Farient Briefings: A New Year Predicated on CEO Transitions
January 17, 2024
The single most important responsibility of any board is to ensure that management is up to the task of leading both in the moment and in the foreseeable future. Planning for CEO succession requires board diligence to assure strength and depth on the bench and a robust talent pipeline. As we embark on our first newsletter of 2024, a confluence of factors contribute to Farient’s expectation that 2024 will be marked by leadership transitions among America’s largest companies.
And there’s more: On January 24, NACD’s New York chapter hosts “Evolving Roles: New Challenges for Talent and Compensation Oversight,” with Farient Advisors’ RJ Bannister, Fanatics Chief People Officer Orlando Ashford, and Ziff Davis Board Director Trace Harris in a conversation led by Accenture’s Lindsey Baker.
RIP Compensation Committees?
The expanding remit of board compensation committees is reflected in a plethora of charter and name changes. What’s their significance? We explore the increasing number of renamed compensation committees, the most popular terms being added to committee monikers, and their significance to company stakeholders. There are variations by size and sector.
Stakeholder Incentives and ESG: A New Chapter
How entrenched is the anti-ESG movement in the various regions of the world? That question is explored in the soon-to-be-released report, 2024 Global Trends in Stakeholder Incentives: What’s Next? produced by Farient Advisors in conjunction with the Global Governance and Executive Compensation (GECN) Group.
Also included in the upcoming 2024 report: