Corporate Governance

Sobi Nominates Ex-Ericsson CEO Börje Ekholm as Board Chair

STOCKHOLM – October 30, 2026 -- The Nomination Committee of Swedish Orphan Biovitrum AB (Sobi) proposes Börje Ekholm, who recently stepped down as CEO of Ericsson, as new Board member and Chair at the 2027 Annual General Meeting (AGM). He would succeed David Meek, who has told the committee he will not stand for re-election.

Meek stays on as Chair until May 2027

Meek has served on Sobi's Board and as Chair since December 2024 and will remain Chair for the rest of his term, which runs to May 2027. The committee credits his tenure with strong growth and shareholder return, wider patient access through new launches and indication extensions, and a stronger clinical development pipeline.

Vail Resorts Board Fights Oasis Slate Ahead of Dec. 14 Vote

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Vail Resorts Board Fights Oasis Slate Ahead of Dec. 14 Vote

BROOMFIELD, Colo. – October 30, 2026 -- Vail Resorts' board is urging shareholders to back all nine of its director nominees and reject four candidates put forward by Oasis Management, arguing the activist slate would put a 17-month turnaround at risk ahead of the Dec. 14, 2026 Annual Meeting of Stockholders.

The NYSE-listed operator (MTN) has filed its definitive proxy statement with the U.S. Securities and Exchange Commission. Holders of record as of Oct. 19, 2026 are entitled to vote. The board is asking for votes on the WHITE proxy card.

KLX Energy Adds Ex-Hi-Crush CEO Hallen, Investor Edmonds to Board

HOUSTON – October 30, 2026 -- KLX Energy Services Holdings (NASDAQ: KLXE) has appointed investor Franklin S. Edmonds, Jr. and former Hi-Crush CEO E. Dirk Hallen as independent directors, replacing John Collins and Tom McCaffrey, who resigned from the board.

Both new directors will sit on the Nominating and Governance Committee. Edmonds also joins the Audit Committee, and Hallen joins the Compensation Committee.

KLX pairs a capital-allocation specialist with an oilfield-services operator

CEO Chris Baker said Edmonds' background in investments, capital allocation and governance and Hallen's oilfield services, operational and strategic experience would bring "complementary perspectives" as KLX executes its strategy. Baker credited the departing directors with guiding the company through the Covid era and what he called a "transformational capital rebalancing."

Bandwidth Elects Ex-Silver Lake MD Chip Schroeder to Board

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Bandwidth Elects Ex-Silver Lake MD Chip Schroeder to Board

RALEIGH – – October 29, 2026 -- Bandwidth Inc. (NASDAQ: BAND) has elected Chip Schroeder, a former Silver Lake managing director, to its board of directors. The appointment, effective Oct. 28, 2026, expands the board to six members, four of whom are independent.

Schroeder spent more than a decade at Silver Lake advising portfolio leadership teams

Schroeder worked in Silver Lake's Menlo Park and New York offices and rose to managing director. He advised portfolio company leaders on strategic growth, capital allocation and long-term value creation.

His investment and board experience covers large technology and technology-enabled businesses in digital infrastructure, fintech, software and entertainment. At Silver Lake he sat on the boards of Blackhawk Network, Cast & Crew, Clubessential Holdings, Oak View Group and Shadowbox Studios, among others.

Better Home & Finance Shareholders Oust Five Directors for Garg

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Better Home & Finance Shareholders Oust Five Directors for Garg

New York – October 29, 2026 -- Shareholders of Better Home & Finance (NASDAQ: BETR) removed five of the company's eight directors, including Interim CEO Daniel Lewis, after holders of a majority of outstanding shares consented to founder Vishal Garg's solicitation, according to a commentary from proxy adviser Egan-Jones.

Better confirmed the majority consent on October 5, ending the board contest

The reconstituted board is now cut to five seats. The result does not by itself reinstate Garg as CEO. It gives the board access to his product and strategy expertise while the company settles its permanent leadership.

Egan-Jones recommended that shareholders consent FOR the solicitation in its September 15, 2026 research report. The two other leading proxy advisory firms sided with the incumbent board.

ELS Names Patrick Waite CEO as Nader Moves to Executive Vice Chair

CHICAGO – October 29, 2026 -- Equity LifeStyle Properties (NYSE: ELS) will hand the chief executive role to Patrick Waite on January 1, 2027, ending Marguerite Nader's 13-year tenure as CEO. Nader has been elected Executive Vice Chair of the Board of Directors.

Waite moves up from President and COO after 13 years at ELS

Waite has held senior leadership roles at ELS since 2013. He most recently served as President and Chief Operating Officer, after a decade as Executive Vice President and Chief Operating Officer. His earlier manufactured housing experience includes American Residential Communities, Riverside Communities and Continental Communities.

Chairman Thomas Heneghan said Waite's leadership across acquisitions and operations makes him well prepared for the CEO role. He added that continuity between predecessors and successors "has been central to our success."

Ad Council Adds 23 Board Members, Elevates Meta's Mendelsohn

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Ad Council Adds 23 Board Members, Elevates Meta's Mendelsohn

NEW YORK – October 29, 2026 -- The Ad Council elected 23 new members to its Board of Directors and elevated Nicola Mendelsohn, Head of Global Business Group at Meta, to Vice Chair.

Board adds executives from major agencies, platforms and brands

The nonprofit approved the new directors at its biannual Board meeting. The group spans agency holding companies, technology platforms, media owners, measurement firms and consumer brands. Names include Devika Bulchandani, Chief Operating Officer of WPP; Robin Callif of Omnicom Public Relations; Peter Naylor, Chief Client Officer of Nielsen; and Lin-Hua Wu, EVP and Chief Marketing and Communications Officer of General Motors.

Platform and ad-tech representation includes Liza Heller of TikTok, Adrian Mulryan of Snap Inc., Kristen O'Hara of Google, Tim Perzyk of Microsoft Advertising, Ashan Khan of Uber Advertising, Megan Ramm of PubMatic and Alex Underwood of Teads.

AOK Federal Association CEO Reimann Won't Seek Second Term

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AOK Federal Association CEO Reimann Won't Seek Second Term

Berlin – October 29, 2026 -- Carola Reimann, chair of the executive board of the AOK-Bundesverband, will leave the post when her contract ends, after six years in the role. She cited personal reasons and will not run again for the association's executive board.

Reimann's contract runs to the end of 2027

Reimann, 59, has led the board since January 2022. She will continue her duties unchanged until her contract expires. She described working for the AOK community and the federal association as one of the most rewarding assignments in the German healthcare system, and said the decision was not easy.

Early announcement is meant to allow a seamless handover

Reimann has already informed the responsible committees and the association's staff. According to the association, the early notice allows prompt succession planning and a seamless transition.

ManpowerGroup Adds Ex-Pfizer Tech Chief Fonseca to Board

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ManpowerGroup Adds Ex-Pfizer Tech Chief Fonseca to Board

MILWAUKEE – October 29, 2026 -- ManpowerGroup (NYSE: MAN) has elected Lidia Fonseca, Pfizer's former Executive Vice President and Chief Digital and Technology Officer, to its Board of Directors, effective November 1, 2026.

Fonseca built Pfizer's enterprise AI program from inception

Fonseca served as Pfizer's Chief Digital and Technology Officer from January 2019 to April 2026. She led the company's enterprise AI, digital, data and technology strategy, as well as Learning & Development and Business Process Excellence. She scaled the AI program across the enterprise, contributing to significant growth and cost savings.

She now serves as Senior Advisor to Pfizer's Chief Executive Officer and sits on the Board of Directors of Medtronic plc.

MGM Resorts Caps Diller-Backed People Stake at 29.9% in Voting Deal

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MGM Resorts Caps Diller-Backed People Stake at 29.9% in Voting Deal

LAS VEGAS – October 29, 2026 -- MGM Resorts International has amended its Voting Agreement with People Incorporated, capping the investor group's ownership at 29.9% of outstanding shares and binding it to the Board's recommendation on any change of control transaction.

The amendment follows People's withdrawal of its previously announced proposal to acquire MGM Resorts.

People, Diller and associates must vote with the Board on a change of control

People, Barry Diller and certain associated persons, defined as the Covered Entities, have agreed to vote all their MGM Resorts shares in line with the Board's recommendation in connection with a change of control transaction. The commitment is subject to certain conditions.

The Covered Entities also agreed not to buy additional shares if that would lift their aggregate ownership above 29.9% of the Company's outstanding shares.