CEO Tenure Rates
Chief executive officer (CEO) tenure rates have experienced a significant decline in the past decade. A recent study conducted by Equilar—featured in Barron’s annual Top CEOs issue—has brought the change to light, uncovering a substantial shift in both the median and average tenures of S&P 500 CEOs…
Six Early Takeaways from the 2024 Proxy Season
With November’s election on the horizon, the politicization of ESG topics remains a key concern for both investors and corporations. Over three quarters of North American CEO respondents to Teneo’s CEO and Investor Survey have stated that it has impacted the way their business operates. Nevertheless…
What’s it like to be CEO? In a word, lonely—and you might not know for years, or decades, whether you did a good job
Carol Tomé was warned before taking the helm of global shipping company UPS that she would feel lonely. She wasn’t fazed. “I would say, ‘How lonely can it really be? It can’t be that lonely?’ What I’ve since learned is that it is extraordinarily lonely,” she laughed. “When you are a member of an executive team, you hang together…
More CEOs are deciding the stress, pressure and loneliness are just not worth the money
In recent years, corporate chiefs have contended with everything from labor shortages and strikes to layoffs and culture wars, actual conflicts, the remote-working boom, snarled supply chains, pandemic shutdowns, historic inflation, surging interest rates, and a deeply uncertain economic outlook. Perhaps it’s no …
Board effectiveness: A survey of the C-suite April 2024 The boardroom mosaic: piecing together the future
Corporate governance needs to keep pace as the pieces of the mosaic are constantly shifting, with directors addressing more topics and fielding input from more stakeholders. Regulators such as the SEC and EU are mandating increased board responsibility and corporate transparency…
Research: Boards Still Have an ESG Expertise Gap — But They’re Improving
Knowing the right questions to ask management on material environmental, social, and governance issues has become an important part of a board’s role. Five years ago, our research at NYU Stern Center for Sustainable Business found U.S. public boards were not fit for this purpose …
How to Make Climate Progress: Tie It to CEO Pay
It’s more common for companies to build incentives into executives’ annual compensation plans rather than their long-term plans. About 86% of companies in the Russell 3000 index that incorporated ESG performance metrics in incentives used annual incentives in 2023 …
Spencer Stuart Director Pulse Survey: Specialized Directors
Corporate boards today are providing oversight to an ever-expanding set of issues — from the impact of technology like AI to cybersecurity risks to regulatory and talent concerns, to name a few. Yet populating boards with the right portfolio of skills is a balancing act. Our survey found that board…
AI and Board Directors Oversight: AI Governance Appears on Corporate Radar
Artificial intelligence (AI), the use of technology to execute or simulate processes that would otherwise require human intelligence, is quickly evolving. Companies have begun to use the rapidly expanding technology to help achieve efficiency, increase competitive advantages, and enhance engagement with stakeholders. Early adopters…
The Rise Of The Chief AI Officer: Is A Board Equivalent Necessary?
As AI continues to advance at an exponential rate, businesses are realizing that traditional governance methods are struggling to keep up with the complexities of the modern digital economy. The rise of the Chief AI Officer in the C-suite underscores this shift, buttressing ….
