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Abercrombie & Fitch nominates four directors; settles with Engaged
New Albany, Ohio -- Abercrombie & Fitch Co. will nominate for election to its board of directors four new independent director candidates: Bonnie R. Brooks, Sarah M. Gallagher, Diane L. Neal and Stephanie M. Shern. The board retained a third-party search firm to assist in the search process for new independent directors with relevant experience.
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White House calls for new standards on data breaches
New York -- The White House on Thursday called on Congress to pass legislation to create a national standard that would alert consumers when their data has been hacked. It one-of-six policy recommendations that comes after a 90-day review of data and privacy.
"As organizations store more information about individuals, Americans have a right to know if that information has been stolen or otherwise improperly exposed," said the report, led by John Podesta, a top advisor to President Barack Obama.