Boards & Shareholders

A handful of drug makers have lost their battle with investors who had submitted proposals seeking more information on the potential link between executive compensation packages and rising drug prices.

The New York State Common Retirement Fund, the third largest public pension fund in the United States, says it will vote against board directors standing for re-election at companies that have no women on their boards.

The Man From the FCPA asks, “What is the role of a board of directors in hiring senior executives, chief compliance officers, and even other board members?” Both fiduciary risk and exposure for the board of directors cannot be overlooked.

What is the board’s role in succession planning? At a bare minimum, a board should assure there is a pipeline of qualified candidates for its own succession planning.

A new report says the lure of cross-border investors is doing as much to demand corporate best practices as government rule regimes.

A look at some best practices for chief compliance officers to follow when reporting to the board of directors.

Bluegreen Vacations, a vacation ownership company, has named Jorge de la Osa as executive vice president, chief legal and compliance officer.

Gun bans and NRA boycotts may just be the start of new risk management strategies and corporate governance reforms. The true test of corporate mettle will come as the media furor dies down.

Welbilt, a global provider of commercial foodservice equipment, has nominated Janice Fields to stand for election to its board of directors at its 2018 Annual Meeting of Stockholders on April 27, 2018.

Many companies have an investigation protocol in place when a potential Foreign Corrupt Practices Act or other legal issue arises. Many boards, however, do not have the same rigor when it comes to an investigation, which should be conducted or led by the board itself, writes The Man From the FCPA.