Prepare for the Unforeseen
September 22, 2008 by Joseph McCafferty
What should boards do to prepare and perhaps avert the next crisis? Directors and corporate governance experts sift through the collapse of so many once prestigious Wall Street firms to find answers.
September 22, 2008 by Joseph McCafferty
What should boards do to prepare and perhaps avert the next crisis? Directors and corporate governance experts sift through the collapse of so many once prestigious Wall Street firms to find answers.
Delaware to Decide Who Pays
July 10, 2008 by Joseph McCafferty
It was Robert Giuffra Jr. versus Michael Barry yesterday in Delaware Supreme Court where the two lawyers made oral arguments in what is considered a history-making case involving the state's proxy reimbursement bylaw.
July 10, 2008 by Joseph McCafferty
It was Robert Giuffra Jr. versus Michael Barry yesterday in Delaware Supreme Court where the two lawyers made oral arguments in what is considered a history-making case involving the state's proxy reimbursement bylaw.
Court to Hear Arguments on Who Pays
July 8, 2008 by Joseph McCafferty
Oral arguments are expected to be heard tomorrow in the Delaware Supreme Court which has been asked by the Securities and Exchange Commission to weigh in on who -- companies or shareholders -- should bear the costs of a campaign to seat a minority slate of directors.
July 8, 2008 by Joseph McCafferty
Oral arguments are expected to be heard tomorrow in the Delaware Supreme Court which has been asked by the Securities and Exchange Commission to weigh in on who -- companies or shareholders -- should bear the costs of a campaign to seat a minority slate of directors.
Court to Weigh Who Pays for Proxy Fights
June 30, 2008 by Joseph McCafferty
The Delaware Supreme Court was asked by the Securities and Exchange Commission to weigh in on who -- companies or shareholders -- should bear the costs of a campaign to seat a minority slate of directors.
June 30, 2008 by Joseph McCafferty
The Delaware Supreme Court was asked by the Securities and Exchange Commission to weigh in on who -- companies or shareholders -- should bear the costs of a campaign to seat a minority slate of directors.
How to Pay Yourself Handsomely
May 5, 2008 by Joseph McCafferty
Recent trends in compensation prompt the law firm Gibson, Dunn & Crutcher to to issue some new advice to directors on how they should approach paying themselves.
May 5, 2008 by Joseph McCafferty
Recent trends in compensation prompt the law firm Gibson, Dunn & Crutcher to to issue some new advice to directors on how they should approach paying themselves.
Jobs Under Fire Again for Backdating
April 25, 2008 by Joseph McCafferty
CEO Steve Jobs is once again under fire for Apple's participation in backdating stock options.
April 25, 2008 by Joseph McCafferty
CEO Steve Jobs is once again under fire for Apple's participation in backdating stock options.
Boards Not Listening?
April 9, 2008 by Joseph McCafferty
Very few directors will find shareholders withdrawing support --study conducted by The Corporate Library, reported that out of 3,000 U.S. companies, 18 directors did not receive support from the majority of shareholders at 2006 and 2007 annual meetings—but when they do, boards seldom listen to them.
April 9, 2008 by Joseph McCafferty
Very few directors will find shareholders withdrawing support --study conducted by The Corporate Library, reported that out of 3,000 U.S. companies, 18 directors did not receive support from the majority of shareholders at 2006 and 2007 annual meetings—but when they do, boards seldom listen to them.
New Board Members named at Fannie Mae, Charlotte Russe, DuPont and More
October 29, 2007 by Directorship Editors
Fannie Mae appoints John C. Sites, Jr. to board of directors. Charlotte Russe's Mark Rivers leaves the board while Herbert Kleinberger joins. DuPont board elects Lockheed Martin EVP.
October 29, 2007 by Directorship Editors
Fannie Mae appoints John C. Sites, Jr. to board of directors. Charlotte Russe's Mark Rivers leaves the board while Herbert Kleinberger joins. DuPont board elects Lockheed Martin EVP.
George Clooney Joins Board of Enviro-Startup and Other Board Appointments
October 24, 2007 by Directorship Editors
CarMax, Inc., the nation’s largest retailer of used cars, announced today that its board of directors has elected Shira D. Goodman, executive vice president of marketing at Staples, Inc., and Ronald E. Blaylock, founder, chairman and CEO of Blaylock & Company, Inc., to serve on the board.
October 24, 2007 by Directorship Editors
CarMax, Inc., the nation’s largest retailer of used cars, announced today that its board of directors has elected Shira D. Goodman, executive vice president of marketing at Staples, Inc., and Ronald E. Blaylock, founder, chairman and CEO of Blaylock & Company, Inc., to serve on the board.
New Board Members Named at Coca-Cola, Atari, and More
October 19, 2007 by Robert Dilenschneider
Coca-Cola Co. has announced that its board of directors elected former U.S. Secretary of Labor Alexis M. Herman as a director of the company.
October 19, 2007 by Robert Dilenschneider
Coca-Cola Co. has announced that its board of directors elected former U.S. Secretary of Labor Alexis M. Herman as a director of the company.
Loews Adopts Majority Voting for Directors
October 10, 2007 by Joseph McCafferty
Holding company Loews Corp. has amended its by-laws so directors will now be elected by a majority vote, rather than a plurality vote.
October 10, 2007 by Joseph McCafferty
Holding company Loews Corp. has amended its by-laws so directors will now be elected by a majority vote, rather than a plurality vote.
New Board Members Named at Hershey, Millennium, Ventas, and Harmonic
October 5, 2007 by Michael Ross
Fannie Mae appoints John C. Sites, Jr. to board of directors. Charlotte Russe's Mark Rivers leaves the board while Herbert Kleinberger joins. DuPont board elects Lockheed Martin EVP.
October 5, 2007 by Michael Ross
Fannie Mae appoints John C. Sites, Jr. to board of directors. Charlotte Russe's Mark Rivers leaves the board while Herbert Kleinberger joins. DuPont board elects Lockheed Martin EVP.
Sir Roy Anderson joins Glaxo Board, and More Board News
October 2, 2007 by Stuart H. Gelfond
eBay announces management changes, McCormick & Co. names new president and CEO, Glaxo appoints a new board member, and other board news.
October 2, 2007 by Stuart H. Gelfond
eBay announces management changes, McCormick & Co. names new president and CEO, Glaxo appoints a new board member, and other board news.
NACD: ‘The Voice of Directors’
October 1, 2007 by Gretchen Michals
“The sweet spot” is how Ken Daly describes his place as president and CEO of the National Association of Corporate Directors. Daly was named last May to head the 30-year-old not-for-profit association based in Washington, D.C. He succeeds Roger Raber, who ran NACD from 1999 until his retirement earlier this year. During Raber’s tenure, NACD membership grew 300 percent and its influence flourished as an educator, adviser, and commentator on board-related issues. “We want to help members understand how to be better directors,” says Daly.
October 1, 2007 by Gretchen Michals
“The sweet spot” is how Ken Daly describes his place as president and CEO of the National Association of Corporate Directors. Daly was named last May to head the 30-year-old not-for-profit association based in Washington, D.C. He succeeds Roger Raber, who ran NACD from 1999 until his retirement earlier this year. During Raber’s tenure, NACD membership grew 300 percent and its influence flourished as an educator, adviser, and commentator on board-related issues. “We want to help members understand how to be better directors,” says Daly.
The Battle Brewing Over Director Elections
October 1, 2007 by Aaron Bernstein
The corporate-governance battle looming over Washington this fall revolves around the issue of proxy access. Last July, the Securities and Exchange Commission made good on a pledge by Chairman Christopher Cox to address shareholder demands for greater access to proxy ballots. But the two proposals voted on by the divided commission flatly contradict each other, with one allowing companies to continue excluding shareholder nominations to the board from corporate ballots and the other restricting them through tight guidelines.
October 1, 2007 by Aaron Bernstein
The corporate-governance battle looming over Washington this fall revolves around the issue of proxy access. Last July, the Securities and Exchange Commission made good on a pledge by Chairman Christopher Cox to address shareholder demands for greater access to proxy ballots. But the two proposals voted on by the divided commission flatly contradict each other, with one allowing companies to continue excluding shareholder nominations to the board from corporate ballots and the other restricting them through tight guidelines.
Wanted: Owners With Oversight
September 1, 2007 by Jeffrey M. Cunningham
Boards need more investor directors, not independent directors.
September 1, 2007 by Jeffrey M. Cunningham
Boards need more investor directors, not independent directors.
The Next Generation
September 1, 2007 by Django Gold
With CEOs accepting fewer directorship slots, who's filling their shoes?
September 1, 2007 by Django Gold
With CEOs accepting fewer directorship slots, who's filling their shoes?
Targeting Underperformers
June 1, 2007 by Directorship Editors
To activate boards and engage other directors as peers is part of Breeden's approach.
June 1, 2007 by Directorship Editors
To activate boards and engage other directors as peers is part of Breeden's approach.
For Directors, Political Climate Change Business After The Midterms
December 1, 2006 by Glenn Curtis
The Democratic Party has swept Congress in midterm elections.
December 1, 2006 by Glenn Curtis
The Democratic Party has swept Congress in midterm elections.