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More U.S. Companies Separating Chief Executive and Chairman RolesThe percentage of S&P 500 companies whose chief executives also serve as chairman reached 45.6% in 2018, compared with 48.7% the year before and the lowest percentage in at least a decade, according to data compiled for The Wall Street Journal by ISS Analytics, the data intelligence arm of proxy adviser Institutional Shareholder Services Inc.
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Cannabis company Aphria confirms CEO and co-founder will move out of rolesCanadian cannabis company Aphria Inc. confirms Friday that its CEO and co-founder would be transitioning out of their roles, as it reported earnings for its fiscal second quarter that reflected the start of full legalization of the substance in Canada.
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