Sky Deutschland replaces Murdoch with Darroch as head of board

Sky Deutschland has appointed Sky CEO Jeremy Darroch as the new chairman of its supervisory board, replacing James Murdoch who stepped down from the role at the firm’s AGM yesterday. Murdoch, who retains a seat on the Sky Deutschland board, gave up the post amid mounting pressure about his position on the board of Sky […]

Hastings keeps Netflix CEO and Chairman roles after shareholder vote

Netflix CEO and chairman Reed Hastings has kept hold of both roles, after shareholders at its annual general meeting reportedly rejected a motion that would have separated the two positions. According to a Wall Street Journal report, 53% of shareholders voted against the resolution to create an independent chairman, with a spokesman telling the paper […]

Ericsson ‘must transform to stay relevant’

Ericsson CEO Hans Vestberg told shareholders that he intended to deliver strong earnings and value by driving transformation within the company, at the firm’s annual general meeting on Friday.  Outlining strategic priorities, around the idea of the ‘networked society,’ Vestberg said: “Industries and companies are using broadband on an industrial scale to improve processes. People […]

Belgacom lines up two new directors

Belgian telco Belgacom is set to appoint two female independent directors at its annual general meeting next month. The board has proposed that Belgacom appoint former Vivendi Publishing chairman and CEO Agnès Touraine, who is currently working as chief executive of management consulting firm Act III Consultants. The second proposed director is Catherine Vandenborre, the […]