When you think of mayonnaise, do you normally think of drama and corporate intrigue? That’s been the history of plant-based food company Hampton Creek, a company whose first product was the eggless Just Mayo. After issues with Unilever and the Food and Drug Administration over the definition of the word “mayo,” the company’s entire board has quit, reportedly over disagreements with the CEO. [More]
corporate governance
New Rule Makes It Easier For Shareholders To Usurp Board Members
By 8.26.10
As of yesterday’s 3-2 SEC ruling, the little guy just got a little more power in the boardroom. When shareholders want to nominate people to the board, the company now has to include those names on the regular ballots passed out to everyone before the annual meeting, even if the company doesn’t like them. [More]
