Tag: directors
Kenneth I. Chenault
DefinitionKenneth Irvine Chenault is an American business executive. He was the CEO and Chairman of American Express from 2001 until 2018. He is the...
Mandatory Convertible
What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....
Majority Shareholder
What is a 'Majority Shareholder'
A majority shareholder is a person or entity that owns more than 50% of a company's outstanding shares. The majority...
Canadian Deposit Insurance Corporation (CDIC)
What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...
Cancel Former Order (CFO)
What is 'Cancel Former Order - CFO' An order from an investor to a broker, to cancel a previously placed order that...
Fairness Opinion
DefinitionA fairness opinion is a professional evaluation by an investment bank or other third party as to whether the terms of a merger, acquisition,...
FactSet
DefinitionFactSet Research Systems Inc., trading as FactSet, is a financial data and software company headquartered in Norwalk, CT, United States. The company provides financial...
Waiver Of Notice
When to Use a Waiver of Notice
When does a meeting require formal notice? Normally, anyone with an interest must be formally notified, either in...
Dead Hand Provision
What is 'Dead Hand Provision' A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against...
Daniel P. Amos
DefinitionDaniel Paul "Dan" Amos is an American business executive. He serves as the chairman and chief executive officer of Aflac and Aflac Incorporated. Daniel...