Remember when the fight over CEO pay revolved around performance? Now, Abigail Disney and her supporters seem to be saying performance doesn’t matter, either— it’s only about the pay.
Two boardroom battles in May demonstrate how important the clear communication of business strategy is when fighting off challenges from activist investors.
When it comes to the Fiat-Renault merger, it’s the personalities who are – and aren’t – in the C-suites of these companies driving the action, while their directors basically look on for now.
John Lundgren, who retired as chairman and CEO of Stanley Black & Decker in 2016, reflects on the experience of combining two American icons.