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Directors Diversity Publicly-Traded Companies

Skadden, Arps, Slate, Meagher & Flom LLP

How Best To Measure Your Board’s Effectiveness: FAQs

Key Points - - Board self-assessment processes aimed at improving board performance, composition, culture and processes are common but vary widely in how they are conducted and who is assessed. - Most S&P 500 companies...more

Allen Matkins

Court Of Appeal Declines To "Sit On" Board Diversity Judgment

Allen Matkins on

In July, California Secretary of State Shirley Weber filed a petition for a writ of supersedeas in the California Court of Appeal with respect to the trial court's judgment in Crest v. Padilla.  In that case, the trial court...more

Allen Matkins

Legislator Proposes To Expand Definition of "Director From An Underrepresented Community"

Allen Matkins on

Enacted in 2020, AB 979 requires publicly held domestic or foreign corporations having their principal executive offices in California to have specified minimum numbers of directors from "underrepresented communities".  Cal....more

WilmerHale

Nasdaq Proposes Board Diversity Rules

WilmerHale on

On December 1, 2020, Nasdaq filed a proposal with the SEC to adopt Rules 5605(f) and 5606 regarding board diversity and board composition disclosure, respectively. Nasdaq believes that these new rules, if approved by the SEC,...more

Mintz - Securities & Capital Markets...

Is it Time to Appoint a New Director? Five Corporate Governance Considerations for Board Members

Regardless of size or industry, thoughtful director appointment is critical to the success of any public company. Yet following the departure of a director, many boards are left scrambling to locate and onboard a suitable...more

Skadden, Arps, Slate, Meagher & Flom LLP

Express Your Views: ISS Launches Annual Policy Survey

Institutional Shareholder Services Inc. (ISS), an influential proxy advisory firm, has launched its annual policy survey to inform its benchmark voting policies for 2020 and beyond. In an effort to streamline the process, ISS...more

Porter Hedges LLP

Business Litigation Alert: "Catching A Wave - The Business Case For Diversity Beyond California’s New Mandate For Women On...

Porter Hedges LLP on

In September, California became the first state in the nation to enact a law requiring certain publicly traded companies to include women on their boards of directors. Although the law only applies to companies “whose...more

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