Latest news with #boardofdirectors
Sky News
8 hours ago
- Business
- Sky News
Chief executive of Astronomer Andy Byron resigns after Coldplay concert video
The chief executive of tech firm Astronomer has resigned after a video appearing to show two of its senior members of staff embracing at a Coldplay concert went viral. The tech firm said chief executive Andy Byron had tendered his resignation, and that the board of directors had accepted. "As stated previously, Astronomer is committed to the values and culture that have guided us since our founding," the company said in a statement. "Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met. "The board will begin a search for our next chief executive as co-founder and chief product officer Pete DeJoy continues to serve as interim CEO."
Forbes
20 hours ago
- Entertainment
- Forbes
Hideaki Anno Joining Production I.G Is No Surprise If You Know Anime History
Hideaki Anno will join the board of directors at Production I.G this August. (Photo credit should ... More read TOSHIFUMI KITAMURA/AFP via Getty Images) In an interesting bit of news, Hideaki Anno will join the board of directors for Production I.G this August, but this also has some interesting history behind it. Firstly, there are recent anime productions like FLCL. That was co-produced by Gainax and Production I.G. Moreover, FLCL's director was Kazuya Tsurumaki, who co-wrote the recent Gundam GQuuuuuuX alongside Anno. Secondly, Production I.G was a spin-off from Tatsunoko Productions, specifically around the time of Zillion, which is a fun mecha anime from 1987 that's definitely worth a watch. Tatsunoko Production also co-produced the original Macross TV series and movie Do You Remember Love?, both of which Anno worked on the animation. In short, Anno goes a long way back with Production I.G, before it was even founded, so his addition to the company's board of directors makes a lot of sense. Some have also incorrectly assumed that since Gainax went bankrupt last year, Anno is moving into Production I.G to snap up more anime rights. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder This is very unlikely, as Khara got a good chunk of the anime rights from Gainax, with Trigger nabbing some of the others. So both companies clearly got what they wanted, and there doesn't appear to be any animosity over rights. As for what Anno's presence will bring to Production I.G, most likely it will be more projects and other similar anime-related work. Production I.G is a great studio, so I only see this addition of Anno to the company's board of directors as something massively positive for all concerned. So, it will also be interesting to see what new anime production comes out of this new appointment. Follow me on X, Facebook and YouTube. I also manage Mecha Damashii and am currently featured in the Giant Robots exhibition currently touring Japan.
Wall Street Journal
a day ago
- Business
- Wall Street Journal
Hoffmann Family of Companies Proposes Recapitalization for Lee Enterprises
Hoffmann Family of Companies sent a letter to Lee Enterprises' board of directors expressing interest in supporting a recapitalization valuing the newspaper operator at $462 million. Hoffmann said on Friday that it proposed a $25 million investment in newly issued common equity at $2 a share, alongside a $25 million backstopped rights offering to existing shareholders at the same price. That structure implies a valuation of $462 million based on Lee's current debt and outstanding shares, the family-owned private-equity firm said.
Associated Press
3 days ago
- Business
- Associated Press
TDG Gold Corp. Grants Stock Options
WHITE ROCK, BC / ACCESS Newswire / July 17, 2025 / TDG Gold Corp. (TSXV:TDG)(OTCQX:TDGGF) (the 'Company' or 'TDG') reports that the board of directors of TDG approved the grant of a total of 8,630,000 incentive stock options of the capital stock of the Company to directors, officers, employees and consultants, exercisable for up to a five-year period at an exercise price of $0.60, to vest as to 25% immediately upon grant and 25% each year thereafter, pursuant to the Company's shareholder approved stock option plan. The grant of 8,630,000 incentive stock options of the capital stock of the Company is in line with the Company's annual issuance under its long term incentive plan. ON BEHALF OF THE BOARD Fletcher Morgan Chief Executive Officer For further information contact: TDG Gold Corp. Telephone: +1.604.536.2711 Email: [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: TDG Gold Corp. press release
Yahoo
4 days ago
- Automotive
- Yahoo
Lex Autolease reports loss amid market challenges
Lex Autolease, the car leasing company owned by Lloyds Bank, has reported a pre-tax loss of £10.6m ($14.2m) for 2024, marking a significant downturn from its previous profits. Headquartered in London, the business had posted pre-tax profits of £124.4m in 2023 and £544.2m in 2022. Despite the loss, Lex Autolease's revenue increased from £2.2bn in 2023 to £2.4bn in 2024. The board attributed the loss to increased depreciation charges on the growing fleet, reduced profits from vehicle disposals due to second-hand market conditions, and higher interest expenses amid rising interest rates. The company holds net assets of £182.1m as of 31 December 2024, down from £190m in 2023. Property, plant, and equipment increased to £5.73bn from £5.44bn, reflecting changes in fleet composition and vehicle costs. Lex Autolease's funding from within the Lloyds Bank Group resulted in borrowed funds of £5.84bn at the end of last year, up from £5.41bn in 2023. The directors noted that new business volumes decreased by 6%, influenced by high prices, residual value risk management, and economic pressures. The value of funded vehicles grew by 6% in 2024, driven by rising costs of new vehicles and a shift in consumer interest towards electric and hybrid vehicles. Lex Autolease maintained a 17% market share in deliveries for 2024. The company also scrapped its dividend to Lloyds Bank, having paid £439m in 2023 and £708m in 2022. Lex Autolease expects muted growth in new car and light commercial vehicle registrations this year due to the Zero Emission Vehicle mandate. Used car prices stabilised in 2024, particularly in the latter half, with expectations of continued stability into 2025. However, the rising supply of used battery-electric vehicles may exert downward pressure on this market segment, the group said, adding that while used vehicle prices stabilised, some volatility is anticipated as the industry transitions to electric vehicles. Earlier this year, Lex Autolease formed a partnership with motoring app Caura to allow its personal contract hire customers to manage all aspects of their vehicle needs. "Lex Autolease reports loss amid market challenges" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
