The Corporate Governance Climate in 2015

In the ever-changing and always dynamic world of corporate governance it can be challenging to keep up with the trends and developments when not focused on these matters full-time. Post corporate implosions of the past 10 years and the subsequent regulatory changes and demands on continuous improvement and increased transparency in the boardroom have heightened [...]

Diversity of a Different Persuasion

Diversity comes in all shapes and sizes and has been and continues to be the subject of much debate in business communities across the globe. As an Executive Recruiter I have been asked to identify candidates who are diverse in terms of race, ethnicity, gender and even geography. One type of diversity that has more [...]

7 Reasons to Become a Board Director

There are probably many more than seven reasons to become a board director but here are some of my primary thoughts. These come about as a result of a presentation I gave several months ago to the alumni of MIT’s Sloan School of Management. If you were previously considering board service but unsure, this should [...]

Succession Planning: Not Just for Older Leaders

Dell Computer and the story of its potentially going private have occupied  many a news column of late. In the most recent turn of events, Blackstone Group  withdrew its bid for the company after making the determination that Dell's future and the PC industry looks bleak. Throughout all this I cannot help but  ask what [...]

Women and Corporate Boards: Musings and Reflections!

On 12/12/12, 1400 people in the US and Europe got together at 27 luncheons to discuss the topic of women and corporate boards. These events were organized by various chapters of 2020 Women on Boards, a Boston based non-profit with the simple goal of insuring that by 2020, at least 20% of board seats are [...]

CEOs and Board Relationships: Does the Rolodex Matter (Still)?

How do informal social ties and connections between members of a board of directors and a CEO impact the effectiveness of the board and hence corporate governance overall? This can be a complex and immeasurable phenomenon but Dr. Bang Dang Nguyen of the University of Cambridge, Judge Business School attempts to answer this question in [...]

Why Did Tuesday Morning Corporation Oust Their CEO?

This past summer, home furnishings retailer Tuesday Morning Corporation abruptly fired their CEO Kathleen Mason after a new but activist shareholder filed a letter with the SEC that was highly critical of the company's performance under her 12 years at the helm. And while a CEO being fired for performance thanks to an activist shareholder might still be an [...]

Twitter for the Uninitiated

There are over a billion Tweets sent every three days. Twitter currently has 140 million active users and the top region for Twitter usage is Venezuela with, believe it or not, 100% of the population using this social network. In the US, the number is approximately 30% and growing. As of May 2010, Thursday and [...]

The P&G Board: Too Much of a Good Thing?

Several conditions make a company attractive to an activist investor. Per the Milken Institute, these include an undervalued business, poor share price performance, failure to meet communicated goals and the company being a conglomerate or mini-conglomerate. Bill Ackman's Pershing Square Capital Management recently announced a $2 billion investment for a 1% stake in Proctor & [...]

The Corporate Secretary’s Increasingly Crucial Role

With ever-increasing emphasis on corporate governance practices in light of the financial crisis and the legislative and regulatory response by the SEC and Dodd-Frank, boards of directors are under pressure to quickly adapt to the new business landscape. There is much at stake. Companies having a weak and inadequate framework for corporate governance are more [...]