News & Analysis as of

Board of Directors Retirement

Carlton Fields

Expect Focus - Volume I, January 2025

Carlton Fields on

The Mysterious Boundary Beyond Which “Personal” Relationships Jeopardize a Director’s Independence - In a recent enforcement action, the SEC concluded that the relationship between James Craigie and an officer of Church &...more

Cooley LLP

Board refreshment: are evaluations preferable to retirement policies?

Cooley LLP on

A new report from The Conference Board (together with ESG data analytics firm ESGAUGE) , Board Refreshment and Evaluations, indicates that, in pursuit of board diversity—in skills, professional experience, gender,...more

Allen Matkins

Do Mandatory Retirement Age Requirements For Directors Violate California Law?

Allen Matkins on

While the Securities and Exchange Commission requires disclosure of the ages of directors (Item 401(a), Regulation S-K), it does not impose any age limitations on directors. Nonetheless, many public companies have adopted...more

Cooley LLP

Blog: Scrutiny Of Director Tenure Continues: Is It The Next Cause Célèbre?

Cooley LLP on

The scrutiny of pale, stale and male boards continues, this time focused on the “stale,” that is, long-tenured directors. According to the WSJ, institutional investors are increasingly questioning whether more turnover on...more

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