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.
Influential business leaders release “commonsense” governance principles
In this edition of our biweekly newsletter, we report that a group of business leaders released commonsense governance principles that address board composition and diversity issues.
Across the boards: Views from the financial services boardroom
Composition has become a priority for financial services boards simply because they need specialized expertise to oversee day-to-day compliance activities, according to PwC’s 2015 Annual Corporate Directors Survey.