Three days after an activist investor group filed a presentation with the Securities and Exchange Commission (SEC) urging the election of new board members and claiming poor performance, The Children's Place Inc. has its own investor presentation with the SEC.
Ulta Beauty has named Michelle Collins, president of Cambium LLC, a business and financial advisory firm to its board of directors, and as a member of its nominating and corporate governance and audit committees.
Vanessa Wittman, senior VP and CFO of Motorola Mobility, a subsidiary of Google, has been appointed the Ulta Beauty board of directors and as a member of its audit committee, effective June 5, 2014, following her election at the company’s annual shareholder meeting. Wittman joins the Ulta Beauty board with more than 25 years of experience in finance and technology.
Best Buy Co. announced that founder Richard Schulze would step down as chairman after an independent board investigation found that he had failed to report allegations of personal misconduct by former CEO Brian Dunn to the board's audit committee.