Recently, the SEC issued Rule 14a-11 which has major implications for the way shareholders have access to nominating directors to boards.   The implementation of these rules is currently being challenged in court by the United States Chamber of Commerce.  However, the SEC direction is to encourage increased communication between shareholders and directors.  So while we […]

During the holidays, television stations always run a consecutive loop of the yuletide log with a soundtrack of recognizable Christmas songs. It reminds us of shared values and gives people a sense of the holiday spirit and warmth.  Presently, we are watching a 24/7 “continuous loop” of the BP disaster with up to 100,000 gallons […]

The new normal for many consumers includes eating out once every two weeks instead of every one, getting a haircut every eight weeks instead of six and turning off lights to save on electricity bills. Lifestyle changes and drastic cutbacks in spending have had a profound impact on businesses, including layoffs, pay cuts, unpaid time […]

The 2009 Spencer Stuart Board Index was released in October and while there are no huge surprises, I believe the data signals a shifting center of gravity in corporate governance – a move toward independence, commitment, and accountability. Consider these highlights from the Spencer Stuart study of the S & P 500 companies for 2009. […]