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Cleaning House: Alberta’s AIMCo sees its CEO, entire Board of Directors fired; new CEO to step in
Alberta Investment Management Corp. (“AIMCo”) is an Alberta-based Crown corporation with ~$160 billion of assets under its control.[1] The provincial corporation invests with the goal of generating returns for its clients. But in a twist from a regular, run-of-the-mill fund, these clients have important interests at stake. Albertan judges, teachers, management-level public service and municipal […]
Recent Governance Issues at Starbucks
Last week, Starbucks announced that they will no longer be charging extra fees for drinks made with non-dairy alternatives, they will bring back the beloved “condiment bar,” and that prices on all products will not increase in 2025. These changes are in reaction to the company’s continuing financial decline over the last year, brought on […]