Lessons From the 2020 Proxy Season: Board Diversity

In this episode of S&C’s Critical Insights podcast series, Marc Treviño, co-head of S&C’s Corporate Governance practice and managing partner of its Executive Compensation Group, is joined by Annie Ostrager, co-head of the Firm’s Labor & Employment Group, to discuss lessons from the 2020 proxy season on board diversity.

 

This season was the first time U.S. public companies received a meaningful number of shareholder proposals specifically emphasizing the issue of racial diversity on boards. Marc and Annie highlight why this topic continues to be important for investors and corporate stakeholders. They also explore recent litigation centered on breaches of fiduciary duty and other allegations related to failures to achieve diversity on the board.

 

Click here to learn more about S&C’s 2020 Proxy Season Review and watch our recent webinar.