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- Sprint Gets Rid of Four Directors
- I've been beating up on the Sprint Nextel board of directors for months and it appears that someone in Kansas agrees with me: four out of 13 directors are stepping down. See this account. Two directors, Linda Koch Lorimer and Keith Bane, told the Securities and Exchange...
- Blog posts 2008-03-19
- Study: Many Directors Think CEOs Are Overpaid. Will They Fix It?
- CEO pay is "too high in most cases," say about one in three directors of U.S.-based public companies in a just-released survey by Heidrick & Struggles International and the Center for Effective Organizations CEO at the University of Southern California's Marshall School of Business. The survey also found...
- Blog posts 2008-02-05
- Why Directors Should Not Become CEOs?
- The Wall Street Journal's Joanne S. Lublin says today that in the latest version of management musical chairs, outside directors are moving insde as chi'ef executive officers. Because it's such a hassle to access the Journal site, here's the jist of what she...
- Blog posts 2008-02-04
- The New CEO Philosophy Regarding Boards
- For many years, CEOs regarded boards as necessary evils. Their goal was to stack the board with people who wouldn't challenge management's authority. After Enron and Sarbanes-Oxley, boards veered in the other direction--they included more independenty directors who were more inclined to challenge and question a CEO and his or...
- Blog posts 2008-01-22
- Why Governance Committees Need to Get Smarter
- Following the Sarbanes-Oxley Act of 2002, the audit committees of boards of directors got much stronger. In effect, they took over their companies' financial disclosure process. Compensation committees now are under big pressure to get a grip on CEO and overall executive compensation, and they appear to be responding. ...
- Blog posts 2007-12-12
- How To Get Rid of a Bad Director
- So you're the chief executive officer of a company and you rely on your board of directors for sound advice and counsel. But there's one director who isn't delivering. He or she doesn't read the meeting materials before hand. Dozes during the meeting. Goes on long-winded rants not related to...
- Blog posts 2007-12-05
- Make Executive Sessions More Than Just Gripe Sessions
- Ever since the Sarbanes-Oxley Act of 2002 and the accompanying new rules from the major stock exchanges, boards of directors of publicly held companies have had to have a majority of independent directors. And many more today also have lead directors, even at companies where the CEO is also chairman...
- Blog posts 2007-11-15
- Is the Countrywide Board Voting With Its Feet?
- Former U.S. Secretary of Housing and Urban Development Henry Cisneros resigned from the board of the embattled Countrywide Financial Corp. this week, the third director to leave the board this year. Cisneros said he was leaving to spend more time as chairman of a firm that provides financing to U.S....
- Blog posts 2007-10-26
Additional Resources
- For Iger, The Team Is Key
- The new Disney chief built a management team that was ready for action. It takes a pretty confident CEO to engineer a deal that puts Steve Jobs on his board-where Jobs could emerge as chairman. But part of the reason Bob Iger may have felt so...
- Articles 2006-03-01
- BEST COMPANIES FOR LEADERS
- P&G's A.G. Lafley is No. 1 for 2005 Somewhere out in thc global sprawl of 160 countries where Procter & Gamble sells its products is a 35-year-old manager who, one day, will be CEO. And the company's current chief executive, A.G. Lafley, sitting at headquarters back in...
- Articles 2005-11-01
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