Written by Elise Perraud Each year, Warren Buffett writes an open letter to Berkshire Hathaway shareholders. These letters are insightful and over the years have become a “must-read” for investment professionals. But not only. The 2019 letter, which was published at the end of February, includes thought-provoking considerations on the topics of boards and governance…
Written by Elise Perraud A skills matrix, also called a competency matrix, maps the required and desired skills for a board to successfully deliver its corporate mission. The skills matrix is a visual tool that clearly identifies the required, available and missing skills and competencies in a board. This is why it is widely used by Nominations Committee in…
Written by Elise Perraud The average age of non-executive directors serving the top 150 FTSE boards was 60.6 in 2018, up from 59 in 2013 and 58.5 in 2008, representing a 3.6% increase over the 10-year period (source: 2018 UK Spencer Stuart Board Index). Is there a risk that having an older NED pool…
Written by Elise Perraud On 5th February 2020, the Parker Review published a progress report on the representation of ethnic minorities on FTSE boards. It says that there has been some but limited progress in increasing the representation of people of colour (also referred as BAME in this article) in UK boardrooms and that meeting…
Written by Nicky Heathcote and Elise Perraud 2018 saw the publication of the “shorter and sharper” UK Corporate Governance Code, the introduction of new corporate governance reporting requirements in The Companies (Miscellaneous Reporting) Regulations 2018 and the establishment of the Wates Corporate Governance Principles for Large Private Companies. The regulations and corporate governance provisions…
Dear fellow board members, Your participation in NEDonBoard activities made 2019 our best year ever, that’s completely thanks to you – our community of NEDonBoard members. So whichever cities you’re reading this from, thank you for being the biggest part of the board revolution. NEDonBoard exceeded nearly all of its targets, (except for one, please…
In this week’s blog, NEDonBoard is pleased to welcome Vanda Murray OBE for her insights about what it takes to be an effective non-executive director. We take this opportunity to thank Vanda for sharing her thoughts with the NEDonBoard community. The role of the Non-Executive Director (NED) has changed significantly over the last twenty…
Today, stakeholders expect information on a company’s environmental, social and governance (ESG) practices. ESG is rising in importance on the board agenda and will be discussed more frequently in the coming years. While large and sophisticated companies are more advanced, ESG considerations may not have made the board agenda of smaller companies. All boards will…
In this blog, Francis Kean, Executive Director at Willis Towers Watson discusses the need for company directors and companies to focus on the important elements of D&O policies, as these are becoming longer and more complex, and as claims activity has increased and there are signs that the market may be hardening. NEDs should…
