Some Common-Sense Advice for New Directors
October 15, 2009 by Herbert S. Winokur
First, and most importantly, remember that directors direct and managements manage.
October 15, 2009 by Herbert S. Winokur
First, and most importantly, remember that directors direct and managements manage.
The New Degree – Masters of Corporate Governance
October 12, 2009 by Django Gold
The financial crisis has altered the perception of what directors need to know.
October 12, 2009 by Django Gold
The financial crisis has altered the perception of what directors need to know.
Heidrick Taps Gwin to Lead Board Practice
October 2, 2009
Heidrick & Struggles has announced the appointment of Bonnie W. Gwin to head its North American Board Practice unit.
October 2, 2009
Heidrick & Struggles has announced the appointment of Bonnie W. Gwin to head its North American Board Practice unit.
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.
ICGN Conference Draws Support
July 17, 2009 by Joseph McCafferty
The International Corporate Governance Network held its annual conference in Sydney, Australia this week, drawing together 420 delegates from 37 countries.
July 17, 2009 by Joseph McCafferty
The International Corporate Governance Network held its annual conference in Sydney, Australia this week, drawing together 420 delegates from 37 countries.
Who Wants to Be a Wall Street CEO?
June 25, 2009
Is it any wonder that the financial services industry saw the highest rate of forced succession last year.
June 25, 2009
Is it any wonder that the financial services industry saw the highest rate of forced succession last year.
Hiring a CEO: How to Move Beyond the Classic Interview Script
June 23, 2009 by Les Berglass
Hiring a CEO leaves an indelible mark on any corporation. Choosing the right leader can revolutionize a company and create success for decades to come. But the wrong selection can easily take years to correct. As directors look back at their tenure serving on a corporate board, their proudest and, perhaps, saddest memories usually involve the selection of a new CEO.
June 23, 2009 by Les Berglass
Hiring a CEO leaves an indelible mark on any corporation. Choosing the right leader can revolutionize a company and create success for decades to come. But the wrong selection can easily take years to correct. As directors look back at their tenure serving on a corporate board, their proudest and, perhaps, saddest memories usually involve the selection of a new CEO.
Hedge Fund Targets Saks Board
May 19, 2009 by Joseph McCafferty
Saks, the luxury department store chain, is coming under fire from the hedge fund P. Schoenfeld Asset Management, which believes the retailer has underperformed its competitors and needs to change its corporate governance practices.
May 19, 2009 by Joseph McCafferty
Saks, the luxury department store chain, is coming under fire from the hedge fund P. Schoenfeld Asset Management, which believes the retailer has underperformed its competitors and needs to change its corporate governance practices.
Gantler Ruling Stresses Independence and Process
April 1, 2009 by Stuart H. Gelfond
The Delaware Supreme Court’s recent decision in Gantler v. Stephens reemphasizes that, when considering the merits of a sale of a company, even non-management “outside” directors must be aware of potential conflicts of interest which might be viewed as affecting their independence—especially when one of the options implicates management’s own interests.
April 1, 2009 by Stuart H. Gelfond
The Delaware Supreme Court’s recent decision in Gantler v. Stephens reemphasizes that, when considering the merits of a sale of a company, even non-management “outside” directors must be aware of potential conflicts of interest which might be viewed as affecting their independence—especially when one of the options implicates management’s own interests.
The Mediator
April 1, 2009 by Irv Becker
Colin Melvin, the CEO of Hermes EOS believes there is ‘rational self interest’ in directors and large investors talking to each other. Directorship spoke with Melvin just after news of the Satyam corporate fraud in India began making headlines and other fraud cases, such as the Bernard Madoff scheme, were coming to light.
April 1, 2009 by Irv Becker
Colin Melvin, the CEO of Hermes EOS believes there is ‘rational self interest’ in directors and large investors talking to each other. Directorship spoke with Melvin just after news of the Satyam corporate fraud in India began making headlines and other fraud cases, such as the Bernard Madoff scheme, were coming to light.
A New Agenda
April 1, 2009 by Ira Millstein
Corporate governance guru Ira Millstein explains why restoring trust means resetting our goals and rethinking our regulatory framework.
April 1, 2009 by Ira Millstein
Corporate governance guru Ira Millstein explains why restoring trust means resetting our goals and rethinking our regulatory framework.
Directors: Be Proactive with Government
February 20, 2009
A new report by The Corporate Library suggests a number of aspects that directors should address as part of their oversight role.
February 20, 2009
A new report by The Corporate Library suggests a number of aspects that directors should address as part of their oversight role.
Where was SOX?
December 1, 2008 by Charles Elson
Directors need to ask management tough questions these days--where was SOX?
December 1, 2008 by Charles Elson
Directors need to ask management tough questions these days--where was SOX?
S&P 500 Firms Average $2M on Board Comp
November 18, 2008 by Joseph McCafferty
S&P 500 index companies spend on average, more than $2 million on board compensation last year. The survey was based on compensation data from more than 3,000 public companies and 27,000 directors.
November 18, 2008 by Joseph McCafferty
S&P 500 index companies spend on average, more than $2 million on board compensation last year. The survey was based on compensation data from more than 3,000 public companies and 27,000 directors.
NACD Principles Earn Proxy Endorsement
November 14, 2008 by Joseph McCafferty
A set of principles set forth by the National Association of Corporate Directors has won the favor of Proxy Governance, Inc., a prominent independent proxy advisory firm.
November 14, 2008 by Joseph McCafferty
A set of principles set forth by the National Association of Corporate Directors has won the favor of Proxy Governance, Inc., a prominent independent proxy advisory firm.
C-Suite Inflates Credentials on Resumes
November 13, 2008 by Joseph McCafferty
A survey of 358 senior executives and directors at 53 publicly traded companies had revealed at least seven instances of claims that individuals had academic degrees they don’t have. After further scrutiny, the mishaps may have not been intentional and could have been caused by misunderstandings.
November 13, 2008 by Joseph McCafferty
A survey of 358 senior executives and directors at 53 publicly traded companies had revealed at least seven instances of claims that individuals had academic degrees they don’t have. After further scrutiny, the mishaps may have not been intentional and could have been caused by misunderstandings.
Annual Board of Directors Survey
October 27, 2008 by Joseph McCafferty
Heidrick & Struggles in collaboration with the Center for Effective Organizations (CEO) of the University of Southern California's Marshall School of Business, is conducting an annual survey of members belonging to corporate Boards of Directors.
October 27, 2008 by Joseph McCafferty
Heidrick & Struggles in collaboration with the Center for Effective Organizations (CEO) of the University of Southern California's Marshall School of Business, is conducting an annual survey of members belonging to corporate Boards of Directors.
Attend Directorship’s Boardroom Forum
October 27, 2008 by Joseph McCafferty
Join Ted Dysart when he leads a discussion on the new paradigms in executive recruitment and CEO succession at the Directorship Boardroom and Economic Forum - The Way Forward: Leadership in Challenging Times on December 2nd in New York.
October 27, 2008 by Joseph McCafferty
Join Ted Dysart when he leads a discussion on the new paradigms in executive recruitment and CEO succession at the Directorship Boardroom and Economic Forum - The Way Forward: Leadership in Challenging Times on December 2nd in New York.
Executive Turnover Slowing
October 6, 2008 by Joseph McCafferty
Surprisingly, executive turnover in the third quarter of 2008 has declined from the totals registered in 2007 and 2006, according to Liberum Research.
October 6, 2008 by Joseph McCafferty
Surprisingly, executive turnover in the third quarter of 2008 has declined from the totals registered in 2007 and 2006, according to Liberum Research.
Candid and Open Discussions Lead to Good Decision Making
October 1, 2008 by Judy Warner
While compliance and management succession are the two primary responsibilities of corporate directors, two other important duties include managing conflict and creating consensus on important decisions.
October 1, 2008 by Judy Warner
While compliance and management succession are the two primary responsibilities of corporate directors, two other important duties include managing conflict and creating consensus on important decisions.