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8 Resources for

director and william j. holstein

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BNET Resources

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...; Tags: Board, Sprint Communications, Director, Corporate Governance, Business Operations, Corporate Law, William J. Holstein; 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...; Tags: William J. Holstein, Human Resources, Corporate Law, Business Operations, Benefits, Corporate Governance, CEO, Director, Board, Compensation; 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...; Tags: William J. Holstein, Corporate Law, Business Operations, Corporate Governance, CEO, Director, Board, Wall Street Journal, Danger; 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...; Tags: Board, Director, CEO, Corporate Governance, Business Operations, Corporate Law, William J. Holstein; 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. ...; Tags: Board, Director, Corporate Governance, Business Operations, Corporate Law, William J. Holstein; 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...; Tags: Solution, Gig, Board, Problem, Director, Corporate Governance, Business Operations, Corporate Law, William J. Holstein; 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...; Tags: Business Operations, Corporate Governance, Executive Session, CEO, Director, Board, Corporate Law, William J. Holstein; 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....; Tags: Urban Development Henry Cisneros, Director, Board, Countrywide Financial Corp., Corporate Governance, Business Operations, Corporate Law, William J. Holstein; Blog posts 2007-10-26