Archive | Board Selection
U.S. Stock Exchange Sets Diversity Rules
SEC Diversity Requirements For the past several years, increasing board diversity has been a pressing item for public companies—and not without good reason. In 2018, a Boston Consulting Group study found that companies, with diverse leadership, had higher revenues from new products and services (an indicator of successful innovation) as well as higher EBIT margins. […]
Insights on Current Board Demand
In 2019, public companies were facing pressure from investors and proxy advisors to add women and minority directors to their boards. Prominent proxy advisors, ISS and Glass Lewis, both established policies which recommended voting against the Nomination and Governance chairs of companies with no female directors. State Street Global Advisors and BlackRock have similarly demonstrated […]
The Grid Board Seat Selection Method
A typical approach to the selection process for board appointment is the grid matrix. The grid functions as an easy way to identify the different areas of expertise and experience that the directors on a board lack now or will lack in the future. The grid matrix is formatted with the board’s desired backgrounds listed […]
