Sentences with phrase «board directors do»

Board directors do not engage in hands - on animal care as part of their duties.
Most board directors don't attend in - person conferences.
None of them is in Snohomish County where 53 percent of the voters backed Initiative 1240 last November even as it seemed like 100 percent of teachers and school board directors did not.

Not exact matches

Apache's move does not affect the timing of a final investment decision for Kitimat LNG, said Kirkland, who is also vice-chairman of Chevron's board of directors.
But one start might be installing a paid board with deep knowledge of the football industry, which would set the strategic direction for team CEO Oscar Grau, rather than relying on unpaid directors to oversee operations, as Barça does now.
When we did, our Board of Directors sided with him.
And the management team kept turning over people, new board of directors... do you remember that?
Solo soul - searching can help you see yourself the way others do, but it's generally easier — and more reliable — to draw that information from external sources, like a board of directors, an advisory panel, anonymous reviews from employees or a mentor you trust to tell it to you straight.
Having counseled boards at major companies including General Motors, General Electric, American Express, Macy's, Drexel Burnham Lambert, Westinghouse, and countless others, he believes most U.S. directors still aren't doing their job well enough.
Yes, you're running a business, but it doesn't feel like a real business because you find yourself staring at your CEO, board of directors and staff while you're brushing your teeth in the morning and walk past your «world headquarters» as you make your way back to your bedroom to get dressed.
Does our Chair (or Lead Director) have the independence, attributes, experience and track record that the company and senior management needs and respects — to lead the board, hold management to account, and focus on value creation?
Lastly, ask yourself, why do you want to serve as a director on this non-profit board?
She is on the board of Stanford University, where she got her MBA, but doesn't sit on any corporate boards since standing down as a director of General Dynamics Corp. earlier this year.
Look for two or three people with whom you don't compete and who don't work with you and use them to form your own «board of directors,» a strategy promoted by Stanford Graduate School of Business professor Jeffrey Pfeffer.
Taken to its logical extreme, his research seems to argue that boards should have only female directors, but he's careful to point out that not all women score highly on complex moral reason (sometimes known as «CMR») decision - making, and some men do.
The dilemma facing the boards at Microsoft, Apple or any board of directors on the departure of an innovative CEO is strategic: Do we want still want to be a innovative, risk taking company?
«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.
And if SEAM or Hasbro wanted to nominate directors for Mattel's board ahead of the company's annual general meeting in 2018, it has until Dec. 6 to do so.
But, EMC's board, which was reportedly meeting Sunday to hammer out details, does include two Elliott - friendly directors.
«I firmly believe, as does EMC's Board of Directors, that the coming together of EMC and Dell is the best strategic option for all stakeholders.»
In anticipation of doing so soon, we aim to reiterate in this letter the point of view already expressed to you directly with the hope of effectively summarizing it for the company's board of directors and our fellow shareholders.
Under the «business judgment rule,» courts (in Canada, the US, the UK, and elsewhere) are generally reluctant to tell a corporation's board of directors that they've failed in their duty of care vis - a-vis shareholders, because the court lacks the competency to do so.
Analysts, however, said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems accumulating for GE.
Even if they don't have a majority vote on the company's board of directors, investors are still part owners and have legal rights.
In 2012 he even did it in front of Ford's board of directors.
And really, what should a Board of Directors do in the face of such feedback?
However, Columbia University's Katherine W. Phillips and others mentioned in the HBR story on women directors point out that while diverse boards that are not properly managed may «create distrust and dissatisfaction,» homogeneous groups don't come to any better solutions.
So boards of directors do have some public obligations related to how they choose to compensate executives (even if, as I've argued before, outsized compensation isn't automatically unfair).
Or, the company has a new board of directors: Does this individual have the ability to quickly gain their trust?
The academic evidence however does not support excessively long - serving directors, or directors who are serving on multiple boards (known as «over-tenured» and «over-boarded» directors, respectively).
I said to the audience this morning that every board has one (or more) underperforming or dysfunctional directors, and if you don't know who it is on your board, then it is you.
Netflix's board is divided into three separate classes, so shareholders don't even get to vote for or against all the directors every year, just a selection of them.
For one thing, if a board of directors doesn't name you chief executive officer of a real corporation, you're sort of like a silly little kid playing grownup.
What it does say is damning enough: «the core of management was corrupted, and the periphery was also contaminated,» and «There were many yes men among the directors, and it must be considered the Board of Directors had become a mere formalitdirectors, and it must be considered the Board of Directors had become a mere formalitDirectors had become a mere formality.»
In particular, they do not address the number of longstanding legacy directors who will remain on the board.
Although the board recently unilaterally appointed three new directors and indicated its intention to add more new directors in the coming months, I do not believe these steps go far enough toward changing «business as usual» in Wynn's boardroom.
One thing she hasn't done, though, is sit on a public company's board of directors.
«Nor do we believe that the AIG board of directors will respond to the demands of AIG shareholders absent a clear mandate.»
Schaaf and Strader said that staying lean and not having outside investors has enabled them to do what they want, be less formal (there's no board of directors to report to) and move at their own pace.
While no new directors have been nominated, shareholders who've owned 3 % or more of the company's outstanding shares continuously for three years did win the right — widely known as proxy access — to nominate board directors at this year's annual meeting.
Imagine a corporate structure that does away with hierarchy: no CEO, no board of directors, and no climbing the company ladder.
It could be just enough to «turn off the sequester,» the second tranche of across - the - board cuts that will take effect in mid-January if Congress doesn't act, says Steve Bell, a former staff director of the Senate Budget Committee now at the Bipartisan Policy Center.
So how did Giegel and his partner Shervin Pishevar manage to convince one of the world's most high - profile business magnates to not only invest in their startup, but also join its board of directors and lend Virgin's name to the project?
Non-Employee Directors do not receive any other compensation for serving on any committee or attending Board or committee meetings.
Beyond the fact that Scott and Duke both sit on Wal - Mart's board, the story did not report that any of the company's directors were aware of the situation.
In 2017, our board of directors embraced a new mission statement that guides the important work that we do on behalf of our region's business community.
Thus, the California Public Employees» Retirement System's Global Principles of Accountable Corporate Governance recommends that a company's board should be chaired by an independent director, as does the Council of Institutional Investors.
By paying executives for performance that does not generate real cash flows, Valeant's board of directors created the misalignment that precipitated the executive behavior that got the company into so much trouble in the first place.
Intel does not pay management directors for Board service in addition to their regular employee compensation.
Given our greater emphasis on providing option grants as the key component of our executive compensation, our board of directors did not adjust the target bonus amounts for our executive officers in 2010 from prior years.
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