Search Results for keywords:"board appointment"

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Search Results: keywords:"board appointment"

  • Type:Notice
    Citation:89 FR 106479
    Reading Time:less than a minute

    David Vaudt has been appointed to the Federal Accounting Standards Advisory Board (FASAB) for a five-year term starting on January 27, 2025. This announcement was published as a notice by the Federal Accounting Standards Advisory Board. More information can be obtained by visiting the FASAB website or contacting the board's Executive Director, Ms. Monica R. Valentine.

    Simple Explanation

    David Vaudt is going to help make important rules about money for the government starting in 2025, and if you have questions, you can ask the people who work with him.

  • Type:Notice
    Citation:90 FR 16130
    Reading Time:about 19 minutes

    Chevron Corporation and Hess Corporation have requested the Federal Trade Commission (FTC) to review and nullify a previous order from January 17, 2025. This order stopped Chevron's efforts to appoint Hess CEO John B. Hess to Chevron's board following their merger, which was seen as potentially harming competition by increasing industry coordination. Chevron and Hess argue that the order lacks a valid antitrust basis, claiming that Mr. Hess's role would not significantly affect competition or oil prices, and that removing the order would be in the public interest to enhance U.S. energy production. The FTC is inviting the public to comment on this petition until May 12, 2025.

    Simple Explanation

    Chevron and Hess want a past decision by the FTC to be changed because they believe that letting the Hess boss join Chevron's board won't hurt competition or raise prices, and they think this change will help make more energy in the U.S. The FTC is inviting people to share their thoughts about this until May 12, 2025.