Synnex Corporation is directed by Chief Executive Officer Kevin Murai as of early March 2008. The Chairman of the board, Dwight Steffensen has served as a member of the board since February 2002. The board of directors for Synnex Corporation consists of ten board members. Of the ten board members one of which is a female and the remaining nine are males. The most recent Annual Report which documents the 2015 year stated that the company’s net profit totaled $208.5 million. The market capitalization The market capitalization for Synnex as dated on September 28, 2016 is $4,539,150,000 billion. This market capitalization figure is derived because Synnex Corporation has a volume of 39,300,000 million shares and each share is priced at $115.50.
Synnex corp’s last annual shareholder meeting was held on March 24, 2015 at their headquarters located in Fremont, CA, United States. The votes of the shareholders would only be counted if they showed up in person to the meeting or submitted an enclosed, signed and dated proxy card to the company headquarters.
Synnex has an entire page dedicated on their website to show their governance policies clearly. The roles of the board of directors and management are described in detail the benefit shareholders and customers by providing this information because it shows how duties are delegated.
Synnex’s aligns itself with the guiding principles of visibility, velocity and value to always achieve maximum benefit for its customers, employees
On February, 2015, Sillerman announced a proposal to buy out SFX 's public stock at $4.75 per-share to take the company private, and support exploring a potential sale. By August 2015, the value of SFX stock had decreased considerably, going as low as 91 cents per-share. On August 14, 2015, the company
Macy’s, Inc. common stock trades on the New York Stock Exchange. Their company’s trading symbol is “M” (Quote, 2014). As of February 1, 2014 Macy’s, Inc. had approximately 19,000 shareholders and approximately 364.9 million shares of common stock outstanding. Macy’s authorized shares consisted of 125 million shares of preferred stock and 1,000 million shares of common stock. Since 2011 Macy’s have retired a total of 84.4 million shares of common stock. On May 15, 2013, Macy’s board of directors approved an additional purchase of common stock in the amount of $1,500 million. Also Macy’s purchased approximately 33.6 million shares of common stock under its share repurchase program for a total of $1,570 million. As of February 1, 2014, $1,432 million of authorization remained and not sold (SEC Filing,
We are committed as a company to providing maximum value to our customers, shareholders, and employees. We will accomplish this goal by adhering to the core values of responsible financial management, clear and honest communication, and always keeping performance and customer service in the forefront (Tanglewood Casebook).”
* The roles and responsibilities of the board of directors in corporate governance and the way the board affects a company’s operation.
14. A firm's cash dividends were $3.96 per share of common stock for calendar 2006. In 2007 the stock was split 3 for 1, and in 2008 a 10% stock dividend was issued. Dividends per share for 2006, to be reported in the firm's annual report for 2008, are:
One of the ways for the company to maintain its top position was to occupy the niches in the game industry. For this, the organization needs to focus on its core capabilities and capitalize on them. So far the company had achieved success in the area of digital content company. The company needed to grow its business through the integration of wired and wireless networks to become a global online development and publishing company. Since its inception, NCsoft was differentiated in the perception of its games. They focused on, to make the lives of the customers more joyful and make them a part of their entertainment culture. The company needs to introduce new games into the market to further increase its market share. It is known
The corporation is owned by its stockholders, these stockholders elect a board of directors that oversee the activities of the company. The board of directors appoints officers like a president, vice-president, controller, and treasurer. The
The primary responsibility of directors is to oversee the management of the Company and, in so doing, to exercise their business judgment to act in what they reasonably believe to be the best interests of the Company and its shareholders. In discharging their duty of oversight, directors should give careful attention to the selection of the Chairman and the Chief Executive Officer and should monitor their performance and that of the Company. The Board should
The Board of Directors currently hosts 13 members, of which, four are women and two are minorities. There are six distinct committees of the board consisting of (a) audit, (b) compensation and benefits, (c) finance, (d) nominating and corporate governance, (e) public policy, and (f) science and technology. The committees receive recommendations and guidance from 22 corporate officers and 19 company group chairmen. The 2005 Annual Report also details the accomplishments of the members of the Board of Directors. There is a vast wealth of experience and knowledge within the Board of Directors including:
Since 2007, common stock throughout the company has been traded on the NASDAQ Global Select Market. In March of 2016, the high sale price was at $38.48, comparing to June2016 high being a $38.06 a small decrease. The sale price then increased in December to $40.55. Currently there are 135 holders of common
Common stock amounting to $35 in “net proceeds” ($120 - $85) was issued in 2013
TI is aware that its customers depend on the company to assist them innovate and get to market first. The company, therefore, drive toward
4) The highest stock price was $68.19 per share on December 23, 2015. The lowest stock price was $51.48 per share on June 27, 2016. This information was gathered from Yahoo Finance.
An organization’s competitive position is determined by how well its board of directors are able to discharge their duties and responsibilities. The organization should consist of leaders who are able to direct their company forward with the effective accountability and corporate social responsibility (ST Engineering, n.d). Similarly, at Singapore Technologies (ST) the board of the company is accountable to the shareholders for the overall company’s performance. They are to ensure that there is a transparency in the system and good governance is not only practised at the Board level but also throughout the organization. ST organization comprises 14 Directors, and 1 alternate director (Corporate Governance, 2014). The mission of the board provides leadership and guidance to the management of individual sector of ST. All sectors within the company are guided by the corporate governance framework developed by ST itself. The organization strongly believes that good corporate governance is not only the responsibility of the board, but also the management and every level of the company (Corporate Governance, 2014). Singapore Technologies use the top down approach to ensure an affective and a systematic organization. The board of director and the management of ST work hand in hand to formulate business strategies, directions, acquisitions, divestments and risk policy. The decision-making process is critical to the success of the company, thus, the engagement of its leaders and management to facilitate the board’s decision-making process is done through meetings and conferences (Corporate Governance, 2014). Furthermore, ST Aerospace the arm of ST Engineering is committed with a culture to provide customer satisfaction and works single-mindedly to meet their customer’s requirements and deliver value beyond