The CII board of directors this week appointed 14 member representatives to the U.S. Asset Owners Advisory Council for 2024-2025.

The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the Federal Housing Finance Agency May 6 proposed rules intended to prohibit bank executives from receiving incentive-based compensation that encourages inappropriate risks by providing excessive amounts.

Republican members of the House of Representatives voted, with minimal support from Democrats, to support a joint resolution under the Congressional Review Act (CRA) that would nullify a 2022 SEC staff accounting bulletin.

Three of the seven dissident candidates Ancora nominated for election to Norfolk Southern’s board were elected at the company’s May 9 annual meeting. But the activist investor failed to oust incumbent Alan Shaw, the CEO since 2022.

Providing a sharp contrast to most corporate annual meetings that are now conducted strictly online, Berkshire Hathway’s May 4 meeting took place in-person in Omaha and included a five-hour question-and-answer session with Chairman and CEO Warren Buffet and two vice chairmen, Greg Abel and Ajit Jain.