...ignal of concern about board composition, relating to diversity, lack of expertise or time constraints due to overboarding; shareholders may wish to register similar concern that the board or the company is not responsiv...

...y a woman. In addition, directors could temporarily increase the size of the board, introduce (and adhere to) overboarding restrictions, and adopt guidelines on expected board tenure. The scope of directors’ oversight re...

...s, according to a client memo from law firm Olshan Frome Wolosky... A change in the way asset managers define overboarding may deter activists from nominating their own employees to company boards, according to a client ...

...ect this change to affect any voting recommendations, but noted that there is the potential to interplay with overboarding policies and how investors think about assessing executive roles. ISS will consider directors who...

..."Overboarding" -- or serving on too many boards, continues to be a problem in corporate governance. Not only does it potentially stretch a board member too thin in regard to their ability to provide the appropr...

...9,7 so companies should pay particular attention to this area in 2020. The table below summarizes the current overboarding thresholds of certain major institutional investors and proxy advisory firms, according to their ...

...er corporate boards. The sheer number of directorships an individual holds at any given time can also create “overboarding” problems, or a situation where directors spread themselves and their oversight expertise too thi...

...uted to investors’ changes to, and enforcement of, their overboarding policies. Vanguard updated its director overboarding policy in April 2019, announcing that it would generally vote against named executive officers se...

...consider other corporate leadership skills in the nomination process; and an uptick of concern about director overboarding. The Index also finds that low boardroom turnover rate continues to persists, and is likely to co...

...overnance: much of the evidence is mixed and little of it demonstrates a clear impact, with the exceptions of overboarding (negative) and audit committee requirements (positive). Instead of these conventional attributes,...

...re boards, suggesting the emergence of another new standard for overboarding. To test the potential impact of overboarding on company performance, we examined several scenarios of director overboarding and their correlat...

...rector attentiveness and commitment. Do they have the necessary time and energy? More focused issues are with overboarding (whether directors are serving on too many boards) and with the distractions presented by the dir...

Vanguard Groups tough stance on directors serving on too many boardssometimes called overboardinghas started to bite, says Don Bilson, head of event-driven research at Gordon Haskett...

Investors are increasingly pressuring corporate directors to limit how many boards they sit on as the job becomes more demanding. Top institutional investors such as Vanguard Group and BlackRock Inc. have updated their policies for voting in board elections to discourage what they see as too many directorships at once. Companies have also been adopting their own policies restricting how many other board seats their directors can hold...

...rawn from the ranks of large company boards). This is a question that must be considered by both sides to the overboarding debate, especially given the surprising results of the new Conference Board study. These results ...