Russell 3000 Companies Grow Black Directors By 10%, But 60% Still Don’t Have One
As pressure from institutional investors grows to diversify, Nom-Gov chairs should ensure that slates for new directors include diverse candidates.
As pressure from institutional investors grows to diversify, Nom-Gov chairs should ensure that slates for new directors include diverse candidates.
Proactive strategies have convinced investors to scale back the number of board members they want to replace, from nine to five.
Boards are increasingly being held responsible for climate change related natural disasters, fraud and corruption allegations, and various other ESG-related lawsuits.
The latest effort from Congress is not assured of becoming law, but it does show which ways the winds are blowing.
The Board Challenge co-founder talks about the challenges facing the board diversity movement and how directors could be doing more.
As such proposals become more commonplace, companies will need to be prepared to bolster their reasons for dismissing shareholder requests.