Sentences with phrase «independent board members»

This category asks whether or not the board has a formal policy that allows independent board members to meet not just without management, but without family members as well.

Many of the interviews with family firm board members revealed that it is crucial for independent board members to have formal processes to monitor and optimize the skills and composition of the board.

What we've seen as a result of an increase in independent board members is a boost in payout ratios.

However, independent board members sometimes need to hold truly independent discussions, free from the influence of any specific group.

In many cases this is appropriate, and independent board members find the family's perspective to be invaluable from both strategic and operational points of view.

PITTSBURGH --(BUSINESS WIRE)-- EQT Corporation (Company or EQT)(NYSE: EQT) today announced that it has commenced a search for two additional, independent board members with extensive midstream experience.

Cedar Realty's independent board members said in a statement that Snow Park's comments were «misinformed and factually inaccurate» and based on «discredited allegations made two years ago by a former company employee following her termination for cause.»

SEOUL, April 23 - U.S. activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.

Failing to set term limits on independent board members, using costly street canvassers and lacking policies that prevent charities from selling your information to other organizations are a few of the most common places where charities lose points on our list.

Because they aren't trying to protect the multi-million dollar investment they made in our business, independent board members hold a more objective view than the VCs around the table.

Viacom, which owns Nickelodeon and MTV, formed the committee of six independent board members last month to evaluate the merger proposal.

Chenault is the company's first independent board member, as well as its first African - American.

The fine print of Goldman's agreement with shareholder AFSCME places weak independent board members even more under the thumb of CEO Lloyd Blankfein.

After some 15 years of tweaking and polishing the theory and practice of «good» governance, perfectly independent board members remain surprise - prone, estranged from the goings - on in the company, partially informed and lacking the wherewithal to challenge management.

Uber already has addressed some of the Holder recommendations released Tuesday — the company has added a new independent board member, published its first diversity statistics and improved its tracking of human resources complaints.

The whole episode culminated in Renault's independent board members condemning the government's «destabilising» influence on the Nissan - Renault alliance, the signing of an agreement between the state and the company that would cap the state's voting rights on most resolutions, and an amendment to the master co-operation agreement with Nissan, in which Renault agreed not to use its shareholding to oppose the Nissan board.

The Board's outside directors should not owe their position or allegiance to a member of management, but to the shareholders and / or independent board members alone.

Similar disclosure rules led to the development of market practice in which most Canadian companies have mostly independent board members, she says; likewise, with the new proposed CBCA regulations «no one is requiring you to have a certain number of people on boards who are women, or minorities»; however, the legislation is «ultimately encouraging boards to put policies in place, to increase diversity without mandating it.»

«Independent board members represent at least two - thirds of (American's) board of directors, and the board is actively involved in major acquisitions and corporate governance.»

With companies and their shareholders keenly focused on how independent board members are compensated, the study suggests that the companies are placing a premium on heightened responsibility and accountability these days.

For a time CBS, which after the board resignations had four independent directors out of eight total, was not in compliance with New York Stock Exchange regulations that require a majority of independent board members.

Board members matter a lot, and independent board members are a particularly special opportunity for a company; they are purposefully not monetary investors in the business.

«There are a number of requirements that public companies have independent board members,» says Mike Gould, a partner in the Chicago office of PricewaterhouseCoopers» capital markets transaction services practice.

In that case, because of the inherent conflicts involved, all independent Board members should have been apprised immediately and should have been involved before any sale discussions began.

Other common reasons for faltering board management relations are a lack of effective communication among the independent board members and mechanisms to provide timely performance feedback to the CEO.

Current proxy rules work against shareowners who are trying to vote in alternative and independent board members, but it is shortsighted of firms to ignore owners» interests.

The solution, obviously, is to adopt bylaws that allow the independent board members to call special meetings, require them to meet periodically outside the presence of managers, and the like.

Adding an independent board member addresses one of Holder's recommendations, unnamed people familiar with the matter told Bloomberg.

In a letter to shareholders, the independent board members said former director Martin Franklin sought a meeting to be elected chairman and was denied by a «significant majority» of the board before resigning in late January.

We spoke with Board Chairman Brian Tobin post the February announcement (and again in March) and continue to support his efforts to refocus on the core fleet management operations, improve the management team and increase the number of independent board members.

We learned later that those recommendations include bringing on an independent board member, giving Kalanick — who is still at the company at this point — less responsibility, and hiring a chief diversity officer.

The CCBE interviews with family firm board members revealed that this is a crucial role for the board of directors, and that independent board members must be thorough in their examination of any related - party transactions.

Vector has been instrumental in identifying and recruiting several key hires, board members, and advisors to Emarsys, including the President of the Americas, a new Chief Marketing Officer, and an independent Board Member with significant industry experience.

Gone are several of the provisions pushed by some investors, such as requiring that some of the independent board members be executives at Fortune 100 companies, according to multiple people familiar with the deal.

This week, Mark Sebba has been appointed as an independent board member and advisor to Eloquii, and J.Crew's Jenna Lyons is exiting the company after 26 years with the company.

This week, Mark Sebba has been appointed as an independent board member and advisor to Eloquii, and J.Crew's Jenna Lyons...

Mark Sebba Joins Eloquii Mark Sebba has been appointed as an independent board member and advisor to plus - size women's fast - fashion retailer Eloquii.

«That's where sometimes I think it is in the best interest of the company for the independent board members or the audit committee of the board, in the case of the public company, to identifying a crisis well before it hits,» says Sandrelli.

«Whether it's the audit committee or a special committee of independent board members, they will retain their own counsel but the in - house legal department also has a role to play,» he says.

The finding of the study, which examined 150 publicly traded REITs, suggest that publicly traded REITs are increasing their board members» compensation due to the increased scrutiny that independent board members have come under in recent years.

As a consequence, GGP's independent Board members and Pershing Square are now the only real impediments to Brookfield's actual or practical control over GGP.

Brookfield is motivated to buy us out because, aside from GGP's independent Board members, we are the last remaining significant impediment to Brookfield taking control of GGP without paying an appropriate premium.