Board names lead director David Calhoun as non-executive chairman.
Activist Mantle Ridge succeeds in pushing company to name new CEO and a revamped board.
Italian prosecutors are investigating Netflix after the streaming giant reportedly failed to file a tax return in the country as a local business.
The U.S. Pentagon has awarded two major contracts to two different U.S. bellwether aerospace and defense companies - United Technologies' Pratt & Whitney division and Lockheed Martin - to build Air Force jets and missile defense systems, respectively.
Investors have balked at a number of issues surrounding the company and Neumann.
Catherine Powell, the executive in charge of Walt Disney's Disneyland Paris, Walt Disney World and Disneyland theme parks, is out after the position was eliminated.
Judge rules Elon Musk held sway over the company's compensation committee in designing package that could balloon to $70 billion.
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