The current troubles at McDonald’s Corp. — involving allegations that former CEO Steve Easterbrook had improper relationships with several employees, and that he and the HR department engaged in a mutual cover-up of improprieties — have again revealed how corporate boards are often overwhelmed by charismatic and strong-willed CEOs.… Continue Reading
The market for directors and officers liability insurance has been out of kilter since the start of the year, with more demand than supply. Now, the D&O market is nearly frozen, and companies are scrambling to adequately insure those serving on their boards or as part of management.… Continue Reading
SpaceX CEO Elon Musk last month sued the U.S. Air Force after it awarded a sole-source contract to a company called United Launch Alliance (ULA) for 36 rocket launches.
Musk thought his company, SpaceX, was more competitive and should have won.… Continue Reading