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Focusing the Lens of Disclosure on Board Diversity, Non-GAAP, and Sustainability
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Director Overboarding: Global Trends, Definitions, and Impact

corpgov.law.harvard.edu

In the 2019 proxy season, “overboarding” became a center-stage issue for many companies and investors. Several large asset managers, including Vanguard, BlackRock, and LGIM, enhanced their voting guidelines to apply stricter criteria, while some directors serving on multiple public company boards faced significant opposition to their elections. The idea that directors should not serve on too many boards has been a key consideration for investors for many years...

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