August 21, 2024 | Corporate Counsel
Delta Names New Legal Leader for Wayward On-Demand Travel BusinessWheels Up saw demand soar during the pandemic, as wealthy businesspeople flocked to private aviation and commercial carriers cut flights. But in the latest quarter revenue tumbled 41%.
By Chris O'Malley
3 minute read
August 19, 2024 | Corporate Counsel
KPMG Vice Chair Is Latest Winner in Game of GC Musical ChairsThe domino effects of Michelle Brody's retirement as IBM legal chief continue to unfold, leaving KPMG as the latest firm with a vacancy to fill.
By Chris O'Malley
2 minute read
August 15, 2024 | Corporate Counsel
$2.6M FTC Settlement With Auto Dealer Accused of Racial Bias Reveals Rift Among Commissioners"By seeking to ... transform the agency into a general civil rights regulator, the commission risks further politicizing the agency's mission," GOP Commissioner Melissa Holyoak wrote.
By Chris O'Malley
5 minute read
August 14, 2024 | Corporate Counsel
More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.
By Chris O'Malley
6 minute read
August 13, 2024 | Corporate Counsel
Longtime Lawyer Lands Front Man Role in Hard Rock's Legal Dept.Frank Chesky continued to climb the ladder after joining Hard Rock in 2017 to help open the company's Atlantic City casino.
By Chris O'Malley
2 minute read
August 09, 2024 | Corporate Counsel
Fusion Unicorn Hires Legal Chief Once a Dealmaker for Ron PerelmanEdward Taibi spent nearly 17 years at Perelman's MacAndrews & Forbes Inc., leading more than 20 acquisitions and numerous divestitures.
By Chris O'Malley
3 minute read
August 09, 2024 | Corporate Counsel
Disclosure Flip-Flop by Nuclear Reactor Firm Powers Debate Over SEC Reporting ObligationsNuScale Power found itself having to explain why it stated that it did not believe it was under SEC investigation, even though it had been contacted by the agency seven months earlier and asked to provide a trove of information.
By Chris O'Malley | Greg Andrews
6 minute read
August 07, 2024 | Corporate Counsel
Exiting Kraft Heinz Legal Chief Lands at Estée Lauder, Fulfilling Wish for NYC PostRashida La Lande will help the 78-year-old cosmetics giant execute a restructuring plan aimed at rebuilding profits following a dismal 2023.
By Chris O'Malley
3 minute read
August 06, 2024 | Corporate Counsel
Hyper-Aggressive FTC Turns High Beam on Auto Industry's Sales CultureThe agency's latest target is vehicle-service-contract marketer CarShield, which agreed to pay $10 million to resolve allegations of deceptive sales practices.
By Chris O'Malley
5 minute read
August 02, 2024 | Corporate Counsel
Fast-Growing Madrigal Pharma Names Veteran Health Care Lawyer Legal ChiefThe Pennsylvania-based company promoted Shannon Kelley to her first general counsel post, just months after the successful launch of a drug to treat liver disease
By Chris O'Malley
3 minute read
