A twist, but hopefully not twisted . . . a slightly different take on developments likely to impact corporate governance in 2020. A list that doesn’t mention shareholder activism, cybersecurity, climate risks, nor SEC regulation. What follows are perspectives offered from a slightly higher altitude but still within sight of the tarmac.
The National Association of Corporate Directors’ (“NACD”) annual Public Company Governance Survey (the “Survey”) is an important resource for corporate boards and their primary committees.
Private equity firm TPG saw a flurry of bad press in 2019 when an executive heading its prominent Rise Fund was arrested and then fired for his alleged role in a college-admission cheating scandal. But the $119 billion in assets firm overseen by co-CEOs Jim Coulter and Jon Winkelried pressed on with Rise, a $4 billion platform dedicated to social and environmentally-driven investments, and TPG quietly ended the year setting a new standard in the $2 trillion private equity industry when it comes to diversity.
As 2019 winds down, it may feel like this very short holiday season is racing by. We try to carve out time for friends and family, but many C-suite leaders and board directors are pulled in other directions, closing the books on their fiscal year as well as their calendar year.
2019 was an extraordinary year in terms of corporate governance developments. A combination of social, political, regulatory and constituent pressures rattled conventional fiduciary wisdom in unprecedented ways for organizations across the corporate spectrum. In addition, important judicial decisions shifted the needle on fiduciary oversight duties. Collectively, these developments underscored the increasing importance attributed to the role of corporate board member.
US small-cap companies are lagging their larger peers in adding female directors to boards, according to research by the National Association of Corporate Directors (NACD).
NEW YORK, Dec 11 (Reuters) - U.S. corporations with market capitalizations of less than $2 billion have been slower than larger companies to appoint more women to their boards of directors, according to an annual study from the National Association of Corporate Directors (NACD).
What makes a leader? Is it the skills they have learned? The impact they have made on the world? The people they inspire? To Cari Dominguez, an undisputed leader in finance, consulting, federal government, and nonprofit work, it’s all of those things, plus one more: a deep-rooted understanding of both who they are and what the world needs from them.
In boardrooms throughout the corporate landscape, ESG is the acronym of the moment. Standing for Environmental, Social and Governance, ESG refers to a company’s adherence to principles that assure care for the planet’s resources, respectful treatment of all people, and actions promoting equality and fairness throughout the organization.
Diversity — gender, racial, ethnic, age — appears on just about every list of key governance issues and concerns for public company boardrooms as we enter the third decade of the 21st century.