Cleary's "Update on Board Diversity Developments" is aimed at updating management and boards on the numerous, investor-driven board diversity engagement and proxy voting activities, with a view toward expected ongoing (if not intensified) focus in this area. Among the key takeaways for governance professionals and in-house counsel: Be very strategic about director skills & attributes evaluations and disclosure to ensure you are showcasing directors' strengths in a way that anticipates and comports with activist investor perspectives.
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See also these recent reports: "Board Diversity Toolkit & Sample Diverse Candidate Search Policies" and "New Director Profile Reveals Continued Diversification," and additional information and resources on our Board Diversity page. This post was first included in the weekly Society Alert!
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