Technology & social media Archive

Jan 04, 2021
How tech tools boost governance at HPE
Hewlett Packard Enterprise (HPE) is a technology company, and that tech focus is part of its governance team’s DNA. ‘Since HPE’s inception, we have focused on transforming our governance practices by incorporating technological innovations to enhance efficiencies in key areas, such as reducing time spent on administrative matters, offering valuable control points and establishing meaningful collaboration across diverse teams,’ the firm’s submission states. ...
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Dec 23, 2020
How Marsh & McLennan uses tech to manage global entities
Numbers say a lot about why Marsh & McLennan Companies is the winner of the inaugural award for best global entity management. In April 2019 Marsh & McLennan acquired Jardine Lloyd Thompson (JLT) – the biggest acquisition in its history – and in doing so increased its legal entities from around 600 to almost 900. Over the past year or so a small team has integrated more than 100 legal entities with around 70 integration plans in 38 countries. Not only th...
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Dec 21, 2020
HPE’s Jon White: Always thinking ahead
One of the Corporate Secretary judges describes Jon White, corporate and securities counsel at Hewlett Packard Enterprise (HPE), as ‘someone who is clearly always thinking about how to move the ball forward’. An excellent example of that came in September 2019, when White proposed an innovative way for colleagues in HPE’s legal team around the world to collaborate ‘face to face’ via virtual reality (VR) platforms. Not only is VR a new way of working, it ha...
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Aug 05, 2020
First time’s a charm: Chevron’s first virtual annual meeting
Chevron decided to hold a virtual shareholder meeting this year. Had you held one before? This was our first virtual shareholder meeting. We had discussed it in the past and had always decided against it. You filed your proxy statement in early April, and announced the potential for a virtual meeting, which you confirmed in mid-April. What preparation was required? As we approached the date of filing our proxy, it was ...
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Jan 27, 2020
Salesforce.com’s creative use of in-house tools aids governance
Our judges’ comments on Salesforce’s use of technology in the governance space range from the impressed – ‘outstanding’ and ‘transformative’ – to the envious: ‘I wish I’d had those tools when I was a corporate secretary.’ From the second half of 2018 into 2019, Salesforce’s corporate, securities and governance (CSG) team, led by Scott Siamas, vice president and associate general counsel for corporate, securities and global governance, found w...
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Jan 23, 2020
How VF Corporation crunches the numbers on compliance
VF Corporation is in the creative business of clothing, with a portfolio of brands including Vans, The North Face and Timberland, and its approach to compliance and ethics is imaginative. For example, the team has been working with VF’s data analytics people to create models that use historical data and demographics to enable the company to concentrate its resources on high-risk areas and create bespoke training and compliance efforts. Global operations manager fo...
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Jul 30, 2019
Preparing insurers for Connecticut’s new data security law
Connecticut Governor Ned Lamont on June 26 signed into law the state’s new Insurance Data Security Law (IDSL), implementing a new regime of information risk management and event-reporting requirements for insurance licensees. When effective, the IDSL will affect the operations of all carriers, producers and other businesses licensed by the Connecticut Insurance Department (CID) but the impact will vary depending on an entity’s size, sophistication, volume of non...
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Jul 08, 2019
Forum urges investors to push for cyber-security
The World Economic Forum in a new report is calling for investors to press companies to prioritize cyber-security – and is proposing a framework for them to aid those efforts. Cyber-attacks have almost doubled in the past five years, undermining confidence in some companies and driving demand for more secure digital products. Attacks can cause major losses to investors by driving down company valuations. Investors providing capital to start-ups and small an...
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Jun 27, 2019
Many directors lack confidence on tech disruption, survey finds
A new study reveals widespread uncertainty among board members about their ability to cope with emerging technologies – highlighting the need to ensure directors are kept up to date on industry developments. Almost half (48 percent) of directors polled lack confidence that their board has the necessary resources to move the company forward in an era of ‘digital disruption,’ according to a survey by the EY Center for Board Matters (EY CBM) and Corporate Board M...
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