Greg Lau, head of our Board Advisory Practice, served as a panelist this past Monday at Skytop Strategies’ Environmental, Social, and Governance Summit in New York City. The panel was entitled, “Filling the Talent Gap on Boards: Independent Board Development Through the Lens of Proxy Access”.
As a result of this speaking engagement, Lau is featured this week in Bloomberg BNA by reporter Andrea Vittorio, who was present at the conference. In her piece, “Proxy Access Impact Seen as Similar to `Say-on-Pay’”, Vittorio writes:
Proxy access, which typically allows investors that own 3 percent stakes for at least three years to name nominees to the board, is “fairly young,” Gregory Lau, a managing director at board and executive recruiting firm RSR Partners, said June 20. But Lau said it could ultimately help improve the dialogue between investors and companies on issues such as director diversity and turnover rates, much like say-on-pay did for executive compensation. “I think boards are on notice,” he said at a Skytop Strategies summit focused on environmental, social and governance issues in business and investment. “I think boards have listened to it.”
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