Tesla Chair’s Vote: A Test For Stakeholder Capitalism?
Shareholders will have to decide if the board chair deserves ouster for poor governance practices—or a vote of confidence for guiding the company to outsized share price appreciation.
Shareholders will have to decide if the board chair deserves ouster for poor governance practices—or a vote of confidence for guiding the company to outsized share price appreciation.
As a recent webcast made clear, determining actionable strategies that key stakeholders believe make most companies successful is proving difficult.
Some might interpret the move as a statement that white directors resigning is the only way to bring diversity to the board. That’s not what this is about.
CEOs and directors are uniquely positioned to set the tone of how their companies deal with racial inequities inside their companies, and by extension, in America at large.
The new resolutions represent a broader set of concerns about how companies are handling human rights and civil rights issues.
As pressure mounts for companies to end business shutdowns and begin operating as close to normal as possible, directors need to be aware of their risk.
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