boards of directors
| 11:00AM 12/18/2009
Sitting on a corporate board of directors has always been great work if you can get it, especially if it's with a company that's generous with board member compensation. These days, directors are feeling the heat to get some real work done.
| 4:45PM 10/21/2009
Top executives looking to ascend to the CEOs chair shouldn't count on getting there through their companies' succession plans. According to executive search firm Heidrick & Struggles (HSII), only 55 percent of Fortune 1000 companies choose to hire their successors from within.
Heidrick &...
| 12:45PM 5/01/2009
In its annual analysis of CEO pay, released today, the Associated Press discovered that two CEOs, Chesapeake Energy (CHK)'s Aubrey McClendon and Motorola (MOT)'s Sanjay Jha, received over $100 million in 2008. In spite of these record paydays, however, median CEO income dropped 7 percent from the...
| 5:15PM 3/30/2009
As most investors are aware, these are not the best of times for the board of directors system. And in the quarters and years ahead, we'll likely hear a great deal about how a board of directors should function and what reforms to the system are needed.
Briefly, the board system is under stress....