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By Greg Andrews | March 21, 2024
Chief Legal Officer Ava Harter is leaving Whirlpool, and receiving $2.9 million in severance, in the wake of the company's decision to make her job a non-executive position.
5 minute read
By Maria Dinzeo | March 21, 2024
Cineworld's former leadership team agreed to depart in return for $35 million.
3 minute read
By Greg Andrews | March 21, 2024
Edward Nekritz, who is in the warehousing business, placed 11th on last year's list of highest-paid legal chiefs, surrounded by legal chiefs in far flashier fields such as tech, media and finance.
2 minute read
By Trudy Knockless | March 20, 2024
One challenge for legal departments is that it is hard to demonstrate the value of something not happening—a threatened lawsuit not being filed or a regulatory fine not being assessed.
3 minute read
By Maria Dinzeo | March 20, 2024
The IT giant has brought aboard Matt Fawcett, who has deep software industry experience and formerly was legal chief at both NetApp and JDS Uniphase.
2 minute read
By Trudy Knockless | March 20, 2024
"The person who is put into that role should be given the comp that the role dictates, not the comp that the person had in the paralegal role," said former Microsoft Assistant General Counsel Lucy Bassli, now a principal at InnoLaw Group.
5 minute read
By Trudy Knockless | March 19, 2024
"The mandatory discounting and the remodels are going to drastically cut into what's left of their profits to the point that they will not be able to stay in business," said Robert Zarco, who represents the North American Association of Subway Franchisees.
2 minute read
By Chris O'Malley | March 19, 2024
"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
4 minute read
By Maria Dinzeo | March 18, 2024
The industrial supply giant had to ante up a $3.3 million in cash and stock to offset what Nancy Berardinelli-Krantz forfeited when she resigned from the power management company Eaton.
2 minute read
By Trudy Knockless | March 18, 2024
Kathryn Ruemmler and other top executives benefited in 2022 from the granting of millions of dollars in so-called shareholder value-creation awards. But last year, as the company retreated from an unsuccessful push into providing consumer loans for the masses, it awarded no SVC grants.
2 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS