The designation “kitchen sink committee” continues to be an apt moniker for the audit committee, as research shows it is getting saddled with cyber-security oversight more than any other board committee. However, new questions are emerging over whether audit committee directors have the right expertise to deal with these new responsibilities. Though investors are continuing… Continue reading Few Cyber Experts Named to Audit Committees
Tag: ESG
CIOs: Boards Don’t Get IT
Chief information officers and other tech executives have bemoaned boards’ lack of understanding about IT, cyber security and technology for years. But now a new website aims to bring some of those backroom concerns to boards’ attention. The Digital Directors Network, which launched this summer, is a new resource for board-level education on IT, technology and… Continue reading CIOs: Boards Don’t Get IT
How Companies Large and Small Pay Their Workers
A WSJ analysis of 1,111 companies finds size matters for pay — but other factors matter more. As U.S. companies disclose for the first time how much typical employees make, two factors are proving pivotal: the size of a company’s workforce and the economic sector in which it operates. Big Picture Public companies tend to… Continue reading How Companies Large and Small Pay Their Workers
Is Capital or Labor Winning at Your Favorite Company?
Publicly held corporations now must disclose their median employee compensation. Those numbers gave us an idea for a new analytical approach to an age-old struggle. Who benefits the most when a company is successful: its shareholders or its employees? Capital or labor? It is a question that speaks to some of the oldest debates in… Continue reading Is Capital or Labor Winning at Your Favorite Company?
At Walmart, the CEO Makes 1,188 Times as Much as the Median Worker
Walmart Inc. WMT -0.50% paid its median worker $19,177 last year, while Chief Executive Doug McMillon earned $22.8 million, according to a securities filing Friday. That places the retailer 10th among S&P 500 companies with the widest gap in pay between the CEO and a typical worker, based on an analysis of more than 330 firms that have disclosed the… Continue reading At Walmart, the CEO Makes 1,188 Times as Much as the Median Worker
See How Your Salary Compares
Over 1,000 companies, including Amazon, JPMorgan and Walmart, have disclosed how they compensate workers. Find out where your pay stands. For the second year, most publicly traded U.S. companies are disclosing how much a typical employee makes. Compare yourself with the median employee at particular companies or across an entire sector, using data from MyLogIQ.
Age Limits Fuel Surge of New Directors
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.… Continue reading Age Limits Fuel Surge of New Directors
Board Moves: Women Directors Now One-Third Strong
Two milestone, end-of-year board appointments made within a week of each other have increased the representation of women directors at two Fortune 100 companies. Women board members now make up one third of the directors at Allstate and Bank of America. In addition, the Allstate board is now made up of 50% women and directors of color, and… Continue reading Board Moves: Women Directors Now One-Third Strong