UK jail-a-banker rules will hike board pay

February 25, 2015

That’s the likely upshot of Britain’s new regime to hold financiers accountable for wrongdoing. Regulators have stopped short of applying the rules to all non-executives, but half of most boards still risk incarceration. As a result, they will probably demand more money.

Ballmer’s exit value is now Nadella’s to preserve

August 20, 2014

Microsoft’s market capitalization grew by over $100 bln from the day about a year ago the longtime CEO said he would resign to Tuesday, when he left the board. With his predecessor fading from the picture, maintaining the momentum is now firmly in new boss Satya Nadella’s hands.

Quotas for female directors are a necessary evil

March 8, 2012

Business leaders squirm at quotas to increase gender diversity on boards, as now mooted by the European Commission. Many women also hesitate because regulation might dilute the principle of elevation on merit. But change is coming too slowly. Sensible rules will hasten reform.

Fading crisis should galvanize bank boards

February 8, 2010

Bank regulators haven't exactly covered themselves in glory. But an earlier defense against bank excesses ought to be their boards.