Latest news with #OnBoard
Associated Press
12-06-2025
- Business
- Associated Press
New Book On Board Equips Corporate Boards to Navigate Governance in a Changing Business Climate
NEW YORK, NY - June 11, 2025 ( NEWMEDIAWIRE ) - Corporate governance faces increased scrutiny amid economic uncertainty and evolving expectations. Corporate board members and executives now have a unique resource: On Board: The Modern Playbook for Corporate Governance, by governance expert Jon Foster. This vital guide provides a readable historical perspective on how we got to now with a contemporary history of transactions (mergers and acquisitions, LBOs, activism, and restructurings), the growing importance of institutional investors, and the rise and now waning of environmental, social, and governance (ESG) issues that provide context for today's laws, standards, and best practices for good governance. Then, with experience, stories, and anecdotes from inside boardrooms, courtrooms, and investor meetings, Foster provides critical insights on the key issues that boards face. These include recruiting and onboarding directors, overseeing but not managing the company, board leadership, board committees, interacting effectively with the CEO, seeing that there are plans to mitigate risks and handle crises, and whether the board should target the maximization of shareholder or stakeholder value. This timely book, which addresses the dynamic landscape of governance and leadership, equips readers with the knowledge they need to navigate today's complex business environment. With experience on over 50 corporate boards, an expert witness on governance, mergers and acquisitions, restructurings and other topics in some 60 cases, and more than three decades as an investment banker, Foster offers informed views on board oversight, fiduciary responsibilities, management, shareholder engagement, and emerging governance challenges. This book provides a practical and straightforward approach to building and sustaining high-functioning boards that promote long-term success while managing risks and addressing shareholder expectations. 'As corporate governance evolves, it becomes increasingly critical for boards to clearly understand and address effectively their responsibilities and stay ahead of emerging trends,' Foster explains. 'On Board is a modern playbook for directors, offering actionable guidance rooted in lessons from the past, real-world experience, and anticipation of what may come next.' Key Themes in On Board: About Jonathan F. Foster is a deeply experienced corporate director, investment banker, and expert witness in corporate litigation. He has been on over 50 boards of directors of Fortune 500 companies, private equity firm portfolio companies, private companies, and distressed companies. He has served as a non-executive chairman, audit committee chair, and member of numerous board committees. Foster founded and is managing partner of Current Capital Partners, an advisory and merchant banking firm. Media Contact Full Name: Kathleen Schmidt Title: Founder Company Name: KMSPR Email: [email protected] Phone Number: 19734777091 Website:
Yahoo
12-06-2025
- Business
- Yahoo
New Book On Board Equips Corporate Boards to Navigate Governance in a Changing Business Climate
NEW YORK, NY - June 11, 2025 (NEWMEDIAWIRE) - Corporate governance faces increased scrutiny amid economic uncertainty and evolving expectations. Corporate board members and executives now have a unique resource: On Board: The Modern Playbook for Corporate Governance, by governance expert Jon Foster. This vital guide provides a readable historical perspective on how we got to now with a contemporary history of transactions (mergers and acquisitions, LBOs, activism, and restructurings), the growing importance of institutional investors, and the rise and now waning of environmental, social, and governance (ESG) issues that provide context for today's laws, standards, and best practices for good governance. Then, with experience, stories, and anecdotes from inside boardrooms, courtrooms, and investor meetings, Foster provides critical insights on the key issues that boards face. These include recruiting and onboarding directors, overseeing but not managing the company, board leadership, board committees, interacting effectively with the CEO, seeing that there are plans to mitigate risks and handle crises, and whether the board should target the maximization of shareholder or stakeholder value. This timely book, which addresses the dynamic landscape of governance and leadership, equips readers with the knowledge they need to navigate today's complex business environment. With experience on over 50 corporate boards, an expert witness on governance, mergers and acquisitions, restructurings and other topics in some 60 cases, and more than three decades as an investment banker, Foster offers informed views on board oversight, fiduciary responsibilities, management, shareholder engagement, and emerging governance challenges. This book provides a practical and straightforward approach to building and sustaining high-functioning boards that promote long-term success while managing risks and addressing shareholder expectations. "As corporate governance evolves, it becomes increasingly critical for boards to clearly understand and address effectively their responsibilities and stay ahead of emerging trends," Foster explains. "On Board is a modern playbook for directors, offering actionable guidance rooted in lessons from the past, real-world experience, and anticipation of what may come next." Key Themes in On Board: A Historical Perspective: A contemporary history of how we have come to today's laws, regulations, standards, and expectations for good governance. What Do Directors Do and How Do Directors Do It: Oversight and the duties of care and loyalty, board committees, and board leadership. In What Context Must a Director Work: Corporate transactions, institutional investors, and ESG. What Can Directors Do to Promote Long-Term Success? New directors, the CEO, risks and crises, keeping a board fresh and sharp, emerging issues, and ten recommendations for good governance. About Jonathan F. Foster is a deeply experienced corporate director, investment banker, and expert witness in corporate litigation. He has been on over 50 boards of directors of Fortune 500 companies, private equity firm portfolio companies, private companies, and distressed companies. He has served as a non-executive chairman, audit committee chair, and member of numerous board committees. Foster founded and is managing partner of Current Capital Partners, an advisory and merchant banking firm. Media ContactFull Name: Kathleen SchmidtTitle: FounderCompany Name: KMSPREmail: kathleen@ Number: 19734777091Website: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
15-05-2025
- Automotive
- Economic Times
SUVs drive April auto sales up 4% as entry-level buyers hold back
Sales of cars, sedans and utility vehicles last month grew by about 4% supported by demand for SUVs which managed to retain traction among more affluent buyers, even as customers at the entry-level stayed away from making purchases dragging down sales of small cars. As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), as many as 348,847 units were dispatched from factories to dealerships in April, which is an increase of 3.9% over 335,629 units sold in the year-ago period. This is the highest-ever sales in absolute volumes recorded for the month of April in the local market. Automakers in India mostly report wholesale dispatches from factories and not retail sales to customers. Sales of three-wheelers in the month under consideration dipped marginally - by 0.7% to 49,441 units. Those of two-wheelers too were in the red dropping by about 17% to 1,458,784 units in April. While sales of motorcycles declined by 22.7% to 871,666 units, those of scooters fell by 5.7% to 548,370 units. Rajesh Menon, Director General, SIAM confirmed, 'Passenger vehicles segment posted its highest ever sales of April in 2025 of 3.49 lakh units, with a growth of 3.9% as compared to April 2024. Three-wheelers de-grew marginally by (-) 0.7% compared to April of previous year, with sales of 0.49 lakh units. The two-wheeler segment de grew by (-) 16.7% in April 2025, as compared to April 2024, with sales of 14.59 lakh units, due to high base effect of April last year, while it is likely to pick up in coming months.' Senior industry executives expect car sales to remain muted and grow by about 2% in the ongoing financial year, albeit on a high base, due to adverse macro-economic factors in the ongoing financial year. 'Without revival of the small car market, growth in the domestic industry will remain muted. To buy a carpriced over Rs 10 lakh, you need to have annual household income of more than Rs 12 lakh. How can the car market get to high growth when 88% of households earn less than $14,000 a year', Maruti Suzuki Chairman R C Bhargava said in a post-earnings call recently, adding that 60-70% of consumers today do not have the option to buy a carbecause of affordability sales, though, are expected to fare better driven by consumer demand in rural areas. Market leader Hero MotoCorp in it's post-results call said it expects two-wheeler sales this fiscal to grow by 6-7% on back of favourable monsoons, strengthening of the rural economy, revision in income tax slabs which are expected to put more money in hands of motorcycle buyers. To be sure, vehicle prices in the segment have risen recently - by about 2% - on account of implementation of OBD2 (onboard diagnostic norms), but industry watchers do not expect much impact of demand because of the price revision on this count. 'Auto industry smoothly transitioned to the new regulatory regime of 2nd stage of On Board Diagnostics (OBD) 2 regulation for two and three-wheelers from April 2025 onwards, in addition to rolling out E-20 compliant gasoline vehicles across the country from this month', Menon said. Category April 2024 April 2025 % Change PassengerVehicle / 3,35,629/ 3,48,847/ 3.9 Three-wheelers/ 49,774/ 49,441/ -0.7% Two-wheelers/ 17,51,393/ 14,58,784/ -16.7% Domestic sales only Source : Society of Indian Automobile Manufacturers (SIAM)
Time of India
15-05-2025
- Automotive
- Time of India
SUVs drive April auto sales up 4% as entry-level buyers hold back
Sales of cars, sedans and utility vehicles last month grew by about 4% supported by demand for SUVs which managed to retain traction among more affluent buyers, even as customers at the entry-level stayed away from making purchases dragging down sales of small cars. As per data released by industry body Society of Indian Automobile Manufacturers ( SIAM ), as many as 348,847 units were dispatched from factories to dealerships in April, which is an increase of 3.9% over 335,629 units sold in the year-ago period. This is the highest-ever sales in absolute volumes recorded for the month of April in the local market. Automakers in India mostly report wholesale dispatches from factories and not retail sales to customers. Sales of three-wheelers in the month under consideration dipped marginally - by 0.7% to 49,441 units. Those of two-wheelers too were in the red dropping by about 17% to 1,458,784 units in April. While sales of motorcycles declined by 22.7% to 871,666 units, those of scooters fell by 5.7% to 548,370 units. Rajesh Menon, Director General, SIAM confirmed, 'Passenger vehicles segment posted its highest ever sales of April in 2025 of 3.49 lakh units, with a growth of 3.9% as compared to April 2024. Three-wheelers de-grew marginally by (-) 0.7% compared to April of previous year, with sales of 0.49 lakh units. The two-wheeler segment de grew by (-) 16.7% in April 2025, as compared to April 2024, with sales of 14.59 lakh units, due to high base effect of April last year, while it is likely to pick up in coming months.' Senior industry executives expect car sales to remain muted and grow by about 2% in the ongoing financial year, albeit on a high base, due to adverse macro-economic factors in the ongoing financial year. 'Without revival of the small car market, growth in the domestic industry will remain muted. To buy a carpriced over Rs 10 lakh, you need to have annual household income of more than Rs 12 lakh. How can the car market get to high growth when 88% of households earn less than $14,000 a year', Maruti Suzuki Chairman R C Bhargava said in a post-earnings call recently, adding that 60-70% of consumers today do not have the option to buy a carbecause of affordability issues. Two-wheeler sales, though, are expected to fare better driven by consumer demand in rural areas. Market leader Hero MotoCorp in it's post-results call said it expects two-wheeler sales this fiscal to grow by 6-7% on back of favourable monsoons, strengthening of the rural economy, revision in income tax slabs which are expected to put more money in hands of motorcycle buyers. To be sure, vehicle prices in the segment have risen recently - by about 2% - on account of implementation of OBD2 (onboard diagnostic norms), but industry watchers do not expect much impact of demand because of the price revision on this count. 'Auto industry smoothly transitioned to the new regulatory regime of 2nd stage of On Board Diagnostics (OBD) 2 regulation for two and three-wheelers from April 2025 onwards, in addition to rolling out E-20 compliant gasoline vehicles across the country from this month', Menon said. CategoryApril 2024April 2025% ChangePassengerVehicle / 3,35,629/3,48,847/3.9Three-wheelers/49,774/49,441/-0.7%Two-wheelers/17,51,393/14,58,784/-16.7%Domestic sales only Source : Society of Indian Automobile Manufacturers (SIAM)
Time of India
15-05-2025
- Automotive
- Time of India
SUVs drive April auto sales up 4% as entry-level buyers hold back
Sales of cars, sedans and utility vehicles last month grew by about 4% supported by demand for SUVs which managed to retain traction among more affluent buyers, even as customers at the entry-level stayed away from making purchases dragging down sales of small cars. As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), as many as 348,847 units were dispatched from factories to dealerships in April, which is an increase of 3.9% over 335,629 units sold in the year-ago period. This is the highest-ever sales in absolute volumes recorded for the month of April in the local market. Automakers in India mostly report wholesale dispatches from factories and not retail sales to customers. Sales of three-wheelers in the month under consideration dipped marginally - by 0.7% to 49,441 units. Those of two-wheelers too were in the red dropping by about 17% to 1,458,784 units in April. While sales of motorcycles declined by 22.7% to 871,666 units, those of scooters fell by 5.7% to 548,370 units. Rajesh Menon, Director General, SIAM confirmed, 'Passenger vehicles segment posted its highest ever sales of April in 2025 of 3.49 lakh units, with a growth of 3.9% as compared to April 2024. Three-wheelers de-grew marginally by (-) 0.7% compared to April of previous year, with sales of 0.49 lakh units. The two-wheeler segment de grew by (-) 16.7% in April 2025, as compared to April 2024, with sales of 14.59 lakh units, due to high base effect of April last year, while it is likely to pick up in coming months.' Senior industry executives expect car sales to remain muted and grow by about 2% in the ongoing financial year, albeit on a high base, due to adverse macro-economic factors in the ongoing financial year. 'Without revival of the small car market, growth in the domestic industry will remain muted. To buy a carpriced over Rs 10 lakh, you need to have annual household income of more than Rs 12 lakh. How can the car market get to high growth when 88% of households earn less than $14,000 a year', Maruti Suzuki Chairman R C Bhargava said in a post-earnings call recently, adding that 60-70% of consumers today do not have the option to buy a carbecause of affordability issues. Two-wheeler sales, though, are expected to fare better driven by consumer demand in rural areas. Market leader Hero MotoCorp in it's post-results call said it expects two-wheeler sales this fiscal to grow by 6-7% on back of favourable monsoons, strengthening of the rural economy, revision in income tax slabs which are expected to put more money in hands of motorcycle buyers. To be sure, vehicle prices in the segment have risen recently - by about 2% - on account of implementation of OBD2 (onboard diagnostic norms), but industry watchers do not expect much impact of demand because of the price revision on this count. 'Auto industry smoothly transitioned to the new regulatory regime of 2nd stage of On Board Diagnostics (OBD) 2 regulation for two and three-wheelers from April 2025 onwards, in addition to rolling out E-20 compliant gasoline vehicles across the country from this month', Menon said. Category April 2024 April 2025 % Change PassengerVehicle / 3,35,629/ 3,48,847/ 3.9 Three-wheelers/ 49,774/ 49,441/ -0.7% Two-wheelers/ 17,51,393/ 14,58,784/ -16.7% Domestic sales only Source : Society of Indian Automobile Manufacturers (SIAM)
