#corporate-governance

#corporate-governance

Disney has named its parks chief Josh D'Amaro to succeed Bob Iger as the entertainment giant's top executive. D'Amaro will become the 9th CEO in the more than 100-year-old company's history. He has overseen the company's theme parks, cruises and resorts since 2020. The Experiences division has been a substantial moneymaker for Disney, with $36 billion in annual revenue in fiscal 2025 and 185,000 employees worldwide.

ADM announced on Tuesday that it has entered into a settlement agreement with the U.S. Securities and Exchange Commission (SEC) to resolve its investigation into ADM's prior reporting of inter-segment sales, without admitting or denying any wrongdoing. As part of the settlement, ADM agreed to pay a $40 million penalty. According to the SEC, ADM engaged in years of profit-shifting that made its star nutrition segment appear to meet ambitious growth targets, even as demand softened and margins declined.

As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.

This transaction strengthens the Company's balance sheet and reflects the Board's determination to take decisive action. With improved financial stability and a clear governance framework in place, the focus can now be on disciplined execution and long-term value creation.

JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for advice on shareholder voting decisions. The bank said it was "the first major investment firm to fully eliminate any reliance on external proxy advisors for our U.S. voting process," according to an excerpt from an internal memo seen by Business Insider.

The more consequential issue for boards and shareholders alike is whether director compensation frameworks are still "fit for purpose" in a governance environment that has grown materially more complex, more adversarial, and more global. If board service has quietly evolved into a role that requires greater time, sharper judgment, and higher reputational risk, then our assumptions about compensation deserve a closer look.

UK-listed companies will be able to bury controversies over executive pay for the first time in eight years, a thinktank has warned, after the Labour government shut down a public tracker meant to curb abuses and excess in the boardroom. The public register was launched under the Tory prime minister Theresa May in 2017 to name and shame companies hit by shareholder revolts at their annual general meetings (AGMs). That included rebellions over issues such as excessive bonuses or salary increases for top earning bosses.

To put this in perspective ... it is probably the most important launch of my career. ... This has been a personal journey of mine since I joined the company 43 years ago.

Striking Starbucks workers walk the picket line in New York City, on December 1, 2025.ANGELA WEISS / AFP via Getty Images Thousands of Starbucks workers across a hundred cities are nearly one month into an expanding, nationwide unfair labor practice strike in protest of the coffee giant's "historic union busting and failure to finalize a fair union contract," according to Starbucks Workers United, the barista union that has spread to over 650 stores since its birth in Buffalo four years ago.

In its announcement, Binance reported that it has secured three global financial licenses within Abu Dhabi Global Market, a special economic zone inside the Emirati city. The licenses regulate three different prongs of the exchange's business: its exchange, clearinghouse, and broker dealer services. The three regulated entities are named Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited, respectively.

Did you know that nearly 60% of companies struggle to find the right non-executive director? This alarming statistic underscores the importance of a strategic approach to your non-executive director search . In today's dynamic business environment, having the right leadership can make a world of difference in steering your organization toward success. Here, we'll explore five key steps to streamline your search, ensuring you find the ideal candidate who aligns with your company's vision and values.

Choose your heroes very carefully and then emulate them. You will never be perfect, but you can always be better.

In his annual shareholder letter-the last one he will pen as CEO before Berkshire vice chair Greg Abel takes over on Jan. 1-Buffett suggested chief executives are driven by greed and selfishness to drive up their own pay after seeing competitors ratchet up their own remunerations. "What often bothers very wealthy CEOs-they are human, after all-is that other CEOs are getting even richer," he said. "Envy and greed walk hand in hand. And what consultant ever recommended a serious cut in CEO compensation or board payments?"

Stobart, a former Sage executive, was appointed as chair at the end of 2017. The goal was to ramp up growth and make Zen a £100 million business within three years and a £250 million business within a decade. It didn't pan out that way. Tang appointed Stobart to the role of chief executive on October 1, 2018, and Tang took Stobart's former role as chair.

When Citigroup last week gave CEO Jane Fraser the additional role of board of directors' chair, the event was a widely covered ho-hum. CEOs are often board chairs as well, and the move merely gave her the same positions held by JPMorgan Chase's Jamie Dimon and Goldman Sachs's David Solomon. But the news isn't quite as ho-hum as it seems.

If I were like, a sports star or an artist or something, and just really cared about doing a great job at my thing, and was up at 5 am practicing free throws or whatever, that would seem pretty normal right?