Regulator calls out ‘poor’ board succession planning at FTSE 350 companies Governance The Financial Reporting Council (FRC) have called out listed companies for “poor reporting” on succession planning, board appointments and diversity, in a review of corporate governance reporting. The FRC said companies provided “minimal information” to show how diversity and inclusion policies and objectives link to their business strategy. The regulator said that while lots of companies [...]
Willis Towers licks wounds of failed mega-merger with a board shakeup Board shakeup Willis Towers Watson has appointed four new directors, as the company tries to move forward after a failed mega-deal with Aon earlier this year.
Women account for a third of financial services boards, report says Women account for a third of financial services boards, report says Women now make up a third of boards at 200 of the top British financial firms according to a report, as the government marks five years since it set out to improve gender balance in the male-dominated sector. The number of females on company board has risen to 32 per cent, think tank New Financial [...]
Marks & Spencer chair: More young faces are needed on company boards May 1, 2021 Archie Norman, chairman of Marks & Spencer, has said company boards are “made up of old people”, and as a result are not able to keep pace with disruptive, smarter and faster technological advances. Norman, who is also chairman of Signal AI, an artificial intelligence-powered public relations platform, and special advisor to Lazard Bank, said [...]