This collection of articles from NACD explores the ways in which the business community sees the status quo changing, embracing difference in order to thrive in the years ahead. In the case of staffing company TrueBlue, a period of major expansion caused the board and the C-suite to seriously consider whether they were composed to…
9% of S&P 500 CEOs in 2018 Were 50 and Younger – Young CEOs are rare in the S&P 500. As indicated by the CompanyIQ® SEC EDGAR database, only 45 of the 500 CEOs in 2018 were 50 and younger. 4 of the 45 Young CEOs are Women – Though they were not the youngest…
12 Shareholder Proposals on Sexual Harassment – The #MeToo sexual harassment movement has impacted companies in the 2019 proxy season through 12 shareholder proposals. As the CompanyIQ® SEC EDGAR search tool for proxy proposals indicates, six of the 12 are directly related to preventing sexual harassment. The other six are related to efforts to remove…
A union job at a shipyard, mine or factory usually comes with a steady paycheck, but some U.S. industrial companies are having a hard time figuring out who their typical workers are and how much they make. Several S&P 500 companies in the industrials and materials sector posted big swings in what they said their…
24 S&P 500 CEOs Belong to the Thousand Times Plus Club – Our CompanyIQ® SEC EDGAR database review of the 491 proxy statements filed by S&P 500 companies as of April 30, 2019 indicates that 24 CEOs made more than 1,000 times their employees’ median annual salary in 2018.
McDonald’s Corp. (NYSE: MCD) has been among the American companies that pay its workers the least. As some evidence of the ongoing pay problem at the fast-food chain, the U.S. Securities and Exchange Commission has released the compensation of McDonald’s CEO Stephen Easterbrook. He was paid $15.9 million in 2018. That is 2,124 times the median…
Former Vice President Joe Biden (D., Del.) is running for President again. And one of Donald Trump’s 2016 rivals thinks that Mr. Biden is the most formidable of the potential 2020 rivals. The website Mediaite notes that former New Jersey Governor Chris Christie, who ran against Mr. Trump in the last round of Republican primaries, sees a potential GOP problem…
It was a fruitful year for the rank and file at oil-and-gas companies, from Exxon Mobil Corp. XOM 0.25% to Phillips 66. PSX -2.57% Oil-and-gas drillers and refiners had some of the highest-paid median workers in the energy and utility sectors in 2018, according to The Wall Street Journal analysis of annual pay disclosures for hundreds of big U.S. companies as provided by…
Chief executives have long earned some of the largest paychecks in America, but at what point does their compensation defy reason? If you’re Abigail Disney, the granddaughter of the Disney company’s co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year. In a series of…
Income inequality is a growing problem in the United States. In cities across the country, the rich are getting richer while the poor are getting poorer. Perhaps nowhere is the problem more apparent than in the corporate world. In some of the largest and most recognizable global companies, chief executives earn in less than an hour…