Board structure and composition—Further to our prior report: “Guide to Board Structure & Composition,” Davis Polk’s piece on board structure and composition considerations discusses common practices and thoughtful considerations relating to the board leadership structure (combined or separate CEO/Chair), board size, director tenure and board refreshment mechanisms, director skills and experience, and director independence.
Note: The following data is sourced from ESGAUGE via The Conference Board.
Compensation committee evolves—Semler Brossy’s contribution addresses the evolving responsibilities of the compensation committee that encompass human capital management (HCM) beyond the executive team (i.e., the historically traditional remit) and how the expanded remit manifests in the form of renamed committees, amended committee charters, and additional or different skill sets. The article includes suggested HCM oversight responsibilities across the full board and committees and suggested HCM discussion topics by quarter.