MORE NEWS & ARTICLES

October 3, 2022

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

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For directors, it’s essential to understand a company’s finances and anticipate

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Success with sustainability requires directors to drive bold action in a decisi

September 19, 2022

The practice will only grow as disclosure of climate-related data becomes more

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Ethan Allen Interiors Inc.

FEATURED DIRECTOR

Directors to Watch 2021: Ethnic and Racial Diversity in the Boardroom

 
Ethnic and Racial Board Composition Shows Slow Growth
Companies that don’t accelerate the process will suffer.  
 
A counterintuitive finding from a new study published in October shows efforts to address racial and ethnic diversity continue to lag similar moves to create greater gender representation.
 

Scott Chase has been on the staff of Directors & Boards for 15 years and authors the annual “Directors to Watch” two-part series on gender, racial and ethnic diversity in the boardroom.

 

 

The Impact of the Foreign Corrupt Practices Act on Corporate Boards

“Tone at the top” now includes ensuring business dealings are ethical and bribe-free. 
 
The impact of the Foreign Corrupt Practices Act (FCPA) on corporations and their boards of directors has been enormous and wide-ranging, and not just on corporations based in the United States. Companies all over the world have modified their business practices to avoid violating the FCPA and becoming ensnared in legal enforcement by the Securities and Exchange Commission (SEC) or the Department of Justice (DOJ). 
 

Michael Marquardt is an international governance advisor and board director. He can be reached at MarquardtGlobal.com.

Book Review: The Board Member’s Guide to Risk

The Board Member’s Guide to Risk is a “must-read” for board members of all levels of experience, on boards of all types. Written by David R. Koenig, president and CEO of The DCRO Risk Governance Institute, it can serve as a valuable roadmap for boards to take a fresh look at how they oversee risk management.

Chair and CEO: To Split or not to Split?

This so-called best practice isn’t yet universal.  
 
In September, insurance giant AIG became the latest high-profile corporation to bestow the additional title of chairman on its CEO, Peter Zaffino. 
 
“The AIG board of directors has great confidence in Peter’s ability to continue executing on AIG’s transformation and growth strategy designed to create long-term, sustainable value,” the board’s then-nonexecutive chairman, Douglas Steenland, said in a statement.
 

What He Taught: An Homage to Jim Kristie

The longtime editor of Directors & Boards, who died earlier this year,helped others to shine.
 
“Editor,” derived from the Latin edere (to produce or bring forth), may well be the most ambiguous word in the English language. It can signify anything from the eagle-eyed proofreader who fixes typos to the visionary who works through others to create brand-new, world-changing intellectual capital. The thread is selflessness; the ideal editor helps others shine. 
 

Alexandra “Alex” Reed Lajoux retired from the National Association of Corporate Directors as Chief Knowledge Officer Emeritus in 2016 after 30 years there. She served as editor of Directors & Boards from 1978 to 1981, when she passed the torch to Jim Kristie.