This week’s governance, compliance and risk-management stories from around the web
– The Wall Street Journal (paywall) reported that Rite Aid Corp president and CEO Heyward Donigan left the company. Rite Aid has picked board member Elizabeth Burr to be interim CEO as it conducts a search for a new leader. Burr has previously been chief innovation officer at health insurance company Humana. Donigan was named Rite Aid CEO in 2019, leading the company through the Covid-19 pandemic that put pharmacy chains on the front lines of testing and vaccinations.
– According to Bloomberg (paywall), UK financial services firms have a higher proportion of women on their boards than their continental European counterparts. Women made up 58 percent of new board appointments at the UK’s listed financial service firms over the last year, compared with an average of 50 percent at European companies, according to a report released by EY. At present 43 percent of UK finance board seats are filled by women, a 5 percentage-point increase from June, when the research was first conducted. In continental Europe, female representation on financial boards stands at 42 percent.
‘Ensuring that boardrooms reflect the diverse customers and societies they serve remains a work in progress, but the substantial increase in female representation in the past six months alone is particularly encouraging,’ said Anna Anthony, EY’s UK financial services managing partner. ‘We expect to see boards ramp up their focus...
Images of the Whitegate fuel protests earlier this month were altered to make it appear gardaí were violent towards protesters. The AI-doctored images were shared widely online, including by inter...