Public companies and their boards of directors face an increasingly complex array of risks that test the resilience of corporate values, strategies, operations, and enterprise risk management frameworks. Tightening monetary policies...
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One of the core duties of any board is to renew itself with an evolving set of members who together can help the company thrive into the future. Problems can arise if a board is allowed to get stale and develops a narrow range of group- thinking that misses risks and opportunities...
In the past, boardrooms were populated almost exclusively by current and former CEOs and the occasional CFO. The thinking was that a group of CEOs would have the broad experience to collectively cover any of the issues a company and management team might face. The first crack in that theory...
Nominating/governance committees today are re-focusing on the fundamentals when it comes to board composition. Spencer Stuart’s latest annual survey of nominating/governance committee chairs, conducted in the first quarter of 2023, shows how committees are shining...
These companies are trendsetters and can provide early insights into evolving pay practices across the broader public company marketplace. This report reflects a summary of pay levels and pay practice trends based on 2023 proxy disclosures....
Some companies create the wrong impression about how much board members should get paid. Take Tesla, where board directors were in the news last month for, among other reasons, getting forced to return a sizable chunk....
In the realm of corporate governance, non-executive directors (NEDs) play a crucial role in providing independent oversight, strategic guidance, and diverse perspectives to organizations. As the demands on boards become greater, chairs and nomination committees are looking for NEDs...
When The Globe and Mail released their annual Women Lead Here report in March, it showed that only 6.6 per cent of Canada’s largest publicly traded companies had a woman CEO. Perhaps surprisingly, several of the companies helmed by women were in the mining sector, a traditionally male-dominated industry...
When you’re a celebrated CEO who has successfully led a company through multiple cycles of performance improvement, it’s hard to imagine looking like a Keystone Cop at the end of your career as you pass the baton. Yet, as the transition gets closer, the reality that you’ve never actually done a...
Now that the corporate banners declaring support for gender equality on International Women’s Day have come down, it is worth reflecting on what practical steps businesses need to take to ensure this commitment is enduring...