Derek Powers was the initial CEO and Chairman of the Board. Bruce Wayne had little actual power in the day to day affairs of the corporation, but he was still a major share-holder and retained influence among the board. To gently mock Bruce's lack of control of the company, Derek Powers offered to allow Bruce to return to the company in an advisory role and that he would put Bruce in the finest office in the building. It also had several armed guards wearing white and black armor.
When Derek Powers began to have trouble maintaining his radioactive condition, he appointed his son Paxton as his replacement, intending to use Paxton as his puppet. When Derek was exposed as Blight, Paxton was able to assume full control of the company. Eventually, he was arrested for hiring the Royal Flush Gang to assassinate Wayne.
With the Powers family removed from power, Bruce decided to re-enter corporate affairs as CEO and Chairman of the Board. To prevent this from happening, Jordan Pryce hired the Jokerz to assassinate Bruce. They failed, and Pryce was arrested, allowing Bruce to resume full control over the company. At this point, "Powers" had been removed from the company's name.
The security guards at Wayne-Powers resembled Stormtroopers from Star Wars.