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Board Composition and Shareholder Proposal Highlights

By Jeffrey D. Karpf, Sandra Flow & Mandeep S. Kalra on January 15, 2020
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The following post was originally included as part of our recently published memorandum “Selected Issues for Boards of Directors in 2020”.

We foresee investors continuing to both refine and expand their demands on corporate boards in 2020. With the particular focus on board refreshment and diversity, significant pressure is placed on nominating and governance committees to play an increasingly prominent role.

Nominating and governance committees will also need to pay attention to the changing landscape of shareholder proposals, including changes to the SEC’s procedures for the 2020 proxy season and the SEC’s proposed changes to the Rule 14a-8 process.

To read the full post, please click here.

For a PDF of the full memorandum, please click here.

  • Posted in:
    Corporate Governance and Compliance
  • Blog:
    Cleary M&A and Corporate Governance Watch
  • Organization:
    Cleary Gottlieb Steen & Hamilton LLP
  • Article: View Original Source

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