Hans Hess is the founder and chief executive of Elevation Burger, an organic hamburger chain. He is flying a lot to establish franchises around the world.    

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It wasn't until dawn on Thursday that the Hess Corporation settled a proxy fight waged by Elliott Management. | Laurene Powell Jobs is tiptoeing into the public sphere to push her philanthropic agenda. | Fred Eckert, a onetime Goldman Sachs partner w

NEW YORK (TheStreet) -- I sat down with Jim Cramer to talk about the recent spate of activism in the oil patch, specifically with Hess and with Transocean.I believe that activism is a cyclical phenomenon and the energy space has been ripe for activis

A promise to seat two of its board candidates after Elliott Management voted for its own five was insulting. A promise to seat three under the same circumstances? That’s a compromise Paul Singer can embrace. Under the terms of the settlement, E

NEW YORK/HOUSTON, May 16 (Reuters) - Hess Corp placed three directors backed by hedge fund Elliott Management on its board on Thursday, settling a months-long feud over the oil company's governance and long-term strategy.

In a flurry of horsetrading just hours ahead of what was expected to be a rancorous annual meeting, John Hess, CEO of Hess Corp., cut a deal with dissident shareholders from Elliott Management. With it, Hess was able to save face in front of his shar

NEW YORK/HOUSTON, May 16 (Reuters) - Hess Corp will put three directors backed by hedge fund Elliott Management onto its board, settling a months-long feud over the oil company's governance and...

NEW YORK/HOUSTON, May 16 (Reuters) - Hess Corp will put three directors backed by hedge fund Elliott Management onto its board, settling a months-long feud over the oil company's governance and long-term strategy.

NEW YORK/HOUSTON, May 16 (Reuters) - Hess Corp will put three directors backed by hedge fund Elliott Management onto its board, settling a months-long feud over the oil company's governance and long-term strategy.

Hess settled a long proxy fight hours before a shareholder vote Thursday morning, agreeing to name three directors backed by dissident hedge fund Elliott Management.

Energy stocks edge lower, with Hess Corp. among the top decliners as it ends a proxy fight with activist shareholder Elliott Management.

May 16 (Reuters) - Hess Corp will put three directors backed by hedge fund Elliott Management onto its board, settling a months-long feud over the oil company's governance and long-term strategy.

May 16 (Reuters) - Hess Corp will put three directors backed by hedge fund Elliott Management onto its board, settling a months-long feud over the oil company's governance and long-term strategy.

The agreement resolves one of the fiercest battles for corporate control in the US energy industry, which has seen a rising tide of investor activism

Under the terms of the settlement, Elliott Management will back Hess' slate of five nominees, all of whom are new and independent of management. In return, Hess will seat three of the hedge fund's candidates shortly after the meeting.

(Reuters) - Activist investor Elliott Management will settle for three seats on the board of Hess Corp and support the oil producer's five director nominees to end a proxy fight.

May 16 (Reuters) - Activist investor Elliott Management will settle for three seats on the board of Hess Corp and support the oil producer's five director nominees to end a proxy fight.

Last week, Hess agreed to split John Hess' chairman and CEO roles in an effort to appease Paul Singer's Elliott Management. Thursday they went even further in an effort to avoid defeat in a proxy contest set to reach its climax.

Hess Corporation (NYSE: HES) ("Hess") today announced that it has reached anagreement with Elliott Management to resolve its proxy contest.

Issues over seats on board at Hess Corp. settled through agreement.

In yet another twist in its proxy battle with Hess, Elliott Management proposed refashioning the company's board to include both its slate of five board nominees and their Hess-backed rivals.

* Elliott says all of its and Hess' nominees should be on the board

* Elliott says all of its and Hess' nominees should be on the board

* Elliott says all of its and Hess' nominees should be on the board

Appreciative as he is of Hess’ generous offer to seat two of his five board nominees after he votes for Hess’ own five, Paul Singer rather contemptuously declines. But, even though he’s quite sure he’s the one holding the card

Elliott on Tuesday offered to seat both its slate of five director nominees and Hess', in what it said was a step toward completely remaking the energy company's board.

(Reuters) - The activist investor engaged in a proxy battle with Hess Corp has proposed a new board for the oil producer that would include all nominees put forward by both sides ahead of a vote on Thursday.

* Says all of its and Hess's nominees should make up the board

Hedge fund Elliott Management Corp said on Tuesday that all of its board nominees and all of Hess Corp's should make up a reconstituted board, a day after the activist investor rejected the oil producer's offer of two board seats.

Hess says it is prepared to support two of the five nominees put forward by the activist hedge fund Elliott Management. But the proposal was promptly rejected by the hedge fund.

May 13 (Reuters) - Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt."

May 13 (Reuters) - Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt."

May 13 (Reuters) - Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt."

May 13 (Reuters) - Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt."

NEW YORK, May 13 (Reuters) - Oil and gas company Hess Corp offered hedge fund Elliott Management two seats on its board as the company looks to avoid losing five seats to the activist at its annual meeting this week.

The moves reflect rising shareholder activism among US investors particularly in the energy industry, which has been shaken up by the shale revolution

Elliott Management, the dissident hedge fund seeking seats on Hess's board, is scrapping an unorthodox plan to pay bonuses to its nominees if the company's shares outperform competitors.

Energy stocks are lower, with coal miners Consol Energy and Peabody Energy among the worst hit. Hess gains ahead of the week’s shareholder meeting.

NEW YORK (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperforms its p

An activist hedge fund's nominees to the Hess Corpboard of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperforms its peers under their watch

NEW YORK, May 13 (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will...

NEW YORK, May 13 (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperfor

NEW YORK (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a special pay package from the fund if the oil and gas company outperforms its peers under their watch.