Categories: Agenda

Age Limits Fuel Surge of New Directors

As a wave of mandatory retirements breaks over boards, nominating and governance committees are recruiting and onboarding a passel of new directors to fill the empty seats.

Delayed Retirements Now Due

According to SEC filings analyzer MyLogIQ, other boards such as BB&T , Caterpillar , Dr. Pepper Snapple GroupEdison InternationalHanesbrandsHessMattelS&P Global, TE Connectivity and Western Union saw a board member leave due to mandatory retirement policies.

Furthermore, American International GroupBecton DickinsonCitigroupComcastGenuine PartsInternational PaperMotorola Solutions and Total System Services each bid farewell to at least two directors in 2017 due to mandatory retirement age.

admin

Recent Posts

High-Profile CEOs See Security Perks Climb in Divisive Environment

Nearly 40 S&P 500 firms included security costs in their CEOs' perk packages last year,…

3 months ago

Hanging Around: More 65+ CEOs Stay On the Job

Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co.…

4 months ago

AI Disclosures Increase, yet Committee Charters Have Not Caught Up

Artificial intelligence is the single-largest area that boards have devoted time to in the last…

5 months ago

The Highest Paid CEOs of 2023

The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards…

5 months ago

Musk Effect Drives Spread of Supersize CEO Pay Packages

Elon Musk didn’t just upend the global auto business and space missions. The billionaire is…

6 months ago

Top 5 Highest Paid American CEOs Of 2023

In 2023, the leaders of America's largest companies saw their compensation packages soar to unprecedented…

6 months ago