The boardroom Archive

Executive officer transitions arise under a variety of circumstances. According to a report from recruitment firm Spencer Stuart, 69 percent of CEO departures in the US last year were the result of retirements or resignations. This is consistent with the expectation that most CEO appointments have historically been made through some form of succession planning. But Spencer Stuart also reports that 22 percent of CEOs resigned under some form of pressure, and when a C...

General counsel at large US public companies continue to make steady gains in compensation, according to new research, as the job evolves into a more strategic and business-focused role. A report by Equilar and search firm BarkerGilmore states that over the past five years there has been a 7.4 percent increase in general counsel median total compensation. That figure stood at $2.6 million in 2018, a 3.7 percent increase from the previous year. The study covers the 5...

Diversity and ESG issues have been prominent on investor and board agendas in recent years, but a new survey suggests some directors are becoming fatigued by the attention placed on these issues. According to the PwC survey, 63 percent of directors polled say investors devote too much attention to board gender diversity, up from 35 percent last year. Fifty-eight percent have the same view of racial/ethnic diversity, an increase from 33 percent in 2018. The pr...

In the face of rapidly advancing technology, organizations are adapting to a never-ending cycle of pressures, each of which can disrupt a portion of the business system and often threaten the entire business model. As we have heard from dozens of CEOs we interviewed for a recent study, this relentlessly disruptive environment has demanded a shift in how they need to respond. Our inquiry into disruption from the perspective of CEOs, and how they believe they should c...