The Changing Profile of Board Recruitment, in the November/December issue of The Corporate Board by Bonnie W Gwin of Heidrick & Struggles, discusses a continued risk aversion among the leadership of the Fortune 500. Companies seeking to fill directors’ chairs with only current or former CEOs will find it nearly impossible to increase diversity on […]
Tag Archives | footnoted
Transocean: Now, the Rest of the Story
I get hundreds of e-mails every day and often delete before even glancing if I am especially busy. Fortunately, Timothy Smith of Walden Asset Management also sent out an e-mail on a post by Theo Francis, of footnoted*, that had already hit my trash. We’ve all heard about Transocean’s bonuses for “the best year in […]
Search Continues at footnoted.com for Another Frugal CEO
Frugal gourmets? Yes. Frugal CEOs? Not so much. I really enjoy Michelle Leder’s posts at footnoted* and was stopped in my tracks with her recent headline that appeared to announce that she had found another frugal CEO, aside from Warren Buffett. The proxy filed by Dresser-Rand (DRC) indicated they had “agreed to purchase Mr. Volpe’s […]
Corporate Treasury as Founder's Piggybank
Measuring what’s due at Polo Ralph Lauren …, Michelle Leder footnoted* post for today asks an interesting question, “when a company is still headed by its founder, and where that founder still holds a significant chunk of the shares, are giant paychecks more tolerable, short of outright exploitation?” Ralph Lauren is chairman and chief executive. […]
Footnoted is now a part of Morningstar
For years I’ve been fascinated and sometimes shocked by the revelations of Michelle Leder on *footnoted.org. Yesterday, I held my breath when starting to read Morningstar acquires footnoted! While she wasn’t able to negotiate for keys to a corporate jet, or any of the other “perks” she frequently discusses in her posts, I as delighted […]