Tag Archives: board diversity

Diversity’s future less than clear

Despite new OSC regulations, the proportion of women directors and senior executives on TSX-listed companies in 2016 is unchanged from 2015. What will it take to move the dial?
By Listed staff
October 10th, 2016

Here’s a free tip for any member of the board or senior management of a TSX-listed company. Steer clear of fortune-tellers unless you can bear to hear the following: “I see quotas in your future.” Not tomorrow, not next year, … Continue reading

Posted in Ticker, Top Stories | Tagged , , , , , , , , , ,

Showing the way

Insider: Deborah Gillis
August 2nd, 2016

Who Deborah Gillis, president and CEO of Catalyst. Gillis, a Canadian, became the first non-American head of the New York-based, global organization in 2013. Catalyst champions gender diversity and the advancement of women on boards of directors and in the … Continue reading

Posted in Insider, Top Stories | Tagged , , , , ,

Follow their lead

So much of what you hear about building board and executive diversity is how long it takes and difficult it is. Then there are those companies and organizations, like the governance award winners profiled here, that just go out and do it
By Robert Thompson
October 10th, 2015

Howard Wetston wasn’t happy. Wetston, chair of the Ontario Securities Commission, was speaking on the topic of gender diversity at the annual meeting of the Canadian Coalition for Good Governance in June. For the OSC, its most recent salvo in … Continue reading

Posted in Handbook | Tagged , , , , , , , , , , , , ,

The No. 1 boardroom issue for 2015

Activists realized board composition was a key factor in company performance some time ago. Now it’s also moving to the forefront of voting concerns for ordinary shareholders. Translation: either your board addresses it or others will
By Beverly Behan
May 13th, 2015

Shareholder activists have long found success in running slates of candidates whose expertise and backgrounds appeared stronger and more relevant than those of the incumbent board members; CP Rail is a classic example. But now, board composition is becoming a … Continue reading

Posted in Handbook, The Boardroom, Top Stories | Tagged , , , , ,

The term-limit era has begun

The new “comply or explain” regime for gender diversity on boards and in senior management that comes into effect for 2015 also requires issuers to embrace board renewal. For some, it will be a challenge—and that’s the point
By Ken Mark
December 18th, 2014

Boards and senior staff at many Canadian publicly listed companies face new paperwork and then some before their 2015 annual general meetings. That’s because as of December 31, 2014, securities regulators in nine of Canada’s 13 provinces and territories will … Continue reading

Posted in Handbook, Top Stories | Tagged , , , , , , , ,

What’s not to like?

Canadian regulators are starting to mandate board and executive diversity. Considering the strong business case for new blood and fresh ideas, you wonder why they have to
By Paul Brent
April 21st, 2014

If you want a glimpse of what corporate Canada looked like 50 years ago you don’t have to invent a time machine. A far easier method would be to sit in on the directors’ meetings of at least half the … Continue reading

Posted in Spring Report, Top Stories | Tagged , , , , , , , , , ,

Where are the great new female directors hiding?

Boards seeking to expand their ranks of women directors and boost diversity will only succeed if they also rethink how and where they’re looking
By Beverly Behan
April 21st, 2014

The title of this column echoes a question many nominating and governance committee chairs will be asking if the Ontario Securities Commission implements its new proposals on gender diversity. But many will find those answers only if they break away … Continue reading

Posted in Handbook, The Boardroom, Top Stories | Tagged , , , , ,

Comply or explain: enough of a push?

The Ontario Securities Commission seems poised to recommend that the province adopt a new “comply or explain” regime for public issuers in a bid to move companies to boost gender diversity on boards and in management. Despite iffy results elsewhere, it’s got widespread support
By Mark Anderson
December 15th, 2013

Whatever is or isn’t on the table from the Ontario Securities Commission by the time you read this, any director, senior executive, corporate secretary, or governance or proxy adviser worth his or her salary will have already started thinking about … Continue reading

Posted in Ticker, Top Stories | Tagged , , , , , , , , , ,

OSC hears it—and responds

It took some stakeholder activism, but now board diversity and shareholder democracy, including reform of the proxy voting system, are high on the Ontario Securities Commission’s priority list for this fiscal year
By Celia Milne
September 16th, 2013

Shareholder and stakeholder pressure may already be a way of life for listed companies. But over the summer, the Ontario Securities Commission got a taste of the same medicine when it came to setting its line-up of priority issues and … Continue reading

Posted in Departments, Handbook, Top Stories | Tagged , , , , , ,

Directors wanted: operational experience required

It’s a common lament at many boards: we can’t find new directors with CEO-level operational experience. It’s also mostly hogwash. A much bigger problem: tired, safe, word-of-mouth recruiting practices
By Robert Thompson
April 15th, 2013

It isn’t a lack of talent, but a myopic viewpoint that limits Canadian boards when it comes to adding new directors. That’s the take of corporate governance expert Beverly Behan. Her remarks come at a time when yet another report, … Continue reading

Posted in Handbook | Tagged , , , , , ,

Change time is anytime

There’s only one Hunter Harrison. But the fight he’s led with activist Bill Ackman for Canadian Pacific Railway should have every director thinking about board renewal—and what happens when it slips
By Cooper Langford
March 16th, 2012

UP UNTIL THIS YEAR, E. Hunter Harrison’s reputation as a railway titan rested squarely on his tenure as CEO of Canadian National Railway Co. when, from 2003 to 2009, he built CN into a North American leader in efficiency and … Continue reading

Posted in Features | Tagged , , , , , , , , , , , ,