Uber's board of directors on Sunday selected Expedia's Dara Khosrowshahi as the company's new CEO, according a person familiar with the decision ...
Among the issues to arise from this fight was a particularly nasty corporate governance revelation about a hidden pension liability that takes effect ...
"Whilst the U.K. is a world leader in many facets of corporate governance , that is not the case on board diversity" said a parliamentary report in April ...
More than a thousand current Uber employees have reportedly signed a letter to the startup's board of directors, appealing for former-CEO Travis Kalanick to be brought back "in an operational role...
Improving corporate governance in Japan means investors should not worry about the slow domestic economy there. Indeed, Japan is the only major country that is going through a structural improvement in corporate governance, and thus deserves special attention by global investors...
BoardProspects would like to share with our Members an op/ed by our Founder and CEO, Mark Rogers, which was published today by Forbes...
Ford Motor Chief Executive Mark Fields is leaving the company, and will be replaced by the head of its Ford Smart Mobility LLC subsidiary, James P. Hackett, the company will announce Monday morning, according to a person familiar with the situation...
Providing incentives and establishing accountability does not yield perfect control, and that is the No. 1 challenge for boards in the realm of corporate governance...
Klaus Kleinfeld stepped down on Monday as CEO of Arconic after the company’s board of directors discovered heused "poor judgment" by sending a letter to a senior officer of hedge fund Elliott Management without consultation or authorization by Arconic’s board...
It isn't often that corporate governance and regulation gets a chance to walk down the red carpet - but events at the Oscars in 2017 have thrown a spotlight on the role of accounting firms and their scrutiny. This is not just about PwC, or its brand...
Marketing-experienced executives are rarely invited to join boards of directors. In a recent study by Spencer Stuart, less than ½ of 1% of board members in the Fortune 1000 were held by active marketers...
A common exercise I use with coaching clients and in leadership courses is "Building Your Board of Directors" or "Creating Your Leadership Collective." It's a fantastic tool used to design a support network of sponsors, mentors, coaches and others whom you need when making challenging decisions and growing in your career. The great thing about this tool is that it can evolve with you as your career progresses and your needs change...
Corporate governance is now widely established as a measure of how well companies are run. It’s a bellwether for investors in determining the quality of a company’s management and the effectiveness of its board. As a result, governments competing to attract capital for economic development have intensified their focus on ...
President-elect Donald Trump steps outside the clubhouse to greet Jonathan Gray, member of the Board of Directors at Blackstone, before their meeting at Trump International Golf Club, November 20, 2016 in Bedminster Township, New Jersey. Trump and his transition team are in the process ...
In this article we examine what Advisory Boards can learn from Fiduciary Board best practices. Ron took over the family agricultural business when his ...
Over the life of a biotech, the role and contributions of the Board of Directors , and in particular the independent Board members, change. As drug ...
Directors are responsible to insure management makes the right decisions for the long-term best interests of shareholders. And legislators’ have passed multiple laws, such as Sarbanes-Oxley and Dodd-Frank, to allow the regulators, primarily at the SEC (Securities and Exchange Commission), to put real teeth (and enforcement) into directors’ responsibilities ...
What to expect from your board after you build it. What role does a board play in the strategic planning of the company? Use your board of directors to anticipate problems. Don’t wait until the fire starts to look for the exit doors! A good board makes the discussion about where you ...
Customer advisory boards, when organized and leveraged to their utmost potential, can provide a treasure trove of knowledge and insight for a company’s strategic direction and go-to-market model.
CEOs often ask us “Will I still be in control if I create a Board of Directors?” “Will they force decisions in the business in ways I don’t like or want?” Owners are hesitant to give the board authority and concerned their authority will be reduced in the new governance structure. The truth is there are many forms of control ...
In fact, the company had the second-highest executive compensation among all U.S. drug and biotech firms over the past five years. According to a Wall Street Journal analysis, Mylan paid a staggering $292.1 million in pay for its top five executives ...
We have grown up and our corporations also need to grow up. Maximizing the profits for shareholders does not take into account the “common good.” As members of a society, we have agreed to also give priority to making the world better for all people...
Many companies have adopted enlightened (at least in my view) governance practices, and shareholder engagement is increasingly becoming the norm—including engagement by board members. Additionally, many boards are taking steps ...
Change at the top of a company can be a sign to take a fresh look at a stock. Often times, a CEO’s departure can show that the board of directors is taking seriously the problems with a company that the market has been signaling for a while.....