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Board of directors

CEO succession can be a tricky business, and not just on TV

by Meghan McCarty Carino
May 21, 2024
The pending departure of JPMorgan Chase boss Jaime Dimon highlights the difficulties of replacing the person at the top.
Jamie Dimon, the outspoken CEO of banking giant JPMorgan Chase, signaled his retirement in the next few years.
Win McNamee/Getty Images
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What are corporate boards of directors supposed to do, exactly?

by Matt Levin
Nov 28, 2023
And what do medieval times have to do with it?
The average Fortune 500 company has a board of about 11 members, give or take.
FangXiaNuo/Getty Images
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Judge challenges a California law mandating diversity on corporate boards

by Lily Jamali
Apr 6, 2022
The law, which went into effect in 2020, required California-based companies to appoint directors from underrepresented communities.
The percentage of female directors on California boards doubled in the three years since the gender law passed, one researcher said.
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Corporate boards became more diverse in 2021

by Meghan McCarty Carino
Jan 4, 2022
Representation of women and people from underrepresented racial and ethnic groups increased significantly after 2020's pledges, data shows.
The number of directors from underrepresented racial and ethnic groups jumped by 25% last year, according to data from ISS Corporate Solutions.
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Microsoft CEO

At Microsoft, Nadella's role grows

by Marielle Segarra
Jun 17, 2021
Satya Nadella already had a big job: CEO of one of the world’s most valuable companies. Now he chairs the board, too. How does that work?
CEO and chairman of Microsoft Satya Nadella.
Stephen Brashear via Getty Images
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Workplace Culture

Nasdaq proposal would require listing companies to have more diverse boards

by Meghan McCarty Carino
Dec 2, 2020
Corporate boards serve an advisory roles and make key decisions about the direction of a business.
People are reflected in the window of the Nasdaq MarketSite in Times Square on July 30, 2018 in New York City.
Spencer Platt/Getty Images
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Race and Economy

Goldman Sachs starts diverse board member policy for handling IPOs

by Kimberly Adams
Jul 1, 2020
The investment bank wants boards to include more people from chronically underrepresented groups.
Even with progress toward making boardrooms more diverse, women hold less than 18% of corporate board seats in the United States, according to Deloitte.
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Workplace Culture

Goldman Sachs pushes for more diverse boards of directors

by Meghan McCarty Carino
Jan 23, 2020
"I think that this Goldman decision is symbolic of the strength of the business case and the belief people have in it," one expert said.
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When should a company start thinking about a CEO succession plan?

by Sabri Ben-Achour
Jan 10, 2018
Despite his fondness for Cherry Coke and Oreos, Warren Buffett is fine. At 87, he’s still going strong. He also says he’s not going anywhere. Still, Buffett’s holding company, Berkshire Hathaway, has promoted two of its executives and put them on the board. That instantly makes them front-runners to succeed Buffett. With that, Berkshire gets […]
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Corner Office

This is what corporate boards actually do

by Kai Ryssdal and Bridget Bodnar
Jan 8, 2018
A CEO's job is pretty clear ... but what does a corporate board do?
Businessmen and shoppers walk along Madison Avenue, one of Manhattan's premier shopping and residential streets on Nov. 1, 2011 in New York City. 
Spencer Platt/Getty Images
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