by Gretchen Morgenson | Aug 18, 2017 | Business
Amid reports last Thursday that Stephen Sanger, chairman of the Wells Fargo board, may step down in the coming months, all eyes are on the bank’s directors and their oversight of the troubled institution. While some Wells Fargo shareholders are urging the bank’s...
by Gretchen Morgenson | Jul 15, 2016 | Business
It’s a frustrating fact of life for many mutual fund investors: Even if they’re distressed by outsize executive compensation at public companies whose shares they indirectly own, chances are good that the votes cast by their investment managers actually encourage...
by Gretchen Morgenson | May 31, 2016 | Lifestyle & Culture
New York-Appointing more women to corporate boards has long been viewed as a good thing for a company’s performance and for society as a whole. However, gender diversity among directors carries another benefit, 2015 proxy filings showed a bigger paycheck for the...