Tag: directors

Ultra Vires Acts

What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...

John G. Drosdick

What is 'John G. Drosdick' A former chairman, CEO and president of petroleum company Sunoco. Drosdick led Sunoco to acquire nearly 300...

Joint And Several Liability

DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...

Lakshmi Mittal

DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest...

Target Firm

What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. A...

C. Steven McMillan

DefinitionC. Steven McMillan is an American businessman. He served as Chief Executive Officer of the Sara Lee Corporation from 2000 to 2005. C. Steven...

E. Linn Draper Jr.

What is 'E. Linn Draper Jr.' A former chairman, CEO and president of Ohio-based public utility holding company American Electric Power Company....

Rafael Miranda Robredo

What is 'Rafael Miranda Robredo' A former CEO of Spanish electricity company Endesa. Born in Spain in 1949, Roberdo worked for Tudor...

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