Phillips 66 changes board to avoid new proxy battle with Elliott
Brokered peace draws line under one of the activist hedge fund’s most bitterly fought recent campaigns
Brokered peace draws line under one of the activist hedge fund’s most bitterly fought recent campaigns

Soda and snacks maker will cut costs and reduce prices but investment firm will not get a seat on its board

Status update on plan to save $5bn comes as US hedge fund pushes energy major to go even further

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Securities and Exchange Commission could reshape corporate governance by making it harder for investors to seek changes

Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards

As the original private equity barbarian reaches milestone, the FT interviews its founders and their successors