The Paul Singer-led fund says the energy giant’s current team is incapable of pursuing the breakup it needs.

The agency in a split decision approves a controversial proposal requiring larger companies listed on the exchange to install at least two director candidates enhancing board diversity — or explain why they have not done so.

Barring an enormous offer, the owner of retailer Journeys won’t consider divesting its smaller brands now that it has defeated the activist, says an analyst.

The parent of retailer Journeys says its nine incumbent directors were reelected, defeating the Chris Kiper-led activist fund’s efforts to install dissident directors that likely would have pushed the company to divest smaller assets.

Recently named chair of the advisory firm, Ursula Burns has experienced first hand what it is like to be targeted by an insurgent, first at Xerox and more recently at Exxon Mobil.

Personnel news from firms at the center of the deal economy in Europe.

Successful nonprofits need to be constantly looking for new funding opportunities. In recent years, venture philanthropy, a high engagement form of investing in nonprofits, has been on the rise.

Experts have rated venture philanthropy as the “fifth most promising trend” globally (45%). Venture philanthropy “ranks the highest in the United States (53%), where it comes in second.”

The co-founder of the Colombia-based oil and gas exploration company wants to see a strategic review and board shake-up emerge, or he may urge investors to vote against some directors.