Boardroom Archive

Feb 28, 2022
SEC proposes shake-up for Rule 10b5-1 trading plans
On December 15, 2021 the SEC proposed extensive amendments to Rule 10b5-1 that would, among other things, impose a cooling-off period for directors and officers buying and selling shares and require personal certification when they do so. Officers and directors of public companies – that is, insiders – frequently use Rule 10b5-1 trading plans to bu...
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Dec 15, 2021
Governance Matters podcast: Moving to a new governance role and helping boards adapt to change
Boards have a special part to play in navigating change and corporate secretaries have an increasingly important role to play in making sure directors are prepared to take on this task. In part one of our latest podcast episode, host Jeff Cosette speaks to Evan Barth about change at the professional level following Barth’s move from a successful 13-year career at IBM to his new role as assistant corporate secretary at newly public ...
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Nov 15, 2021
Board evaluation increasingly a 'real time' process, EY says
Almost a quarter (23 percent) of Fortune 100 firms say board evaluation is now an ongoing process and something that happens beyond the formal annual evaluation, according to EY. This is an increase from just 9 percent in 2018, EY notes, adding that this ‘real-time evaluation’ allows companies to be ‘timely and agile’ to address issues more quickly and avoid a deepening of problems, as well as allowing ‘continuous improvement.’ In addition to incr...
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Nov 12, 2021
PepsiCo and HPE take home top honors at Corporate Governance Awards
PepsiCo and Hewlett Packard Enterprise (HPE) yesterday won two of the most prestigious honors at the 14th annual Corporate Governance Awards. PepsiCo was awarded the governance team of the year (large cap) title for the second year running, while HPE was named best governance team of the year (small to mid-cap). PepsiCo also took home the prize for best ESG reporting (large cap), while HPE also won awards for best proxy statement (mid-cap) and best AGM. The t...
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Oct 12, 2021
Directors need to be held accountable for corporate purpose commitments, report says
Board directors should be held accountable for determining and implementing the purposes of their companies, according to a British Academy report. Corporate purpose has been an evolving topic in recent years. In August 2019, the Business Roundtable released its Statement on Corporate Purpose, which outlined a modern standard for corporate responsibility. Shortly after that, in 2020, the World Economic Forum launched a new Davos Manifesto with the objective o...
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