The NACD's "Director Tip Sheet: Discussing Boardroom Diversity with Major Shareholders" shares input from institutional investors on board diversity engagement participants and topics. Likely engagement participants are proxy statement preparers (reportedly usually in-house counsel, who may also be the corporate secretary, or IR) and the Nom/Gov chair. Anticipated discussion topics addressed in the report consist of: (i) board demographics (particularly gender and racial/ethnic background); (ii) board evaluation practices, including evaluation scope (who is evaluated) and frequency, and whether evaluations are tied to the director renomination process; (iii) board skills in the context of the company's strategy; (iv) director renomination practices; and (v) new director recruitment practices.
Access additional information & resources on our Board Diversity, Board Recruitment & Refreshment and Board/Director Evaluations pages. This post first appeared in the weekly Society Alert!