Shareholder proposals calling for splitting up the CEO and chair roles soared this past proxy season, as corporate governance proponents pushed their long-standing arguments that dual roles are bad for both working efficiency and corporate oversight. Of the 79 proposals that went to a vote this past season, 41 came from Chevedden, ICS said. Among… Continue reading Calls to Split CEO, Chair Roles Set to Continue in 2024
Tag: Board Chair
Board Leaders See Pay Hikes
Directors are approving pay raises for board leaders as investor scrutiny intensifies and as competition for new board members and leadership talent grows fiercer. Dozens of Russell 1000 companies opted to increase premiums paid to non-executive board chairs and lead directors in the past year, some even doubling retainers, according to pay data from public… Continue reading Board Leaders See Pay Hikes