Boards have been steadily reinforcing their ranks through the addition of more directors with military experience in recent years. Veterans can add leadership and strategic perspectives, but also tactical skills, such as cybersecurity expertise, sources said. Boards with military experience are also known to hold CEOs to account more effectively than those made up entirely… Continue reading ‘Mission First:’ Military Directors More Likely to Hold CEOs Accountable
Category: Agenda
Boards Consider Politically Connected Directors Under New Administration
Governance Professionals Caution Against Knee-Jerk Reactions to Shifting Political Winds Meta Platforms added Dana White, CEO of UFC and longtime ally of President Donald Trump, to its board this month. The headline-grabbing appointment comes as companies are donating money and setting up face-to-face meetings with Trump to win favor with the new president. However, sources… Continue reading Boards Consider Politically Connected Directors Under New Administration
Let It Snow: CEOs with Cozy Pay and Cold Returns
Where CEO pay climbed and performance sank last year Danaher and United Parcel Service were among roughly 60 firms in the Russell 1000 index at which total shareholder return sank last year while their CEOs’ pay climbed, according to data from the Securities and Exchange Commission’s pay-versus-performance disclosures. Less than a quarter of major companies… Continue reading Let It Snow: CEOs with Cozy Pay and Cold Returns
How Boards Can Craft a Next-Level AI Strategy for 2025
As artificial intelligence grows more accessible, boards may have no choice but to embrace it Artificial intelligence is becoming increasingly accessible for everyday use, and with the recent surge in AI adoption, many boards have grown accustomed to the idea of incorporating AI into business plans. However, only 26% of companies have the right operating… Continue reading How Boards Can Craft a Next-Level AI Strategy for 2025
Director Details: Who’s at the Table in 2024
A look at the demographics and skills of S&P 500 directors. Corporate boards have greater racial and gender diversity than ever before, new data on S&P 500 companies shows. …Other demographics for directors, such as median age, have remained little changed, according to figures from the public company intelligence provider MyLogIQ.
Long-Tenured Independent Directors Lower Litigation, Activist Risks
Companies with independent directors who’ve served on the board for more than 15 years are less prone to class action lawsuits and activist motions, research shows. …A study found that long-tenured independent board members bring value to companies in multiple ways. …In that time, 486 companies in the Russell 3000 were sued, meaning some firms… Continue reading Long-Tenured Independent Directors Lower Litigation, Activist Risks
Boards Look to Private-Equity World for Fresh Skills
PE-linked directors can bring specialized knowledge — and sometimes frustration — to the boardroom The number of public company board directors with private-equity experience has notably increased over the past decade, ultimately changing the culture and approach of public boards. Some 37% of Russell 3000 companies had at least one director with PE experience in… Continue reading Boards Look to Private-Equity World for Fresh Skills
‘Very Scary Reality’: Boards Need to Review Exec Security Procedures After Shooting
Boards can’t “set it and forget it” Business leaders have been reaching out to security service providers to inquire about executive protection in the wake of the murder of UnitedHealthcare CEO Brian Thompson in Manhattan. … Last year, 109 companies, or about 21%, of the S&P 500 included personal security as a perk for executives,… Continue reading ‘Very Scary Reality’: Boards Need to Review Exec Security Procedures After Shooting