Canada tapped an outsider on Thursday to head its central bank, bringing in the well-respected head of the Canadian export credit agency, who immediately stressed the need to nurture a choppy economic recovery.
Incoming Bank of Canada Governor Stephen Poloz, 57, worked at the central bank for 14 years earlier in his career. But he has spent the last 14 years at Export Development Canada.
Urban Outfitters' choice for its first female board member is raising some eyebrows. Margaret Hayne, wife of CEO Richard Hayne, is joining the hipster brand's board, reports Gretchen Morgenson at The New York Times.
When Steve Jobs gives you a Porsche at age 23, you know you're destined for a great life. So it is with Craig Elliott, cofounder and CEO of Pertino, a new Valley startup getting ready to emerge from stealth mode. The story begins in 1984, when Elliott, now 52, was living in Iowa taking a year off college.
As the head of client development—and one of the very few women in a managing role—at Smith Barney Morgan Stanley, I had a lucrative career in finance, and 25 years of experience under my belt. But, in my mid-50s, I was ready for something different.
The latest report from ION, the professional women network, singled out Massachusetts, for having "the highest percentage of women directors." ION's report found that 20.6% of the directors of the Fortune 500 companies based in that state are women. By contrast, according to ION's report, only 10% of the directors at Fortune 500 companies in Texas are women. Still, people wishing to celebrate Massachusetts' commitment to board diversity might not want to make a toast over a few bottles of Sam Adams beer.
Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.By Cees Bruggemans, Chief Economist of FNB.One only may want to say it cautiously, but have the confidence crises been overdone? Too much false alarm? Markets overreacting in their selloffs (equities) or safety rushes (US Treasuries, Swiss Francs, gold)?
Last week, Calstrs, the California State Teachers' Retirement System, (@CalSTRS) a major U.S. pension fund, said that Facebook Inc. should diversify the makeup of its all-male board and separate the chairman position from chief executive officer role. Although Facebook has received a lot of positive attention for its inclusion of a woman, Sheryl Sandberg as its Chief Operating Officer, the company has not appointed a single female candidate to its board, a characteristic that makes it a lot like other major U.S.