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.
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Delayed Retirements Now Due
According to SEC filings analyzer MyLogIQ, other boards such as BB&T , Caterpillar , Dr. Pepper Snapple Group, Edison International, Hanesbrands, Hess, Mattel, S&P Global, TE Connectivity and Western Union saw a board member leave due to mandatory retirement policies.
Furthermore, American International Group, Becton Dickinson, Citigroup, Comcast, Genuine Parts, International Paper, Motorola Solutions and Total System Services each bid farewell to at least two directors in 2017 due to mandatory retirement age.
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