THE D100 BOARDROOM LEADERS FOR 2009
October 14, 2009 by Directorship Editors
President Barack Obama and his team top our third-annual list of the Directorship 100, the most influential people in the boardroom and corporate governance community.
October 14, 2009 by Directorship Editors
President Barack Obama and his team top our third-annual list of the Directorship 100, the most influential people in the boardroom and corporate governance community.
Edward Kennedy, “Lion of the Senate,” Dies at 77, Senate Seat in Question
August 26, 2009
Edward Kennedy, one of the longest-serving Senator in U.S. history, has died at age 77.
August 26, 2009
Edward Kennedy, one of the longest-serving Senator in U.S. history, has died at age 77.
Team Obama Moves to Overhaul Fannie and Freddie
August 6, 2009
Summers looks to overhaul the mortgage companies
August 6, 2009
Summers looks to overhaul the mortgage companies
Verizon Shareholders Approve Exec Pay
May 8, 2009
Verizon shareholders approved the pay packages of top executives, drowning out any complaints that compensation was excessive with an overwhelming 90 percent of the vote.
May 8, 2009
Verizon shareholders approved the pay packages of top executives, drowning out any complaints that compensation was excessive with an overwhelming 90 percent of the vote.
Fannie Mae’s Allison to Head TARP
April 14, 2009 by Joseph McCafferty
Fannie Mae CEO Herb Allison is expected to head the government’s $700 billion financial-rescue program.
April 14, 2009 by Joseph McCafferty
Fannie Mae CEO Herb Allison is expected to head the government’s $700 billion financial-rescue program.
Dimon Calls for Unity Behind Obama
March 12, 2009 by Joseph McCafferty
Jamie Dimon, CEO of JPMorgan Chase, is pushing lawmakers to unite behind President Barack Obama and not behave like a “dysfunctional family” as the country battles economic crisis.
March 12, 2009 by Joseph McCafferty
Jamie Dimon, CEO of JPMorgan Chase, is pushing lawmakers to unite behind President Barack Obama and not behave like a “dysfunctional family” as the country battles economic crisis.
Banks and Bonuses: A European Perspective
February 23, 2009 by Alan Jenkins
Bankers’ pay and their bonuses are causing heated debate on both sides of the Atlantic. The President of the USA and the British Prime Minister have both spoken on the subject. In the US a cap on both for senior executives of up to $500,000 is proposed. In the UK. the Chancellor has set up a review to “examine how banks are managed. Bank boards have a duty to ask more searching questions of their executives - when times are good as well as when they turn bad”. This appeared in a column written by the Chancellor in the Sunday Telegraph of 8 February, under the head “Era of risk is over; what we now demand of banks is responsibility”.
February 23, 2009 by Alan Jenkins
Bankers’ pay and their bonuses are causing heated debate on both sides of the Atlantic. The President of the USA and the British Prime Minister have both spoken on the subject. In the US a cap on both for senior executives of up to $500,000 is proposed. In the UK. the Chancellor has set up a review to “examine how banks are managed. Bank boards have a duty to ask more searching questions of their executives - when times are good as well as when they turn bad”. This appeared in a column written by the Chancellor in the Sunday Telegraph of 8 February, under the head “Era of risk is over; what we now demand of banks is responsibility”.
Senate Likely to Limit Bonus, Other Comp
February 20, 2009 by Joseph McCafferty
Stringent executive pay restraints in the new stimulus package President Barack Obama signed Tuesday are a foretaste of economy-wide restrictions likely to come out of a US Congress steamed up about the issue.
February 20, 2009 by Joseph McCafferty
Stringent executive pay restraints in the new stimulus package President Barack Obama signed Tuesday are a foretaste of economy-wide restrictions likely to come out of a US Congress steamed up about the issue.
GM and Chrysler Seek $21.6 Billion More
February 18, 2009 by Joseph McCafferty
General Motors Corp. and Chrysler LLC told the federal government they may need up to $21.6 billion more combined in bailout loans to put them on the road to recovery, and outlined extensive bankruptcy contingency plans even while continuing to lobby against the option.
February 18, 2009 by Joseph McCafferty
General Motors Corp. and Chrysler LLC told the federal government they may need up to $21.6 billion more combined in bailout loans to put them on the road to recovery, and outlined extensive bankruptcy contingency plans even while continuing to lobby against the option.
Bank of America to Defer Bonuses
February 2, 2009 by Joseph McCafferty
With executive compensation and annual bonuses the talk of the corporate town in recent months, Bank of America has made its own statement on the matter, with plans to defer its larger bonuses over a three-year period.
February 2, 2009 by Joseph McCafferty
With executive compensation and annual bonuses the talk of the corporate town in recent months, Bank of America has made its own statement on the matter, with plans to defer its larger bonuses over a three-year period.
Investors to Obama: Reverse SEC Rulings
December 23, 2008 by Joseph McCafferty
More than 60 investors have called on President-elect Barack Obama to reverse Securities and Exchange Commission rulings that have allowed companies to exclude shareholder proposals on mortgage and environmental risks.
December 23, 2008 by Joseph McCafferty
More than 60 investors have called on President-elect Barack Obama to reverse Securities and Exchange Commission rulings that have allowed companies to exclude shareholder proposals on mortgage and environmental risks.
Mary L. Schapiro to Head SEC
December 18, 2008 by Joseph McCafferty
President-elect Barack Obama has selected Mary L. Schapiro to be chairwoman of the Securities and Exchange Commission. Schapiro, 53, is a former commissioner of the SEC.
December 18, 2008 by Joseph McCafferty
President-elect Barack Obama has selected Mary L. Schapiro to be chairwoman of the Securities and Exchange Commission. Schapiro, 53, is a former commissioner of the SEC.
Shareholder Activists Lobby Obama
December 15, 2008 by Joseph McCafferty
A group of more than 60 institutional investors, investment firms, and investor groups representing approximately $300 billion in assets submitted a letter to President-elect Barack Obama asking him to support shareholder rights.
December 15, 2008 by Joseph McCafferty
A group of more than 60 institutional investors, investment firms, and investor groups representing approximately $300 billion in assets submitted a letter to President-elect Barack Obama asking him to support shareholder rights.
Blagojevich Wanted Board Seats for His Wife
December 10, 2008 by Joseph McCafferty
Illinois Governor Rod Blagojevich was arrested on criminal charges on Tuesday, for trying to sell the U.S. Senate seat being vacated by fellow Democrat President-elect Barack Obama. Blagojevich intended to secure board appointments for his wife—making the Senate seat a packaged deal.
December 10, 2008 by Joseph McCafferty
Illinois Governor Rod Blagojevich was arrested on criminal charges on Tuesday, for trying to sell the U.S. Senate seat being vacated by fellow Democrat President-elect Barack Obama. Blagojevich intended to secure board appointments for his wife—making the Senate seat a packaged deal.
Glass Lewis Buys WAC
November 24, 2008 by Joseph McCafferty
Glass Lewis, the proxy firm, announced that it is buying Washington Analysis Corporation (WAC), which provides early warning of US public policies affecting financial markets and specific companies.
November 24, 2008 by Joseph McCafferty
Glass Lewis, the proxy firm, announced that it is buying Washington Analysis Corporation (WAC), which provides early warning of US public policies affecting financial markets and specific companies.
What Obama Means for Boards
November 18, 2008 by Directorship Editors
Poised as a nation at a point of economic divide, it is vital that directors anticipate and understand the character of this new administration.
November 18, 2008 by Directorship Editors
Poised as a nation at a point of economic divide, it is vital that directors anticipate and understand the character of this new administration.
Few Companies Volunteer ‘Say on Pay’
November 17, 2008 by Joseph McCafferty
As President-elect Barack Obama sets forth to take on Washington, legislation regarding say on pay is likely to be implemented early on. While boards are increasingly facing shareholder activist groups, very few companies are volunteering this approach as boards are weary of offering an advisory vote to shareholders.
November 17, 2008 by Joseph McCafferty
As President-elect Barack Obama sets forth to take on Washington, legislation regarding say on pay is likely to be implemented early on. While boards are increasingly facing shareholder activist groups, very few companies are volunteering this approach as boards are weary of offering an advisory vote to shareholders.
Looking to the New SEC Chief
November 7, 2008 by Joseph McCafferty
it would behoove market watchers to keep a close eye on who replaces Securities and Exchange Commission chairman Chris Cox, as securities regulation will inevitably play a significant role in the reconstruction of a strong global economy.
November 7, 2008 by Joseph McCafferty
it would behoove market watchers to keep a close eye on who replaces Securities and Exchange Commission chairman Chris Cox, as securities regulation will inevitably play a significant role in the reconstruction of a strong global economy.
Directors Agree: CEO Pay Too High
October 23, 2008 by Joseph McCafferty
A majority of directors who attended the National Association of Corporate Directors earlier in Washington this week agreed CEO pay is too high.
October 23, 2008 by Joseph McCafferty
A majority of directors who attended the National Association of Corporate Directors earlier in Washington this week agreed CEO pay is too high.
Treasury Secretary Buffett?
October 9, 2008
As the presidential campaigns continue to address voter’s concerns on a waning economy, both candidates have expressed who their pick for Treasury secretary might be: Warren Buffett.
October 9, 2008
As the presidential campaigns continue to address voter’s concerns on a waning economy, both candidates have expressed who their pick for Treasury secretary might be: Warren Buffett.