The ability of dissident shareholders to annually place proxy proposals that get handily defeated each year should be curtailed to allow shareholders and board members to focus on serious issues germane to the operation of the company...
Social media: A friend and a foe! Powerful “level playing” platform, yet a mechanism for exposure to legal snafus. Avoid ad-hoc tweeting. Breathe and deliberate before you tweet!!...
Like outstanding entrepreneurs before him, there comes a time when breaking all the rules has adverse effects. For Musk and Tesla, this time is now. To improve the business, the board of directors needs critical skills and experience. - here are recommendations...
A new-look board could allow Tesla to re-examine its product lineup and provide needed oversight of the occasionally erratic Musk...
No doubt, boards benefit from a range of viewpoints represented by differing backgrounds, life experiences and ages. But, it has been shown that there are added benefits from gender diversity...
The National Jack in the Box Franchise Association Tuesday asked the chain’s CEO Lenny Comma to step down, and for the board of directors to replace certain members of management. Comma has been chairman of the board and CEO of Jack in the Box since January 2014...
The Madison Square Garden Company announced progress towards the spin-off of its sports business by filing a confidential initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission. Spin-Off currently expected to be completed during the first half of 2019...
What a difference a year makes ... In Steve Wynn was riding high at Wynn and Elaine Wynn was trying to get back into her company. Now Steve's gone and Elaine, well she's..
With the growing volley of corporate governance scandals along with the additional obligations placed on boards, are expectations of a mythical form of "supergovernance" in large firms misaligned with capabilities?...
The Brett Kavanaugh confirmation hearings have provided an unexpected corporate governance lesson: the need for boards to take a very close look at their company’s code of conduct, and how it would address similar allegations and matters of procedural fairness...
Having worked on a number of Canada's largest M&A transactions as well as proxy fights, Dexter has deep expertise in corporate governance...
It is up to Tesla's board now, but I believe Musk's removal as CEO is the only outcome that would leave Tesla’s board with any credibility with the financial markets...
The roles played by active investment managers in price discovery, governance and capital formation are essential, Robert Sharps, group chief investment officer for the active concentrated T. Rowe Price Group said...
With no mechanism to hold CEO Evan Spiegel accountable for his missteps, Snap’s investors can only watch the company’s ongoing struggles with frustration...
Long-time Musk allies dominate the electric-car maker's board and there's no sign they're going to intervene despite mounting problems and distractions for the company created by the CEO's behavior...
In the aftermath of a sexual harassment scandal, is it really that important to ensure that half of your company’s new board members are female? On Monday, CBS announced the appointment of six new board members, three of whom are women. The announcement comes in the wake of the abrupt departure of Leslie Moonves, who resigned as chief executive amid sexual harassment accusations by a number of women. Moonves is yet another casualty in the long list of men taken down by the #MeToo movement...
Alibaba is showing the West the blueprint for corporate governance and succession planning...
I highlight a company that should adopt ROIC as a performance measure before an activist comes in and does it for them...
Former CEO of Pepsi and Apple John Sculley has seen a lot and done a lot in his career including teaching Steve Jobs a thing or two...
Do board directors have a shelf life? If so, how do boards go about evolving and ever-improving their composition? Here are some suggestions...
Over the past decade, billions of dollars in assets flowed from actively managed funds into passive investments. While passive in name, institutional investors are becoming more active than ever, pushing companies to adopt corporate governance practices and focusing on long-term shareholder value...
Darden Restaurants is a lesson to managers. Stay focused on creating shareholder wealth...
New Ferrari CEO Louis Camilleri addressed the company's future and falling share price while discussing second quarter financial results with analysts, just ten days after being named to replace the late Sergio Marchionne...
