Incremental Progress Toward Gender Parity CompanyIQ® ESG data indicates that the gender balance on corporate boards is continuing to improve. Thirty-nine percent of incoming directors were women, while 61 percent of incoming directors were In light of the gender break- down of departing directors—86 percent were men and 14 percent were women—this has made the…
The forces that are shaping business are changing as much as they are intensifying, and with that comes evolving needs for board oversight. Given the extreme turbulence of 2020, NACD partnered with Main Data Group to empirically describe the size, shape, and structure of Russell 3000 boards. MyLogIQ also provided additional data to supplement our…
In the past decade, the number of outgoing CEOs who’ve stepped into executive chair roles has quietly tripled from single digits to two dozen or more. So far this year, there have been 13 such moves, with a few more companies still to file corporate proxies. In 2020, the list includes chair appointments at blue…
Boards are formalizing the approaches they take in evaluating and assessing the performance of independent chairs and lead directors, at times even decoupling succession planning for the role from CEO transitions as governance processes and structures evolve. Boards traditionally have looked to the director with the longest tenure who is also a former CEO to…
DOW 30 – A PROFILE OF ITS LEADERS
Getting more women into the corporate boardroom has been a high priority governance issue for several years globally. While there has been progress, has it been enough? According to data from MyLogiq, 30% of corporate directors are female for the companies in the Dow 30, while only 23% are female for companies in the Russell 3000…
With the current worldwide social movements for equity, it’s clear that ESG concerns over proportionate gender and ethnic representation will continue to be part of the discussion that corporate America has to have. Whether it’s California’s gender equity representation law for corporate boards or shareholder proposals on diversity, the conversation is no longer on the…
The biggest companies in the United States are about to report an overall negative earnings quarter for the first time since the Great Recession of 2009. In the wrenching wake of the pandemic, boards had better conserve cash against a sharp recession and corporate losses, financial experts say. That puts dividends in the cross hairs….
Companies are taking steps to shore up balance sheets with more cash on hand by drawing on credit facilities, suspending dividends, cutting spending and in some cases eliminating cash payments to CEOs, executives and board members as employees deal with business shutdowns. At such companies as Boeing, Booking Holdings, Darden Restaurants, Delta Air Lines, Kama Corp., United Airlines Holdings, Sabre Corp. and Steelcase, executives…
As investors continue to pressure boards to take up environmental, social and governance (ESG) issues, directors are facing the question of where that responsibility lies on the board. Should the full board be responsible for ESG oversight, or is the subject important enough for a stand-alone committee? Or, should already established committees take responsibility? Agenda readers are…