~33% of S&P 500 and Russell 3000 companies added one new director or replaced one board seat in the previous 12 months
Source: The Conference Board, Corporate Board Practices in the Russell 3000 and S&P 500 2019 EDITION
50% of S&P 500 boards have a separate chair and CEO
Source: 2018 U.S. Spencer Stuart Board Index
428 new independent directors elected to S&P 500 in 2018
Source: 2018 U.S. Spencer Stuart Board Index
What is the Nominating and Governance Committee looking for?
SpencerStuart, 2018 According to SpencerStuart's survey of 177 nominating/governance committee members, the top trends and priorities are: Recruiting profiles: 62% women, 49% active CEO/COO, 48% technology experience 66% considered or [...]
Labrador and EY publish new Corporate Governance report
Broad progress by European companies on governance, transparency and other stakeholder priorities is reported in the 2018 Corporate Governance Overview, being published this month by Labrador and EY. The report [...]
Client Interview: Answering the “why?”
An increasing number of companies now see their proxy statements as another important tool for communicating with shareholders and are taking steps to revitalize them. We talked with Adam Kramer, [...]
Investor push for human capital reporting
Corporate Board Member, 07/13/2018 In a recent article by Dan Bigman, Editor and Chief Content Officer of Chief Executive Group, he outlines Ning Chiu's, Counsel, Davis, Polk & Wardell, "top [...]
Will the call for mandatory audit firm rotation be renewed?
Cooley PubCo, 5/22/2018 Starting in 2018, new rules required disclosure of auditor tenure in audit reports. (See this PubCo post.) And, for some companies, those tenures can stretch over a century. [...]
What companies can learn from Amazon’s shareholder letter
IR Magazine, April 26, 2018 By any measure, Amazon CEO Jeff Bezos’ 4,300-word annual letter to shareowners, which was released last week, is a long document. But Bezos only devotes [...]