Boards are under pressure to evolve. In order to be well-positioned to oversee long-term value creation, directors know their boards need the right expertise and experience – including directors with diverse backgrounds. And boards are increasingly considering diversity of gender, race, age, thought, skills, and industry experience.
Director-Shareholder Insights: Board composition – Key trends and developments
Many investors and other stakeholders want to know that boards and their nominating and governance committees are appropriately considering director nominees.
Companies still slow to respond to shareholder requests, according to the CII
A review of CII’s 2016 letter writing campaign targeting majority-supported shareholder proposals and “zombie” directors finds that companies remain slow to respond to shareholders' expressed wishes.
Board composition insights by industry
Looking at board composition and refreshing the board is critical to the board's ability to stay current, focused on enhancing long-term shareholder value, and fit for the future. What is the right mix for your industry?