Sonnenfeld: Qualcomm’s Board Could Regret Parting Ways With Jacobs
Qualcomm’s board was re-elected late last week, albeit with tepid support from shareholders, but the board could regret parting ways former CEO and chairman Paul Jacobs.
Qualcomm’s board was re-elected late last week, albeit with tepid support from shareholders, but the board could regret parting ways former CEO and chairman Paul Jacobs.
The percentage of Hispanics on Fortune 500 boards is stagnant, with 2.6 percent of board members being Hispanic as of summer 2017, and 2.5 percent at the end of 2015. Three-quarters of Fortune 500 companies have no Hispanic board members.
To avoid joining a board bound for disaster, start by asking yourself these questions.
Would your board be ready to respond if a large shareholder asked the company to join the more than 450 U.S. public companies that have adopted proxy access?
Now that Trian’s Nelson Peltz has won a seat on the Proctor & Gamble, it’s time for the board and Peltz to work together to move the company forward.
This experienced board observer sees a lot happening, but P&G’s “too close to call” case doesn’t constitute a trend. At least not yet.
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