Directors & Boards

Home | Subscriptions | Articles Archive | Current Issue | Back Issues | ShoppingDirectors & Boards
Advertising | List Rental | Editorial Calendar | Background | Contact Us 


 

Directors & Boards
2013-2014 Director Education Webinars

NEW!
Rocking the Boat: The Growing Impact of Shareholder Activism and What Directors Need to Know and Do

Wednesday,
November 5, 2014
2pm EDT/11am PDT





What Directors Need to Know About Compensation...and When to Vary From Investor Pay Guidelines

Originally broadcast
September 23, 2014





What Directors Need to Know about Board Evaluations, Part Two:
Moving from Fundamentals to True Strategic Value

Originally broadcast
September 18, 2014





Board Evaluations:
Best Practices Can Create Strategic Advantages in the Boardroom

Originally broadcast
Tuesday July 22, 2014





What to Do and How to Do It:
Fiduciary Responsibilities of the Board in Managing Investigations and Potential Crises

Originally broadcast
Tuesday June 3, 2014



Subscription Information
New Subscription—Individual
New Subscription—Board
Subscription Renewal
Gift Subscription
Address Change
Free Monthly e-Briefing

Directors & BoardsArticles

Essential reference advisories on:

Audit Committees
Crisis Management
D&O Insurance
Director Recruiting
Director Compensation
Duties of Directors
Executive Compensation
Performance Evaluation
Succession Planning

…and much more. Easy ordering of back articles from our archives.

Advertising Center

For print, web and email advertising and sponsorship information, and our 2014 media kit, click HERE.


Recent Print Editions

Annual Report 2014
Second Quarter 2014
First Quarter 2014
Fourth Quarter 2013

30th Anniversary Issue
20th Anniversary Issue
History of Governance Issue
Back Issue Archive


Mission Statement
About Us
Other Governance Links
For Family Business Directors
Guest Book

Past Editorial Contributors
Editorial Submission Guidelines


Learn more and register

Featured Article

Directors to Watch 2014

Edited by Scott Chase



Activism, as many directors have discovered, comes in many different varieties. For some, aggressive shareholders disrupting annual meetings, pushing inconvenient votes, or requesting sensitive information are at the perigee of one-share-or-more owner empowerment. For others, activism in the digital age has taken a different form, with agitators sometimes having no stake whatsoever in the targeted company itself, but rather in an ideal or a cause that affects the boardroom and often the company’s reputation.

Boards that pay lip service to the concept of gender diversity but take no easily discernible action to achieve it have come under the microscope of groups that seek to drive inclusion. Such is the case with Monster Beverage Corporation, which earlier this year was criticized for recommending a vote against a board diversity proposal. The 2020 Challenge, “a national campaign to increase the percentage of women on U.S. company boards to 20% or greater by the year 2020,” authored by 2020 Women on Boards, led the charge on this effort, demanding that the company “comply with California Resolution 62 and add at least two women” to its board. While denouncing the energy drink bottler, 2020 Challenge at the same time showered kudos on the boards of PepsiCo, Inc. (36% women), Dr. Pepper Snapple Group, Inc. (33% women), and Coca-Cola Company (24% women).

Board and CEO search firm Heidrick & Struggles two months ago released the results of research on gender diversity that The Washington Post opined blended good news with bad. Here’s the good news: Bonnie Gwin, vice chairman and managing partner of the executive recruiter’s North American board practice and frequent contributor to Directors & Boards, said, “Corporations are bringing women onto their boards of directors in increasing numbers. That will result in greater diversity of thinking and, ultimately, better governance and wider-ranging strategic insights.”

And here’s the bad: Despite a greater appreciation for the benefits of diverse insight, research by Gwin’s team shows that current rates of movement on corporate board composition indicate that women will hold half of Fortune 500 board seats for the first time 28 years from now in 2042. But, Gwin, noted, there are a number of fairly recent developments that could accelerate this march.

Sure to be part of the process will be groups like Diversity in the Boardroom, WomenCorporateDirectors, Boardroom Bound, and dedicated executives and professionals like the ones profiled below in Directors & Boards’ ninth annual class of Directors to Watch.

Download a pdf of the entire Directors to Watch article.

Read More…

In the Current Issue:

3rd Quarter 2014 cover

Third Quarter 2014

 

Invited to Join a Bank Board?
There are compelling reasons to accept, but sobering risks come with the role.

Antidotes To a Board's Going Stale
Boards must constantly self-renew because great governance requires directors who are on top of their game.

Board Vetting in the Digital Age
The definition and mechanics of ‘background checking’ have changed over the years, but the guiding principles of full and forthcoming disclosure remain the same.

In This Month's e-Briefing:
(Sign up for a free subscription)

‘Frankly, It Makes Me Suspicious . . .’
A treasured note from the archives.


By Jim Kristie

The big initiative was wrapping up the Third Quarter edition of Directors & Boards and sending it off to the printer.

I made the decision a year ago to address bank board recruiting—specifically, the wisdom of agreeing to serve on a bank board, if asked—in this latest issue. I have to thank the Wall Street Journal for the article titled, “Brighter Days for Big Banks Arrive At Last.” It appeared shortly before I sent the issue to the printer. The article detailed an upswing in bank earnings following the long malaise of the financial crisis, and helped affirm my decision to devote a cover story to the topic of bank boards.

The way the publishing business works, editors have to come up with an agenda of topics that will be covered in their publications far in advance of when those issues will actually appear. In our case, in September I tee up for the marketing team—and for my own master plan, of course—a fairly robust list of subjects to be covered in the coming year. It is an intrepid attempt to project the “hot topics” in corporate governance six, nine or 12 months from now.

Also in September we got deep into planning the 2015 Private Company Governance Summit (PCGS). It promises to be another stellar gathering of expert speakers and top-flight leaders and board members of private companies. See here for an early look at how it is shaping up. Plan to join us in May 2015 for what is a signature event in corporate governance.

Finally, in celebrating my 33rd anniversary as editor of Directors & Boards last month, I was moved to do a bit of culling of the archives. I unearthed a letter from an author — circa early ’90s, before email—who shall remain nameless for reasons shortly to become clear. I must have told him how much I liked his submitted article and how little editing I would need to do on it. Here was his response:

“Yours is undoubtedly the nicest letter I have ever received from an editor. Frankly, it makes me suspicious! I am much more used to the Harvard Business Review style of acceptance: ‘We are in receipt of your irretrievably bad attempt at prose. It is completely worthless. However, we believe that with sufficient editorial revision we can improve it to where we could use it for filler.’ ”

No filler here. Strong substance awaits in the new issue of Directors & Boards arriving in our subscribers’ mailboxes andin the e-Briefing now in front of you.


As always, I welcome your comments
at jkristie@directorsandboards.com.

Click here for a permalink to Jim's article.


Click the link below to read more.

Read more...

PLUS:

• Practical Dos and Don'ts for Directors

• Being a CEO on 9/11

View Past E-Briefings

Events of Interest to Directors

November 5-7, 2014
PLUS (Professional Liability Underwriting Society) will hold its annual conference in Las Vegas. Educational sessions will focus on D&O, EPL, both medical and non-medical E&O, and Privacy and Data Security issues. The conference draws major decision makers, thought leaders, and key industry personnel from around the world. For more information, visit http://plusweb.org/Portals/0/Event%20Material/2014%20PLUS%20Conference%20Brochure.pdf .

November 6, 2014
Foley & Lardner LLP will hold its National Directors Institute Executive Exchange program. This yearís theme is ďAccountability and Transparency ó Are Your Corporate Governance Practices Putting You At Risk?Ē The program is designed to be a national forum where prominent corporate governance leaders can engage in candid, interactive peer group discussions. The event will be held in Chicago from 7 a.m. to 1 p.m. at the Westin Chicago River North. On†Wednesday†evening, Nov. 5, at the Tortoise Club, will be the Director of the Year and Awards presentation. For more information visit†http://cs.foley.com/14.10496NDIEx/stdct_oft_JB.html.

See all events.


Contact Information

1845 Walnut Street, Suite 900 • Philadelphia PA 19103
Tel: (800) 637-4464 or (215) 567-3200 Fax: (215) 405-6078
mail@directorsandboards.com

Editorial: James Kristie (215) 405-6081   jkristie@directorsandboards.com

Publishing Director: David Shaw (301) 963-6162   david@gridmediallc.com

Advertising Director: Scott Chase (301) 879-1613   scottchase@verizon.net

Subscriptions: Barbara Wenger (215) 405-6072   bwenger@directorsandboards.com

Reprints/List Rentals: Jerri Smith (215) 405-6071   jsmith@directorsandboards.com


Copyright © 2014 Directors & Boards, 1845 Walnut Street, Suite 900, Philadelphia, PA 19103. All rights reserved. Contact the webmasterPrivacy Notice