An array of companies, from Google's parent Alphabet to Whirlpool, have named new finance chiefs in the past year. That’s not surprising given the 2015 turnover rate of CFOs among S&P 100 companies at an astounding rate of roughly 25 percent. Consequently, investor relations and corporate communications executives are as likely to manage a CFO's transition as a CEO's during their career.
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Stock investors have had one sweet summer so far watching the markets edge higher. With the Standard & Poor's 500-stock index at record highs and nearing 2,200, what's not to like?
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Increasing the number of women in top management is a shared responsibility between companies and female employees with leadership potential: Korn Ferry.
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Some companies are building much more diverse employee bases while their boards remain heavily white and male.
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TSX Venture Exchange (TSXV), Canada's public venture market, has published its second progress report on its "Revitalizing TSX Venture Exchange" initiative.
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A group of prominent CEOs and investment managers has endorsed a set of corporate governance principles for U.S. public companies. Although these principles are not particularly provocative, they are built on two fundamental principles that are diametrically opposed to precepts of many activist investors and the corporate governance industry generally: businesses should be run for the long-term, and one-size-fits-all governance thinking is wrong.
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ISS launched its annual global benchmark policy survey this week as part of the review of its proxy voting policies. The survey will be open until Tuesday, August 30, 2016 at 5pm ET. ISS will then review the results to inform any updates to its policies ahead of 2017 annual shareholder meetings.
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Proxy access has come a long way. The mechanism allows major shareholders to nominate corporate director candidates on the company's proxy. Many institutional shareholders regard it as a tool to hold boards accountable.
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