The board "won't install a woman as CEO simply to appoint a woman.” According to the bank's governance statutes, the four non-executives directors on ...
Kangmei was found to be responsible for fabricating financial statements, and its independent directors were ordered to compensate investors...
Stakeholders in the group can decide on the future of the organization by buying governance tokens, which are cryptocurrencies tied to a specific ...
... it as something much bigger: “The Great Rephrasing of corporate America. ... equal to the audit committee, the corporate governance committee, ...
“People, particularly the younger generations, millennials and below, are taking enterprises to task,” said Russell Glass, CEO of Headspace Health, implying that customers will no longer support companies they don't truly believe in...
While Activision Blizzard CEO Bobby Kotick has been defending his company against harassment allegations that have led to an employee walkout and a lawsuit by California’s Department of Fair Employment and Housing, a new report from the Wall Street Journal alleges he has been aware of the issue for years, but withheld it from Activision’s board of directors...
Broadridge CFO Edmund Reese talks trends that are impacting the fintech's growth...
At most companies, the glory in the C-suite has typically gone to the executives who dream up new products, plot bold market expansions, or out-innovate the competition with money-gushing patents. Think Target’s chief merchant or Tesla’s CFO...
A survey from PwC of around 800 corporate directors found that 47% believe a fellow director on their board should be replaced, and of those almost one-fifth (18%) believe multiple directors should leave...
This past August, Sethi was named to the board of directors of the security technology company ForgeRock. Joining a board had been a goal of hers ...
As we enter the last few months of 2021, pressure around ESG action is coming at companies from all sides. Investors are looking for robust plans, governments and other regulators are imposing ESG rules and guidelines, and employees, clients, and customers are increasingly concerned with working for and supporting companies that share their values...
Boards of directors have undergone a number of pivotal moments in the wake of the COVID-19 pandemic and the racial justice movement spurred by the murder of George Floyd in 2020. In some cases, the demands of board members have irrevocably expanded...
Alarm bells are ringing in the wake of the Intergovernmental Panel on Climate Change’s recent report, which sounded a “code red for humanity.” Scientists’ predictions for climate impact on our global ecosystems and livelihoods are startling...
The calls to diversify board leadership are justified for many reasons. First, it’s about time corporate leadership started looking like the rest of the employee base and the customers they serve. Second, diverse leadership can have a positive, cascading effect on inclusion and company culture...
Most corporate directors I speak with these days say they face rapidly rising expectations. Overseeing succession, strategy and financial performance were the board’s traditional triad. But now, directors must master a host of new technology challenges as well as issues of corporate culture, talent, diversity and inclusion, climate and public trust...
When the pandemic struck last year, many CEOs across the globe announced they’d cut their own salaries. Now that we’re 17 months into this crisis, it prompts the question: Did business leaders go through with this pledge?...
Critics of stakeholder capitalism and ESG— corporate leadership based on environmental, social, and governance metrics—have been out in force over the last ...
The theme was environmental, social, and corporate governance , so the IPCC report was a hot topic. In the document, the world's top climate ...
Consider corporate governance guidelines, which describe how board members are supposed to make their decisions. If a company is moving “away ...
As the IPO date ticked closer, investors became increasingly wary of the company as it revealed its financials and its questionable corporate governance ...
For about seven years, she tried to get on a corporate board, Moyo said. ... But government needs to partner with corporate boards in order to make ...
How challenging is it to find women—including women of color—for your public board? It’s actually not that hard, according to Max Simkoff, CEO of real estate tech startup Doma...
Law firm Perkins Coie announced Wednesday an initiative to increase the number of Black men and women on S&P 500 corporate boards to one in eight by 2028. The program, dubbed the Black Boardroom Initiative, is backed by Deloitte , Amazon, Microsoft, Starbucks, and Zillow...
When Nasdaq president and CEO Adena Friedman drove a rule change requiring companies to disclose the diversity of their boards , she knew there would be some pushback...