Roughly a dozen S&P 500 companies expanded the size of their boards during the past three months in order to recruit new directors at companies including Danaher, General Mills, Medtronic and Discover Financial Services. The data comes from public company intelligence provider MyLogIQ.
The expansion continues a trend of the past few years in which new directors — particularly those who can bring certain digital, technology or human capital oversight skills while also enhancing board diversity — are recruited onto boards without a longer-tenured director stepping down prior to the appointment.
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,…