Sentences with phrase «current board structure»
Sheldon Silver, the speaker of the legislature's lower house, announced on Feb. 15 the proposed elimination of the current board structure by 2000 as part of an overall plan to reorganize the governance of the nation's largest school system.
https://www.edweek.org/
The plan to extend the current board structure for another year represents a state capital snapshot in time.
This current Board structure also is consistent with majority practice at large public companies: according to the 2017 Spencer Stuart Board Index, 72 % of companies in the S&P 500 do not have an independent board chairman.
Not exact matches
But the role of the company's board of directors has thus far escaped criticism, and a closer look reveals the board's structure was less than ideal, and may have contributed to Valeant's current woes.
«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.
The Committee has carefully considered whether to maintain the Company's current classified board structure, particularly in light of last year's shareholder vote.
The Board believes that its current leadership structure, in which the positions of Chairman and Chief Executive Officer are held by Mr. Musk, together with a Lead Independent Director with broad authority, is appropriate at this time and provides the most effective leadership for Tesla in a highly competitive and rapidly changing technology industry.
We believe the corporate governance measures noted above demonstrate that our Board has embraced independence, and our shareholders have recognized the effectiveness of our current Board leadership structure by re-electing our Chairman, the Lead Independent Director, and other Board members each year.
We believe this structure of a separate Executive Chairman of our board of directors and Chief Executive Officer, combined with a Lead Independent Director, reinforces the independence of our board of directors as a whole and results in an effective balancing of responsibilities, experience and independent perspective that meets the current corporate governance needs and oversight responsibilities of our board of directors.
In the current legal environment, social entrepreneurs need to work with legal counsel, their boards and advisors to determine which legal structure works best for their situation.
Your founders and board of directors may also have concerns about how to protect your social mission in a legal structure that is very flexible and can be changed by current or future shareholders.
They says the Board of Election's current bipartisan structure, with two commissioners from each major party, has led to a «tacit, bipartisan agreement to do nothing.»
He continues to urge the board to look at it's current structure.
Has a concern about replacing current structure with a politicized board.
In New York, the governor does not directly control education, Cuomo has not ruled out trying to change the current structure, where an independent Board of Regents chosen by the legislature sets education policy and hires the state education commissioner.
They say the Board of Election's current bipartisan structure, with two commissioners from each major party has led to a tacit, bipartisan agreement to do nothing.
Reforming the current administrative committee structure by which the Board of Trustees oversees the Library's president and other library personnel and replace it with an executive committee comprised of a broader cross - section of the Board's membership
«I think the current centralized L.A. Unified structure is being leveled by the superintendent and board,» he said.
This is because it is often time consuming and difficult for school boards and unions to change the current pay structure for hundreds or thousands of teachers.
Across - the - board raises will not fix the problems inherent in the current uniform salary structure.
Ramius further stated it believes a significant opportunity exists to adjust the cost structure of the Issuer to achieve acceptable operating margins, even at the current revenue run rate, and urged management and the Board to focus its attention on driving cost improvements by re-focusing on the Company's core businesses and de-emphasizing growth investments in non-core product lines such as WiMAX.
Head of Real Estate & Commercial, Michael Lunjevich and JOP Law expert, Brent Baldwin of law firm Hadef & Partners briefed over 100 delegates on topics including: how to deal effectively with developers during the transitional period; current options for recovery of service charges; considerations in choosing an Owners» Association manager; managing Boards and Owners» Associations and voluntary governance regimes; issues to consider when thinking about structures for your community; and responsibilities and liabilities of Board members.
However, the MoJ launched a consultation last week, Reconsideration of Parole Board decisions: creating a new and open system, on a judge - led review process that would operate within the Parole Board's current structures but be «properly protected and distinct».
Interested in developing a Commercial Overlay Board in your area or a Commercial Structure within your current association?