corporate governance

e.l.f. Beauty’s “Change the Board Game” initiative promotes boardroom inclusivity as a driver of business success. The initiative, supported by a growing network of partners, cites e.l.f. Beauty’s own diverse board and financial performance as evidence. New research from N.C. A&T shows a correlation between gender diversity on boards and Return on Equity, with companies having above-average gender diversity consistently outperforming those with less. e.l.f. Beauty encourages other companies to join the coalition.

FEMSA (NYSE: FMX) announced Jose Antonio Fernández Garza-Lagüera as its next CEO, effective November 1, 2025. Garza-Lagüera, currently CEO of FEMSA Proximity & Health, brings extensive experience from various leadership roles within the company. The appointment follows a structured succession plan. José Antonio Fernández Carbajal will remain Executive Chairman to ensure a smooth transition. Garza-Lagüera currently manages a large operation including over 28,000 stores across multiple countries, showcasing his capabilities to drive FEMSA’s growth, innovation, and sustainability focus.

Ping An Insurance (Group) Company of China’s sustainability efforts are gaining recognition, with an upgrade from “A-” to “A” in Hang Seng Indexes Company’s 2025 ratings. Impressive environmental performance and corporate governance contributed to high rankings within the Hang Seng Composite Index and Hang Seng China A (Investable) Index. Ping An’s strategy focuses on integrated finance, health, and senior care, leveraging technology and green initiatives. The Group’s commitment extends to rural revitalization and community support through its “San Cun Hui” welfare platform.

Okta, Inc. (NYSE:OKTA) announced a proposed settlement for derivative matters, featuring corporate governance reforms and internal controls approved by the Board Settlement Review Committee. A Settlement Hearing is set for October 24, 2025. The settlement includes $2.25 million for legal fees, pending court approval. Stockholders as of June 26, 2025, can object by filing written objections 14 days prior to the hearing. The settling parties believe the reforms provide substantial benefits to Okta and its stockholders.

H World Group (HTHT) announced Board of Directors changes effective August 15, 2025. Justin Martin Leverenz, ex-CIO at Invesco Developing Markets Fund, joins as a director. Yi Zhang (Bonnie Yi Zhang), SINA Corporation’s CFO, becomes an independent director and Audit Committee chairwoman. Lei Cao joins the Compensation Committee. Tong Tong Zhao transitions to Board observer. Jian Shang departs from independent director and committee roles. These changes aim to bolster H World’s strategic growth with diverse financial and emerging market expertise.

LZG International (OTC: LZGI) will hold a special shareholder meeting on August 18, 2025, in Miami and virtually, initiated by shareholders representing over 10% of shares. Key agenda items include electing a new Board of Directors, evaluating audit candidates, and securing corporate assets and data systems. Shareholders must display name and share count for access; proxy voting is available. The meeting signals potential governance concerns and a push for change.

Nanning Yunguitong Technology faces a social media controversy in China over its young leadership, including a 17-year-old Chairman. The company defends its executive’s eligibility under Chinese Civil Code Article 18, which grants full civil capacity to employed minors aged 16+. Yunguitong asserts compliance with all regulations, emphasizing that registration details are accurate and its objectives align with legitimate, socially responsible business activities. The company also participates in the China International College Students’ Innovation Competition.

TotalEnergies SE (TTE) announced its voting rights and share capital figures as of July 31, 2025. The disclosure, mandated by French regulations, details the total number of shares, theoretical voting rights, and exercisable voting rights. These figures are essential for investors to assess their voting power, understand shareholder influence, and monitor potential shifts in corporate structure, particularly amidst TotalEnergies’ strategic evolution and investments in renewable energy. Analysts suggest investors carefully review this data alongside other financial information.

Power bank manufacturer Romoss is facing a severe financial crisis following a recent product incident, with estimated monthly losses of 100-200 million yuan. Reports indicate a significantly reduced workforce, large amounts of idle inventory, and employee/supplier protests outside the Shenzhen headquarters. Senior management is reportedly “disappeared” and core executives allegedly fled to Malaysia. Romoss issued a work stoppage notice, claiming after-sales services would continue, but these claims are disputed. The company’s legal representative has changed multiple times recently, raising governance concerns.

Ridgeline Minerals (RDGMF) has corrected a typographical error in its upcoming Annual General Meeting (AGM) materials, clarifying the record date as July 3, 2025. The AGM is still scheduled for August 12, 2025. Amended materials are available on SEDAR+ and the company website. Ridgeline Minerals focuses on exploration across seven projects in Nevada, holding both wholly-owned assets and strategic partnerships.