Communicating Board Skills in Light of the NYC Comptroller and NYC Pension Funds National Boardroom Accountability Project Campaign — Version 2.0 02 Introduction
Trends in Investor Communications Communicating Board Skills in Light of the NYC Comptroller and NYC Pension Funds National Boardroom Accountability Project Campaign — Version 2.0 02 Introduction At Argyle, we spend significant time collaborating with our clients on Board disclosures. From enhancing director biographies to considering various forms of skills matrices to expanding discussions on key boardroom processes, we aim to present director information in a clear and reader-friendly manner. Although we pay particular attention to the presentation of the disclosures, we actually are much more focused on the substance - explaining, in the context of the election of directors, why the presented nominees are the right individuals (and, collectively with the other directors, the right Board) to oversee and guide the company. The NYC Comptroller and NYC Pension Funds National Boardroom Accountability Project Campaign — Version 2.0 Following years of discussions on this topic, and increasing investor interest in understanding the Board’s own process for reviewing and evaluating composition, we were not surprised to see a more formal call for these disclosures. On September 6 2017, as part of their National Boardroom Accountability Project Campaign — Version 2.0, the NYC Comptroller and NYC Pension Funds addressed a letter1 to the nominating/governance committee chairs of 1512 portfolio companies, which had adopted proxy access in response to shareholder proposals submitted by the Funds. In the letter, Comptroller Stringer requested: “. to
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