A Failure to Communicate
August 1, 2009 by Gretchen Michals
Boards and shareholders look for better ways to communicate as some investors believe corporate directors are giving them the silent treatment.
August 1, 2009 by Gretchen Michals
Boards and shareholders look for better ways to communicate as some investors believe corporate directors are giving them the silent treatment.
Build Trust, Engage Shareholders
June 11, 2009
Karen Kane writes that increasingly boards need to use communication as an effective, strategic tool to build credibility and engage shareholders.
June 11, 2009
Karen Kane writes that increasingly boards need to use communication as an effective, strategic tool to build credibility and engage shareholders.
Quick, Directors: Can You Answer These Five Crucial Questions?
June 3, 2009 by Joseph McCafferty
In these volatile times, how do you—as a company director—convey your competence in understanding the business before you, while also showing an appreciation for the gravity of your governance responsibility? A critical group of shareholders and a skeptical public are watching.
June 3, 2009 by Joseph McCafferty
In these volatile times, how do you—as a company director—convey your competence in understanding the business before you, while also showing an appreciation for the gravity of your governance responsibility? A critical group of shareholders and a skeptical public are watching.
Genentech Names Roche CEO Chairman
April 15, 2009 by Joseph McCafferty
Roche Holding has announced that Arthur Levinson, the biotech company's chief executive, would stay on as chair of a new Genentech board charged with steering integration of the two companies.
April 15, 2009 by Joseph McCafferty
Roche Holding has announced that Arthur Levinson, the biotech company's chief executive, would stay on as chair of a new Genentech board charged with steering integration of the two companies.
CF Shareholders Advised to Block Takeover
April 13, 2009 by Joseph McCafferty
Shareholders of fertilizer maker CF Industries Inc should support CF’s three candidates for its board of directors instead of withholding their votes to support Agrium Inc’s takeover attempt, proxy advisory firm RiskMetrics advised in a report released yesterday.
April 13, 2009 by Joseph McCafferty
Shareholders of fertilizer maker CF Industries Inc should support CF’s three candidates for its board of directors instead of withholding their votes to support Agrium Inc’s takeover attempt, proxy advisory firm RiskMetrics advised in a report released yesterday.
UBS Board Adds Three New Directors
March 17, 2009 by Joseph McCafferty
Swiss bank UBS has nominated three new financial mavens to its board of directors, in efforts to accelerate a company-wide restructuring.
March 17, 2009 by Joseph McCafferty
Swiss bank UBS has nominated three new financial mavens to its board of directors, in efforts to accelerate a company-wide restructuring.
Disclosure Wanted from Satyam’s Board
February 19, 2009 by Joseph McCafferty
India's Company Law Board, which is probing the fraud at Satyam Computer Services, has asked three former directors of the outsourcer to disclose their assets to the board by March 31, a senior board official said on Thursday.
February 19, 2009 by Joseph McCafferty
India's Company Law Board, which is probing the fraud at Satyam Computer Services, has asked three former directors of the outsourcer to disclose their assets to the board by March 31, a senior board official said on Thursday.
We Have to Stop Meeting Like This
January 30, 2009 by Joseph McCafferty
In these difficult times, board are meeting more frequently. The expectations of accountability among management and the board are high. So it makes sense that in order for a board to stay informed they need to be in constant communication. Many boards are meeting six or more times a year.
January 30, 2009 by Joseph McCafferty
In these difficult times, board are meeting more frequently. The expectations of accountability among management and the board are high. So it makes sense that in order for a board to stay informed they need to be in constant communication. Many boards are meeting six or more times a year.
BofA Board Keeps Lewis in Charge
January 29, 2009 by Joseph McCafferty
Directors at Bank of America backed Chairman and CEO Kenneth Lewis in their first meeting since he ousted Merrill Lynch chief John Thain. They also appointed three Merrill directors to bring the total number of the BofA board to 19. Lead Director O. Temple Sloan issued a statement in support of Lewis.
January 29, 2009 by Joseph McCafferty
Directors at Bank of America backed Chairman and CEO Kenneth Lewis in their first meeting since he ousted Merrill Lynch chief John Thain. They also appointed three Merrill directors to bring the total number of the BofA board to 19. Lead Director O. Temple Sloan issued a statement in support of Lewis.
Independent Directors Need Independent Counsel
December 9, 2008 by Joseph McCafferty
Edward Gallion examines the inevitable onslaught of all manners of litigation--including shareholder derivative and class action suits, and the unavoidable parallel regulatory and criminal inquiries arising in the wake of this enormous market meltdown.
December 9, 2008 by Joseph McCafferty
Edward Gallion examines the inevitable onslaught of all manners of litigation--including shareholder derivative and class action suits, and the unavoidable parallel regulatory and criminal inquiries arising in the wake of this enormous market meltdown.
Is Gender Diversity More Effective?
December 1, 2008 by Gretchen Michals
Research shows that women on boards are absent less and their presence actually improves the attendance behavior of their male counterparts. However, when weighing pros and cons, an overly diverse board can actually hurt business.
December 1, 2008 by Gretchen Michals
Research shows that women on boards are absent less and their presence actually improves the attendance behavior of their male counterparts. However, when weighing pros and cons, an overly diverse board can actually hurt business.
Charting a Course to the Future
November 30, 2008 by Joseph McCafferty
Now is the time for a disciplined, rigorous assessment and review of your board.
November 30, 2008 by Joseph McCafferty
Now is the time for a disciplined, rigorous assessment and review of your board.
The Next Generation?
November 27, 2008 by Joseph McCafferty
With current demands in the marketplace and the need to be a true collaborator in the boardroom, time is even more limited for C-level executives. So where do we go from here? Are there other senior executives to consider that board have not contemplated in the past?
November 27, 2008 by Joseph McCafferty
With current demands in the marketplace and the need to be a true collaborator in the boardroom, time is even more limited for C-level executives. So where do we go from here? Are there other senior executives to consider that board have not contemplated in the past?
Parliament as Activist Investor?
October 14, 2008 by Joseph McCafferty
The British government will appoint independent directors to the banks in which it invests and rescind the bonuses of its directors. In a statement to Parliament yesterday, Treasury Chief Alistair Darling detailed governance changes and sought support to reform and renew the international financial system.
October 14, 2008 by Joseph McCafferty
The British government will appoint independent directors to the banks in which it invests and rescind the bonuses of its directors. In a statement to Parliament yesterday, Treasury Chief Alistair Darling detailed governance changes and sought support to reform and renew the international financial system.
The New Globalists
October 1, 2008 by Joseph McCafferty
When Goldman Sachs wanted to make an addition to its board this past summer, it could have picked nearly anyone it wanted. It could have selected a political heavyweight or any well-known American Fortune 500 CEO. Instead, the investment banking giant, which recently recast itself as a bank holding company, set its sights abroad.
October 1, 2008 by Joseph McCafferty
When Goldman Sachs wanted to make an addition to its board this past summer, it could have picked nearly anyone it wanted. It could have selected a political heavyweight or any well-known American Fortune 500 CEO. Instead, the investment banking giant, which recently recast itself as a bank holding company, set its sights abroad.
Economic Ills Spur Greater Board Scrutiny
October 1, 2008 by Joseph McCafferty
With Wall Street swooning and bailout battles shaping debate in the nation's capital, Directorship hosted a "Directors to Watch" Forum at Nasdaq OMX yesterday that opened with a panel discussion led by PricewaterhouseCoopers' Catherine Bromilow on directors' major concerns.
October 1, 2008 by Joseph McCafferty
With Wall Street swooning and bailout battles shaping debate in the nation's capital, Directorship hosted a "Directors to Watch" Forum at Nasdaq OMX yesterday that opened with a panel discussion led by PricewaterhouseCoopers' Catherine Bromilow on directors' major concerns.
What Are the Lessons of the Financial Crisis for Boards?
September 30, 2008 by Joseph McCafferty
Unfortunately we may bear witness in the near future to even more history that will no doubt be studied in years to come by business students around the world. As we look to the future it brings up the age old questions: What are the lessons to be learned from the downfall of some of Wall Street’s oldest and largest companies, and can we prevent history from repeating itself…again?
September 30, 2008 by Joseph McCafferty
Unfortunately we may bear witness in the near future to even more history that will no doubt be studied in years to come by business students around the world. As we look to the future it brings up the age old questions: What are the lessons to be learned from the downfall of some of Wall Street’s oldest and largest companies, and can we prevent history from repeating itself…again?
Candor Leads to Good Decision Making
September 30, 2008 by Joseph McCafferty
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically.
September 30, 2008 by Joseph McCafferty
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically.
A Diplomat in the Boardroom
September 30, 2008 by Joseph McCafferty
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically.
September 30, 2008 by Joseph McCafferty
Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically.