For both good corporate governance and the stability of American society, Facebook must change. First, investors should vote no because effective ...
In 2018, Disney CEO Bob Iger got a raise–a big raise. His total compensation increased 80% to hit $65.6 million. According to a recent study by Equilar, his compensation was 1,424 times that of the median Disney employee. For Abigail Disney, granddaughter of Disney cofounder Roy Disney, that level of pay is “insane.” Moreover, she says, executive pay at that level has “had a corrosive effect on society.”...
Maynard Webb, former CEO of LiveOps and the former COO of eBay, will offer candid, practical, and sometimes surprising advice to entrepreneurs and founders...
A decade after the U.S. financial crisis, Wall Street is booming and the economy is back–but nagging questions remain about the failure of government regulators and prosecutors to prevent the collapse, and to hold top Wall Street bankers personally accountable for the catastrophe...
America’s corporate landscape is interwoven by a dense network of shared board members–for instance, Apple has board members that are also board members at Disney, Chevron, Amgen, GE, and JP Morgan Chase. The data analysis expert Erik Rood used publicly available information from the S&P 500 top 50 to create an unusual map of these connections, resulting in this interactive graphic that lets you explore the network in unprecedented detail...
Amazon employees are not pleased with one of its latest decisions. The company’s board has been lobbying to vote down a proposal from CtW Investment Group, which would require that Amazon specifically consider women and non-white people for new board member selections...
Fred Reynolds, a former executive for CBS Corp. and PepsiCo, is joining the board of directors of Pinterest, TechCrunch reports. The move comes amid rumblings of a possible IPO next year, although no timeline to go public has been laid out. Reynolds, who had a career in finance that spanned 38 ...
“There's a big opportunity because nonprofit boards are complaining they need more people for diversity,” says Alice Korngold, CEO of Korngold Consulting, a strategy advisory service for board members, corporate executives, and nonprofits. “There are qualified people at companies and they're waiting ...
Last Thursday, hundreds of Facebook shareholders at the company’s annual meeting in Menlo Park, California listened politely as top executives discussed the social media giant’s performance metrics and goals–until Natasha Lamb got up out of her chair and stood to face the board. She demanded that the company address its fake news problem by publishing a formal report about its prevalence on the site and its impact...
A key detail that illustrates the tech sector's continuing lack of diversity and gender equity was buried in last week's hype over Snap's upcoming IPO ...
A company’s CEO is often the face of the brand. In the case of Howard Schultz, his mild countenance has become synonymous with the coffee company’s twin-tailed Siren that signals the presence of more than 25,000 shops in 75 countries. Now, that face is planning to step aside. that Schultz is transitioning to take the position of executive chairman while he works on expanding the company’s premium brand...
The lure of the top corner office is strong, but there’s a reason not everybody grows up to be the head of a company—the job is a massive undertaking. CEOs are asked to do it all: setting strategy, closing deals, hiring people, firing people, calming irate customers, fixing broken light switches. And sometimes that’s just by 10 a.m. on Monday. Of course, the job doesn’t end there...
Of that 21% who disapprove of their CEO's compensation, 57% of respondents said it negatively affects their view of the company , but only 26% intend ...
In November 2015, a former Twitter developer lambasted the company for its inability to foster a diverse workplace. "There were moments," Leslie Miley wrote in a Medium post , "that caused me to question how and why a company whose product has been used as an agent of revolutionary social change did not reflect the diversity of thought, conversation, and people in its ranks." Last week, Twitter ...
TheBoardlist aims to be a source of vetted professional women to help solve the so-called pipeline problem for female directors. Two findings about gender and leadership bookended 2015. In January, the Pew Research Center found that men and women agree ...
Low stock price combined with stock structure makes it an easy target Things haven't been good for Twitter lately. Ever since CEO Jack Dorsey announced a few weeks ago that the company is thinking about raising its 140-character limit to 10,000 characters per post, the stock has nosedived—continuing a downward trend that has lasted since April of 2015. Just a few days ago, Twitter shares hit $15 ...
it is my belief that the list will look very different in the next decade," as they are the first who’ve had the opportunity to "break the barriers that keep them out of the boardroom." They’ve done it by disrupting the traditional models of leadership...
According to Glassdoor, the average CEO of a public company earns 204 times the median worker's salary. Does it matter to staff? We all know executives at big companies are handsomely compensated for their work. Although, just how much more they make than their average employees has long been a hot-button issue. This new economic research should only serve to fuel that debate...
You’ve worked incredibly hard to get to where you are. You’ve demonstrated you can drive results, develop people, lead teams, and champion innovations. Your future has never been brighter. Then one day, you get the call: "We’d like you to speak to the board. " You hang up the phone feeling half-excited, yet half-terrified. On the one hand, this incredible opportunity can propel your career to new heights. If you weren’t doing a great job, then they wouldn’t want to hear from you.
Three ways to re-examine and recruit more female board members by the end of 2015. Does gender really matter when you're in a leadership position...
These men put their feminist words into action, and show that "gender equality is smart economics." Since the Seneca Falls Convention launched the women's rights movement in the United States 166 years ago, wise men have aided women in their pursuit of legal and economic inclusion. Read Full Story
When CEO paychecks are determined by performance, it sounds like a fair method of compensation. That way, head honchos at major companies aren’t raking in millions unless they’re doing a good job … right?
While this model sounds great in theory, the New York Times reports that it doesn’t always work in practice. The popularization of performance-based pay has done nothing to prevent companies from dishing out increasingly staggering paydays to their executives.
Organizations like Watermark and Catalyst, a nonprofit organization that aims to expand opportunities for women, are doing important work in encouraging greater board diversity . Both groups are very active in helping board-ready women secure corporate ...
One issue has been largely over-looked in the discussions about women leadership: Do the traits of one gender have an advantage over the other in the boardroom? Direct and self-promotional personalities have long been associated with leadership, and throughout the world men have been reinforced for taking charge, being focused on a goal, and directing people toward that end. In fact, a whole leadership model has been built around a command-and-control style. Women who competed with men to excel in this type of behavior were at a disadvantage.
The brand-building opportunities social media present are nearly limitless, and the risks they introduce are just as expansive. And to many corporate leaders, they remain somewhat of a mystery. The last 10 years have seen extraordinary evolutions in the responsibilities boards of directors must assume. From Sarbanes-Oxley to Dodd-Frank , directors have been subjected to new liabilities and new ...