Braemar Hotels & Resorts Inc. has reached an agreement with Blackwells Capital LLC, resolving a shareholder dispute. As part of the agreement, Blackwells will withdraw its director nomination and cease soliciting proxies. Braemar will appoint a new independent director to its board, considering Blackwells’ input. Both parties have agreed to release all legal claims and dismiss their respective actions.
During its Annual General Meeting, the Tourism Industry Association of Canada (TIAC) welcomed Victoria Clarke, CEO of Tourism Mississauga, to its Board of Directors. Nina Kressler, Chair of the Board, expressed her excitement about Clarke’s appointment, highlighting her valuable insights from the destination perspective. TIAC also re-elected Nina Kressler as Chair of the Board, while Teresa Ryder and Jean-Francois Côté were chosen as co-Vice Chairs. The Board expressed its gratitude to outgoing co-Vice Chair Michelle Caine for her contributions and welcomed her continued involvement as a director.
International Paper (IP) has announced the election of Jamie Beggs and Scott Tozier to its board of directors. The company also announced the retirement of Ilene Lang due to personal and health reasons. Beggs and Tozier will be appointed to the audit and finance committee and the public policy and environment committee. IP’s chairman, Mark Sutton, commented on the valuable expertise and experience that Beggs and Tozier bring to the company’s board. Sutton also expressed gratitude for Lang’s contributions and leadership during her tenure.
Scandic Hotels conducted its annual general meeting on May 16, 2024, with shareholders, proxies, and third parties participating both physically and through advance postal voting. The meeting resulted in the approval of all proposals presented by the board of directors and nomination committee.
In the first weeks of 2024, Los Angeles held its annual meeting and updated its board of directors. The only candidate who stood for election was Ramon Massons, who will continue as president for at least another five years. The updated board includes several key positions, such as Joan Antoni Expósito as secretary, Sebastián Mulero as vice president, Joan Bobé as vice president, José Vicente Araque as treasurer, Francisco Lozano as Head of Merchandising and Commercial Action, Xavier Duch as Head of Institutional Relations, and Paco Molero as Head of Solidarity. The board will oversee the closure of the 2023 financial year and the 2024 budget.
Laurie E. Tolle, managing partner of Maillie LLP, a prominent accounting firm, has joined The Victory Bancorp, Inc.’s Board of Directors. With her almost three decades of expertise in accounting, auditing, and professional services, Tolle will contribute invaluable knowledge to the company. She is renowned for her leadership and vision in the accounting industry, which has led to her success in integrating technology, driving efficiency, and promoting professional growth within Maillie LLP. Prior to Maillie LLP, Tolle held significant roles in public accounting firms and served as the Director of Professional and Technical Services for the Pennsylvania Institute of Certified Public Accountants. The Victory Bancorp, Inc. welcomes Tolle’s expertise and anticipates her significant contributions to shaping the company’s future.
The role of the Chief Information Security Officer (CISO) has evolved beyond ensuring compliance to providing risk-based assessments and mitigation options to the board of directors. To effectively counsel the board, CISOs must translate data into real business risk, assess risk through a board perspective with data-driven evidence, put risk in the context of business objectives, and make actionable recommendations that move the needle. This enhanced CISO-board relationship fosters a comprehensive understanding of risks, enabling organizations to successfully navigate the evolving threat landscape in the context of business objectives.
