Boardroom Agenda
Bigger Bonuses During Crises Can Aid Company Survival, Study Concludes
It may seem counterintuitive. But when a company is in crisis, more executive bonuses (at least of a certain type) might help promote a longer-term rebound and financial success. With that in mind, ...
Veteran Citigroup, J.P. Morgan Exec Joins XL Group’s Board
XL Group is adding a former Citigroup Inc. and J.P. Morgan & Co. Inc. executive to its board of directors, an interesting reach by the property/casualty insurer and reinsurer for some banking ...
Firms With Diverse Boards Pay More Dividends But Take Less Risks: University Research
Corporations with more diverse boards of directors are more likely to pay dividends to stockholders and are less prone to take risks than firms whose boards are more homogenous, according to a study ...The Hartford Brings on New Leadership to Advance Business Strategy
The Hartford announced Tuesday that it has realigned senior leadership positions to further advance its business strategy and deliver value for shareholders. CEO Christopher J. Swift said the new ...
The Trouble With Incentive Compensation
Incentive compensation in many organizations has evolved over recent years. What started with the intent to increase the alignment of top management with shareholder interests, later developed into a ...
Former Zurich CEO Schiro Steps Down From Goldman Board for Health Reasons
The board of directors of The Goldman Sachs Group, Inc. today last week that James J. Schiro, Lead Director and Chair of the Board's Corporate Governance, Nominating and Public Responsibilities ...
Allianz’s Pimco Plans For More Democratic Future
When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ...
Allstate Makes Two Changes on its Board
Allstate Corp. has made two noteworthy changes to its board of directors. The company, which is the largest publicly-held U.S. home and auto insurer, named 71-year-old F. Duane Ackerman as its lead ...