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Boards

Latest Headlines

Latest Headlines

All eyes on the Wells Fargo annual meeting

The rejection by shareholders of Citigroup CEO Vikram Pandit's 2011 compensation was the shot heard round the banking industry. So who's next?

Jon Corzine: The hazards of a celebrity CEO

Bloomberg offers an arresting story about just how powerful a presence Jon Corzine was at MF Global. From the start, Corzine was accorded rock star status, which he apparently abused gratuitously in

Trouble ahead for Citigroup's board

Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance, raises some interesting issues about the Citigroup board in the context of the hearings held by Judge Jed Rakoff about

Bank of America's general counsel faces criticism

Boards need to be sensitive to appearances when it comes to executive changes. The reasons may be justified and uncontroversial, but perceptions matter. And it is naïve to think that they will

Big bank boards still deficient

Big bank boards of directors have been roundly criticized since the onset of the financial crisis. Some boards, like Bank of America and Citigroup boards, have taken steps to bring in a different set

Cautionary tales in private equity exits

Things seem to be turning out well for two private equity-backed companies on tap for IPOs--HCA and Kinder Morgan. The New York Times suggests they are fraught with implications for future private