Compensation News

NACD Blog

Corporate Board Leaders' Blog

Hurricanes. Hostile Mergers. Data breaches. A misconstrued comment on social media. These are a few of the real and figurative storms that companies weather regularly with the help of internal and external staff, and regular advice from their general counsel (GC). The National Association of Corporate Directors (NACD) recently convened its General Counsel Steering Committee.... Read More
Author: Katie Swafford
Posted: November 17, 2017, 5:07 pm
When former Zale Corp. CEO Theo Killion shared his leadership lessons of turning around Zales at a recent NACD TriCities Chapter program in Austin, Texas, it jogged some childhood retail memories for me. Growing up in the 1960’s, my small hometown of Marshville, North Carolina, boasted a thriving town square of mom-and-pop stores. Because my... Read More
Author: Jill Griffin
Posted: November 16, 2017, 7:07 pm
It is easy to get caught up in the excitement of a deal—the unvarnished optimism of the corporate development team, the bullish spreadsheets from the bankers, the juicy steaks at the closing dinner. The numbers, however, don’t lie. It is estimated that at least half of all merger and acquisition (M&A) deals ultimately fail, destroying... Read More
Author: Justin Johnson
Posted: November 14, 2017, 7:54 pm
American Airlines Group director Alberto Ibargüen recently led a fireside chat with the company’s CEO and Chair Doug Parker during the NACD Florida Chapter’s season kick-off event at Miami International Airport. With more than 100 in attendance, the program featured insights into the highly competitive airline industry along with some key considerations for directors. A... Read More
Author: Kimberly Simpson
Posted: November 9, 2017, 5:31 pm
Equifax is not just another organization that was breached. The company was named one of Forbes’ “World’s 100 Most Innovative Companies” for three years straight, from 2015 to 2017. The recent breach of the company’s U.S. online dispute portal web application has raised serious questions about whether boards of directors and senior management are asking... Read More
Author: Jim DeLoach
Posted: November 7, 2017, 2:43 pm
Organizational cybersecurity is one of the biggest challenges facing companies today. The most recent in a string of headline-grabbing data breaches involved U.S. credit-reporting company Equifax, an event that exposed the private information of some 143 million customers. Grilled on Capitol Hill about the episode, Equifax’s chair and CEO said that “mistakes were made” in... Read More
Author: Tom Reagan
Posted: November 1, 2017, 5:58 pm
Now that the U.S. Securities and Exchange Commission (SEC) has released an order approving the Public Company Accounting Oversight Board’s (PCAOB) new rules on the auditor’s report, what items should the audit committee and shareholders look for there? The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion and... Read More
Author: Alexandra R. Lajoux
Posted: October 31, 2017, 7:27 pm
Vanguard Group CEO William F. McNabb III just tipped the list. The world’s top three asset managers—Blackrock, Vanguard, and State Street Corp.—are now calling the companies that they invest in to adopt climate risk disclosure. In a recent open letter to corporate directors across the globe, McNabb explained that Vanguard, the $4.5 trillion mutual-fund management... Read More
Author: Veena Ramani
Posted: October 26, 2017, 2:16 pm
This past Friday, October 20, National Association of Corporate Directors (NACD) staff packed up and readied itself for a big move. After five years on Pennsylvania Ave., NACD’s national office relocated across the Potomac River to Arlington, Virginia. NACD staff turned what could have been a stressful moving day into an opportunity to give back... Read More
Author: Cecelia Larsen
Posted: October 25, 2017, 6:28 pm
Former DuPont CEO Ellen Kullman spoke with National Association of Corporate Directors’ (NACD) President and CEO Peter R. Gleason at the 2017 Global Board Leaders’ Summit. Kullman—known for leading the DuPont management to victory in the 2015 proxy battle against Trian Fund Management’s Nelson Peltz—shared insights into oversight of long-term value creation and tactics for... Read More
Author: Katherine W. Keally
Posted: October 19, 2017, 5:00 pm