In recent years, search firms have been flooded by requests for director candidates with cybersecurity backgrounds as boards seek to leverage this expertise when responding to rising cyber risks. …Over the past five years, companies in both the Russell 3000 and S&P 500 have seen the number of directors boasting cybersecurity expertise climb by the…
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…
Directors are approving pay raises for board leaders as investor scrutiny intensifies and as competition for new board members and leadership talent grows fiercer. Dozens of Russell 1000 companies opted to increase premiums paid to non-executive board chairs and lead directors in the past year, some even doubling retainers, according to pay data from public…
Boards have begun making small adjustments to director compensation programs, bringing cash and equity retainers up to market medians and making precision increases to committee and board leadership retainers after two years of leaving pay untouched. A look at 2022 proxy statements filed so far among Russell 1000 companies using public company intelligence provider MyLogIQ…
The average S&P 500 board of directors cost their companies $3.3 million in compensation with the average per board member pay hitting nearly $325,000 in fiscal year 2020. This represents a nearly 11% increase in compensation since 2016. We used our CompanyIQ® Director Compensation database to analyze board compensation trends for the past five compensation…
MyLogIQ is pleased to partner with NACD for a third year on Inside the Public Company Boardroom – 2021. As in the past, this year’s edition presents a snapshot of what public company boards look like in 2021. With data from our CompanyIQ® corporate governance database, this report allows public company boards to benchmark themselves…
NACD Directorship looks at cybersecurity oversight risk among S&P 500 companies. Some of the findings of their review of board leadership on digital practices include: Citrix, FedEx, General Motors, Hasbro, and Walmart make top grades for digital competency. …In short, boardroom leadership on digital governance makes a difference-a big one. …Director competencies are the starting…
This NACD Blue Ribbon report–The 2020 Update of the Diverse Board–uses CompanyIQ® corporate governance and diversity data to look at the critical ESG metric of diversity on corporate boards. This report was refreshed in 2020 from the original version published in 2012 with new data and guidance generated from more recent NACD Blue Ribbon Commissions…
The number of physicians on boards shot up in 2020. Some recruiters say this is part of a trend that has been on the rise for the past decade or longer, while others link the jump to the pandemic. In 2020, there were 578 medical doctors on Russell 3000 boards, up from 484 in 2019…
As companies seek to gird their reputations, boards are looking for new directors with deep corporate affairs backgrounds to help them oversee and safeguard an intangible asset that can swiftly erode. A short list of corporate affairs experts who have ascended to boardrooms in recent years includes Dee Dee Myers, the former Clinton administration White House…