Corporate Governance

New York – September 20, 2026 -- Isla Porter LLC's Board of Managers has appointed co-founder and Chief Creative Officer Emily Arthur as Chief Executive Officer, effective August 18, 2026.

Arthur takes CEO title while retaining creative leadership role

Arthur will continue as Chief Creative Officer while assuming CEO duties, consolidating oversight of the custom cabinetry company's product design, manufacturing operations and business strategy under one executive.

Board cites Arthur's cross-functional command of sales, design and manufacturing

Independent board member Nancy Tsuei said the appointment recognizes what Arthur built the company around: making customizable cabinetry directly accessible to homeowners and designers without traditional industry friction. Tsuei said Arthur's grasp of sales, design, manufacturing and customer demand made her the clear choice to lead the company forward.

Southborough, Mass. – September 20, 2026 -- Virtusa Corporation has appointed Srinivas BG as Chairman of its Board of Directors, effective September 20, 2026, succeeding Raj Mehta.

Virtusa taps 40-year industry veteran to lead board through AI-driven transformation

Srinivas BG brings more than 40 years of global leadership experience across the Information Technology, Telecommunications, Financial Services, and Manufacturing sectors. He previously held senior leadership roles at PCCW, Infosys, and ABB, where he managed multi-billion dollar business units, led large-scale acquisition integrations, and oversaw digital transformation programs.

Plymouth, Mich. – September 20, 2026 -- Adient (NYSE: ADNT) will appoint board member Peter Carlin as executive vice president and chief financial officer effective Nov. 16, 2026, succeeding Mark Oswald, who departs the same day.

Carlin exits the board to join management on Oct. 1, 2026

Carlin will step down from Adient's board of directors on Oct. 1, 2026, and join the automotive seating maker as vice president, finance, ahead of his CFO promotion six weeks later. He has served on Adient's board since 2018.

Board shrinks to seven directors following Carlin's resignation

Adient's board has voted to reduce its size to seven directors, effective on the date of Carlin's resignation from the board, Oct. 1, 2026.

Hellerup, Denmark – September 20, 2026 -- TORM plc has raised its share capital by 132,421 Class A shares following the exercise of Restricted Share Units under the tanker operator's employee incentive program, a nominal increase of USD 1,324.21.

TORM prices new shares across three tranches tied to historic RSU grants

Of the newly issued stock, 12,406 Class A shares were subscribed at DKK 111.60 per share, 12,405 shares at DKK 124.20, and the remaining 107,610 shares at DKK 179.80, reflecting the varying strike prices set when the underlying RSUs were originally granted. The capital increase carries no pre-emption rights for existing shareholders.

Lincoln, Neb. – September 19, 2026 -- Nelnet, Inc. (NYSE: NNI) has appointed Angie Klein and Ed Pallesen to its board of directors, expanding the panel to 10 members.

Apple executive Klein joins after nearly 25 years at Verizon

Klein currently serves as head of U.S. consumer channels for Apple, overseeing sales and distribution partnerships with retailers including Best Buy, Amazon, Walmart, Target and Costco. She spent nearly 25 years at Verizon, holding roles as chief content officer, senior vice president of growth marketing, and inaugural president of Verizon Value, where she led a multi-brand prepaid portfolio serving millions of customers. Klein will sit on Nelnet's Nominating and Corporate Governance, People Development and Compensation, and Compliance committees.

San Francisco – September 19, 2026 -- Dolby Laboratories, Inc. (NYSE: DLB) has granted incoming President and Chief Executive Officer Marc Whitten inducement equity awards worth approximately $10 million in time-based restricted stock, plus a performance package that vests only if Dolby's share price climbs as high as $175.

Dolby ties CEO pay to five escalating stock-price hurdles

The compensation package, disclosed under Dolby's newly adopted 2026 Inducement Stock Plan, splits into two components. The first is a time-based award of 160,256 restricted stock units, valued at roughly $10 million using the average closing price of Dolby's Class A shares over the 30 trading days preceding the grant date. Those units vest semi-annually over two years, contingent on Whitten remaining employed at Dolby through each vesting date.

Redmond, Wash. – September 19, 2026 -- Microsoft Corp.'s board of directors declared a quarterly dividend of $0.98 per share, an 8% increase of 7 cents over the prior quarter's payout.

Dividend rises to $0.98 per share with December payment date

The dividend is payable Dec. 10, 2026, to shareholders of record as of Nov. 19, 2026. The company also set the ex-dividend date as Nov. 19, 2026.

Annual shareholders meeting scheduled for Dec. 8, 2026

Microsoft confirmed its 2026 Annual Shareholders Meeting will take place virtually on Dec. 8, 2026. Shareholders of record as of the close of business on Sept. 30, 2026 will be entitled to vote their shares at the meeting.

San Francisco – September 19, 2026 -- Gap Inc. (NYSE: GAP) has appointed Kirsten Green, founder and managing partner of venture capital firm Forerunner, to its Board of Directors, effective immediately.

Green brings a two-decade track record backing consumer-facing disruptors

Since founding Forerunner in 2012, Green has partnered with more than 100 companies from seed stage through scale, including OURA, Chime, Hims & Hers, Faire, Wispr Flow, Suno, Warby Parker, Dollar Shave Club, and Town. Under her leadership, Forerunner has raised nearly $3 billion from institutional investors.

Changzhou – September 19, 2026 -- STAK Inc. (Nasdaq: STAK) will convene a Class A ordinary shareholders meeting followed immediately by an extraordinary general meeting (EGM) on September 19, 2026, at 10:00 a.m. Beijing/Hong Kong Time, the oilfield equipment manufacturer announced.

Both meetings will be held at STAK's Changzhou executive office

The gatherings are scheduled at Building 11, 8th Floor, No. 6 Beitanghe East Road, Tianning District, Changzhou, Jiangsu, China 213000. The Class A Meeting will take place first, with the EGM following at the same location.

Voting rights are tied to a September 19, 2026 record date

Holders of Class A ordinary shares of par value USD0.001 each as of the close of business on September 19, 2026 are entitled to notice of and voting rights at the Class A Meeting. All registered shareholders of record on that date qualify to attend and vote at the EGM.

Denver – – September 18, 2026 -- WellBiz Brands, Inc., franchisor of five beauty and wellness brands, has appointed Benjamin Marmor as chief financial officer effective Aug. 10, bringing more than 25 years of finance and strategy leadership to the multi-brand franchise platform.

Marmor previously oversaw an $840 million restaurant portfolio

Marmor most recently served as chief financial and strategy officer at Diversified Restaurant Group, the largest Taco Bell franchisee by revenue, where he led finance, accounting and strategy across 370 restaurants generating $840 million in revenue.