Recent articles

Mar 28, 2023
Smithfield Foods appoints general counsel
Smithfield, Virginia-based Smithfield Foods has promoted Tennille Checkovich to become general counsel. She reports to Mike Flemming, Smithfield’s chief legal officer (CLO). Checkovich joined Smithfield in 2020 and most recently was the company’s deputy general counsel for litigation. In her new role, she is responsible for managing all litigation involving the company, overseeing risk management regarding a wide range of regulatory and compliance issues, and as...
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Mar 24, 2023
Investors and companies press US authorities to defend sustainable finance
Hundreds of investors, companies and other organizations have signed a statement calling for state and federal policymakers to avoid the types of investment constraints being threatened by political pushback against ESG-related finance. The ‘Freedom to invest’ statement, released yesterday, was organized by Ceres and the We Mean Business Coalition and to date has more than ...
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Mar 23, 2023
Charter Communications general counsel to retire
Rick Dykhouse, executive vice president, general counsel and corporate secretary with Charter Communications, plans to retire after 17 years with the company. Dykhouse will continue as Charter’s general counsel during the search for his successor. After that appointment is made, he will stay on as executive counsel to support the transition, reporting to president and CEO Chris Winfrey. Dykhouse joined Charter in May 2006 as vice president and senior counse...
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Mar 21, 2023
Everest Re veteran general counsel to depart
NYSE-listed Everest Re Group has appointed Brent Hoffman as interim general counsel, succeeding Sanjoy Mukherjee, who the company says is leaving to pursue other opportunities, effective April 21. After leaving the company, Mukherjee will be available as an adviser to Everest to assist in the transition into July 2023. Everest says it will conduct a search for Mukherjee’s permanent replacement. Mukherjee could not be reached immediately for comment. ...
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Mar 20, 2023
The Governance Papers: The cost of sexual harassment, the Gen X board effect – and more
1) The price of sexual harassment How much does workplace sexual harassment damage company value? Evidence from a new study suggests it’s more than you might think – a lot more. Until now, researchers have approached the question by measuring the short-term stock market reactions around public revelations of sexual harassment scandals. This line of research documents an immediate shareholder value loss of 0.6 percent to 1.5 percent of mark...
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Mar 17, 2023
Eli Lilly faces shareholder proposals on lobbying
Eli Lilly and Company shareholders appear set to vote on separate shareholder proposals addressing its lobbying activities and political spending. The company has unsuccessfully sought regulatory go-ahead to omit them from its proxy statement. One proposal, filed by the Service Employees International Union (SEIU), requests that E...
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Mar 16, 2023
Green-hushing: Will companies say less as ESG scrutiny increases?
A common question for companies as they seek to tell their sustainability story is how much they should disclose. For those at the beginning of tackling issues like climate risk or board diversity, it might seem risky to begin talking about those topics. Data that right now doesn’t look great could become a stick to beat the company with. Generally, the advice for companies has been that it’s better to ...
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Mar 15, 2023
Governance reminders for a period of uncertainty
Companies will be affected in a variety of ways by the receivership of Signature Bank, Silicon Valley Bank and any financial institution faced with a similar crisis. Companies may face both liquidity and solvency challenges, and the resulting constraints may lead to difficult decisions, including prioritizing the uses of limited cash. Board oversight of resulting decision-making will be implicated in many cases. Senior executives are advised to maintain a regular di...
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