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Proxy Disclosure Benchmarking: Management Succession Planning

By Randi Morrison posted 01-15-2024 05:13 PM

  

This new report from the Council of Institutional Investors (CII) Research and Education Fund: “Management Succession Planning Disclosure in 2023 Proxy Statements” reveals the results of its review of S&P 100 proxy statement management succession planning disclosures across nine elements. As noted below, a majority of companies addressed in some fashion the role of the board as a whole, board committee involvement, long-term succession planning, and measures taken to identify internal candidates.

The report briefly discusses the findings by element, accompanied by relevant examples.

See our recent report: “Society Members Speak! CEO Succession Planning.”

                                               This post first appeared in the weekly Society Alert!

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