The SEC could make it tougher for boards to hold executives accountable for their actions.

Over the past decade, the implementation of Dodd-Frank provisions such as say on pay, the advisor independence rules and CEO pay ratio disclosure has significantly influenced the evolution of executive compensation practices and disclosures as well as the role of the board. Now, the SEC has turned its attention to finalizing the open compensation-related Dodd-Frank provisions that remain: clawbacks and pay vs. performance disclosure. Both rules were proposed in 2015.

Beverly Cole
Director: Bank OZK
 

A book review by Howard Brod Brownstein

Mandated limits on service time are the only way to guarantee new perspectives and fresh ideas.

Some findings raise the question of whether “diversity fatigue” is setting in.

Diligent Institute and 22 other partner organizations recently released Board Diversity Gaps: The Global Modern Leadership Report 2022, a report that offers a comprehensive look at corporate boardroom composition and diversity on a global scale. The findings include a detailed picture of diversity in the boardrooms of American companies as well as how they compare to their international counterparts.

Tech boards have the most directors, but lag behind their number of Asian employees.

Asian Representation on Fortune 1000 Boards, a report from the KPMG Board Leadership Center and Ascend Pinnacle, found that the perspectives of the U.S. Asian community are lacking in most Fortune 1000 boardrooms.