Tag: overboarding
Top chairs see remuneration rise by 30% over past decade
Research reveals average total remuneration for chairs in the top 150 FTSE companies stands at £404,776, while non-executive directors receive an average of £97,837.
Board independence revealed as key issue for investors in 2020
Nearly two-thirds of investors say proxy adviser ISS should recommend voting against the election or re-election of a board chair if they are not “independent”, regardless of the overall independence of the board.
Boards under media influence
Media coverage has a broad agenda-setting effect which should never be underestimated. Directors need to carefully manage their reactions to what they read.
Asset manager urges separation of chair and CEO roles
A survey by Union Investment has revealed that 14 members of the Euro Stoxx 50 continue to combine chair and CEO roles, including high-profile companies such as luxury goods brand LVMH.
How many chairships is too many?
The controversy over Sir Nigel Rudd’s multiple chairships is part of a trend of investors—and governance experts—challenging overboarding and questioning whether non-executive directors can meet their commitments.
Shareholders focus attention on diversity and climate
ESG issues such as diversity and climate are becoming critical issues for shareholder engagement, according to a report from Legal and General Investment Management.
Overboarding is a growing concern
The departure of BTG’s chairman because of concerns about “overboarding” highlights a growing concern among investors.