CEO Succession: Activists Battle for their Say

09 Mar CEO Succession: Activists Battle for their Say

Article Overview: Historical board oversight has been characterized as “eyes on and fingers off”. This principle may be shifting as active money in the board room increasingly expects “hands on collaboration” between the board and operating executives. Top down oversight is being replaced with hands on engagement. Boards seem to be listening and adjusting. And, perhaps, that is the biggest benefit to shareholders from the “activist era”.

 

Authors:  Darren Novak, Joel M. Koblentz, and Patrick R. Dailey
Publisher: NYSE Governance Services: Corporate Board Member
Publish Date: 2016
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