NACD 2022 Governance Outlook
NACD 2022 Governance Outlook
Published by the NACD
NACD 2022 Governance Outlook
Published by the NACD
Women hold most non-executive director board seats in UK for first time
by Daniel Thomas, for the Irish Times
How boards are strengthening their self-assessments and related disclosures
from EY Center for Board Matter
How Many Committees Should Your Board Have?
by Gail F. Lieberman
How Audit Committees Can Prepare for 2021 Q3 Reporting
Recent and upcoming developments impacting Q3 reporting and beyond.
In brief:
"Women in the Workplace1 is the largest study on the state of women in corporate America. In 2015, LeanIn.Org and McKinsey & Company launched the study to give companies insights and tools to advance gender diversity in the workplace. Between 2015 and 2021, over 750 companies participated in the study, and more than a quarter of a million people were surveyed on their workplace experiences. This year, we collected information from 423 participating organizations employing 12 million people, surveyed more than 65,000 employees, and conducted interviews with women of diverse identities, including women of color,2 LGBTQ+ women, and women with disabilities. Our 2021 findings focus on the impact of the COVID-19 pandemic and the growing emphasis on diversity, equity, and inclusion on the experiences of women and the state of work more broadly."
One of the nation’s most influential boards is also among its most gender-diverse. Here’s how GM’s Chair and CEO pulled it together — and why.
By: Dale Buss
Board Monitor Europe 2021
"This report is part of Heidrick & Struggles’ longstanding study of trends in board composition in countries around the world. Produced by our CEO & Board Practice, these reports track and analyze trends in non-executive director appointments to the boards of the largest companies in Australia, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Mexico, the Netherlands, New Zealand, Norway, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, the United Arab Emirates, the United Kingdom, and the United States. Information about executives is gathered from publicly available sources, BoardEx, and a Heidrick & Struggles proprietary database."
5 Questions Boards Should Be Asking About Digital Transformation
by: Celia Huber, Alex Sukharevsky, and Rodney Zemmel
NACD 2020 - 2021 Director Compensation Report
"The National Association of Corporate Directors (NACD) is proud to present the 22nd annual analysis of nonemployee director compensation, produced in collaboration with leading compensation consultancy, Pearl Meyer. The report provides a comprehensive perspective on director-pay practices across a wide range of industries and company sizes. The study is based on 1,400 companies across 24 industries that had filed a proxy statement or any other US Securities and Exchange Commission (SEC) filing containing director-compensation information for the fiscal year ending between February 1, 2019, and January 31, 2020. Each analyzed company was assigned to one of 24 industries according to their industry classification within Standard & Poor’s Global Industry Classification Standard (GICS). Data for the report is provided by Main Data Group. Year-over-year comparisons are made with respect to the 2019–2020 Director Compensation Report. We have attempted to maintain a consistent sample of companies to facilitate identification of changes in director compensation as compared to the prior year; however, we have made minor changes to the list of companies analyzed to ensure sufficient industry coverage. This provides an equivalent number of companies in each size category, while also accounting for organizational size and growth. Companies are assigned to one of five size categories based on their annual revenues. A complete list of companies included in this year’s analysis can be found at the end of this report. Lists of NACD’s Five Principles for Nonemployee Director Pay and the associated Leading Practices for Nonemployee Director Compensation are provided on page 5. Commentary on nonemployee director compensation trends is included throughout the report. Ryan Hourihan, principal at Pearl Meyer, is the primary author of this report, managing the research, trends analysis, and content development. In the development of this report, Joe Tripolitakis, Alishan Badarpura, Veronica Glowacki, Stephen Moeller, Anne Nguyen, and Davis Steinbrecher collectively managed the analytical requirements."
Perspectives on Resilient Leadership from Asia-Pacific Board Chairs
"The COVID-19 pandemic is an extraordinary blackswan event that has required companies to accomplish amazing feats in order to keep shelves full, call centers staffed, and employees, partners, and customers safe. The ability of management teams to make quick decisions with the confidence and backing of their boards of directors and chairpersons has been critical in enabling companies to adapt—a key lesson as the pandemic goes on. Because disruptions and crises will continue to occur, possibly even more frequently and dramatically than before, boards and chairs will play a crucial role in ensuring that organizations remain resilient. We talked to 17 leading board chairs across Asia-Pacific (APAC) to understand what they have learned so far from the COVID-19 pandemic and to identify their top-of-mind concerns for the coming recovery."
by: Martin Lipton, Steven A. Rosenblum, Adam O. Emmerich, William Savitt & Karessa L. Cain