As a wave of mandatory retirements breaks over boards, nominating and governance committees are recruiting and onboarding a passel of new directors to fill the empty seats.
…
Delayed Retirements Now Due
According to SEC filings analyzer MyLogIQ, other boards such as BB&T , Caterpillar , Dr. Pepper Snapple Group, Edison International, Hanesbrands, Hess, Mattel, S&P Global, TE Connectivity and Western Union saw a board member leave due to mandatory retirement policies.
Furthermore, American International Group, Becton Dickinson, Citigroup, Comcast, Genuine Parts, International Paper, Motorola Solutions and Total System Services each bid farewell to at least two directors in 2017 due to mandatory retirement age.
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial…
The pay gap between CEOs and their employees has widened over the past half decade,…
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly…
Elon's Musk's $56 billion pay package's upheaval, a hedge fund sanctioned for failing to preserve…
Disclosures about directors' skills and expertise are increasingly coming under the microscope as investors ramp…
On Jan. 1, several of the nation's biggest companies — including Morgan Stanley, Kraft Heinz,…