For Dale Jones, it was a creeping realization that settled in over time. Two outside board seats, plus serving as a newly minted CEO, was just too much. “I was looking at the calendar and trying to fit it all in and I realized that I didn’t have enough margin to make it all work,” says… Continue reading Directors Confront Overscheduling Long Before Overboarding
Tag: Board of Directors
Mandatory Equity Deferrals for Directors On the Rise
A small but growing number of boards are requiring that directors defer a portion of their annual equity compensation until after board service ends, although some experts caution that such an approach could potentially come back around as a hindrance in board recruiting. … Deferral Differences A look at director compensation plans using MyLogIQ, an SEC compliance and… Continue reading Mandatory Equity Deferrals for Directors On the Rise
Boards Uneasy About ‘The Survivor Question’
Nominating and corporate governance committees are grappling with how to make board evaluations more meaningful, and one niggling question that has emerged is whether boards should ask individual directors to rank the contributions of peers. At Stanford’s recent Directors’ College event, board members and governance experts debated the merits of asking individual directors to judge whether… Continue reading Boards Uneasy About ‘The Survivor Question’
Board Moves: Tech, Big Data and Industry Experience
A slew of new appointments to the boards of Arconic, Mattel and Waters include sitting or retired CEOs of publicly traded companies, according to data provided by MyLogIQ. In addition, several directors have given notice that they won’t be continuing with the boards of such companies as Alaska Air Group, Arconic and General Mills. Arconic, which is currently searching for a new CEO after Klaus Kleinfeld was… Continue reading Board Moves: Tech, Big Data and Industry Experience
Lead Director Profile: CEOs Wanted
As more boards provide additional details about the role and function of lead directors in company governance, common attributes and experiences that shape lead directors at the largest companies are emerging. Though the responsibilities of lead directors and the profile of the position vary from company to company, data collected by SEC compliance and public company intelligence provider MyLogIQ shows several striking similarities among lead directors at… Continue reading Lead Director Profile: CEOs Wanted
How Microsoft Reformed Its ‘Toxic’ Culture
Company culture at Microsoft in 2013 had grown so “toxic,” said independent chairman John Thompson, the board couldn’t get its top choices of executives from outside the company to sign on as the $526 billion software behemoth’s new CEO. “The culture of this place was: If you’re the smartest person in the room, you can also be the… Continue reading How Microsoft Reformed Its ‘Toxic’ Culture
Board Moves: Director Exits, CEOs Tapped for Board Seats
A slew of new appointments to the boards of Arconic, Mattel and Waters include sitting or retired CEOs of publicly traded companies, according to data provided by MyLogIQ. In addition, several directors have given notice that they won’t be continuing with the boards of such companies as Alaska Air Group, Arconic and General Mills. Arconic, which is currently searching for a new CEO after Klaus Kleinfeld was… Continue reading Board Moves: Director Exits, CEOs Tapped for Board Seats
Yahoo Adds Two Directors, Girding for Fight With Starboard
Yahoo Inc.’s appointment of two board members on Thursday signals the Internet company is girding to battle activist investors over its future. Yahoo’s new directors are Catherine Friedman, a former managing director of Morgan Stanley, and Eric Brandt, former finance chief of semiconductor company Broadcom Corp. The additions bring the board back to nine members following two resignations in… Continue reading Yahoo Adds Two Directors, Girding for Fight With Starboard