24, 2016 08:04AM iStar Financial (STAR) Taps STAG Industrial's Jervis as COO, CFO
May 24, 2016 07:33AM Adaptimmune Therapeutics (ADAP) Chairman Knowles to Step Down; Successor Named
May 24, 2016 07:11AM Coca Cola (KO) Announces New International Structure; Forms EMEA Group, Makes Leadership Changes
May 24, 2016 07:05AM Best Buy (BBY) CAO, CFO McCollam to Step Down; Successor Named
May 24, 2016 07:04AM Barington Capital Seeks to Elect Two Chicos FAS (CHS) Directors
May 24, 2016 06:46AM ConAgra Foods (CAG) Announces Retirement of CFO Gehring; FY16 EPS Outlook Reaffirmed
May 24, 2016 06:44AM Aeterna Zentaris (AEZS) Appoints New Independent Chairperson
May 24, 2016 06:15AM Fiat Chrysler Automobiles (FCAU) Names New Alfa Romeo and Maserati Brands CEO
May 23, 2016 05:02PM DuPont (DD), Dow Chemical (DOW) Announce Senior Leadership Appointments for Combined Company
May 23, 2016 04:32PM Waddell & Reed Financial (WDR) CEO Herrmann to Retire; Successor Named
May 23, 2016 04:31PM Waddell & Reed Financial's (WDR) CEO Henry J. Herrmann to Retire August 1st
May 23, 2016 04:08PM Dynatronics (DYNT) Marketing and Strategic Planning EVP to Resign
May 23, 2016 04:07PM KEYW Holding (KEYW) Announces CFO Transition
May 23, 2016 03:32PM Manchester United plc (MANU) Terminate Club Manager Louis van Gaal
May 23, 2016 02:38PM Harvest Capital Comments on Green Dot (GDOT) After Two Nominees Elected to Board
May 23, 2016 01:47PM Citizens Community Bancorp (CZWI) CEO Schaefer Resigns
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