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Business Roundtable Appoints Jamie Dimon as Chair

By Randi Morrison posted 12-08-2016 03:57 PM

  

The Business Roundtable announced that JPMorgan Chase Chair & CEO Jamie Dimon has been named Chair of the association for a 2-year term beginning January 1st, succeeding Caterpillar Chair & CEO Doug Oberhelman.

As previously reported, the Business Roundtable recently released a series of proposed shareholder proposal reforms, which followed its release in August of progressive, updated Corporate Governance Principles that - among other things - emphasize investors' responsibility and accountability for long-term value creation coincident with their quest for increasing influence on corporate decision-making, and oppose their use of the proxy process to pursue social and political agendas (reported on here).

Dimon/JPMorgan was among the signatories to the widely-publicized company/institutional investor Commonsense Principles of Corporate Governance released in July that aim to promote long-term-oriented governance (reported on here).

Last week, we reported that Dimon was among the approximately 15 CEOs and other business leaders appointed to the President-Elect's new Strategic & Policy Forum. The group will reportedly meet with the new President frequently to provide input on how government policy impacts economic growth, job creation, and productivity.

See these articles from The Hill and The Washington Post.

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