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....
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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...
As investors and other stakeholders put increasing pressure on public companies to build boards that better reflect society, the root cause that inhibits board diversity has become clearer. It’s not a pipeline problem. It’s a network problem...
The COVID-19 pandemic transformed trends in CEO turnover. As it brought new risks to organizations throughout 2020, the number of CEO departures fell each quarter. And the trend continued alongside the pandemic in 2021, with the global annual turnover rate falling from 10% in 2020 to 8.9% in 2021....
Today’s boards face an increasingly complex business environment, an intensifying regulatory environment and growing activism by investors and other stakeholders. In response, they are focusing on their own composition and taking a strategic approach to director appointments...
Boards that convened more frequently landed better deals, and that effect was enhanced when a company had at least one female director—even more so with two. Having two directors with experience navigating a takeover was also linked to higher sale prices. And a board’s ability to negotiate higher ...
With this year’s proxy season in the rearview mirror, EY’s Center for Board Matters analyzed voting trends among Fortune 100 company shareholders to see what could be gleaned about investor sentiment. It found that investors are getting much choosier about the environmental, social, and...
