You have to wonder how Brain Gaynor keeps his column in a shabby tabloid rag each week.
But there he is once again banging on about something that other people and companies should do but one that he himself isn’t doing.
Brian Gaynor is a weapons grade hypocrite.
The election of directors will be one of the most important issues during the upcoming annual meeting season.
Should our listed companies have more women directors? What is the appropriate mix of executive and non-executive directors? Should the chief executive be a director? Are New Zealand companies doing enough to find and develop new directors?
The Australian Council of Superannuation Investors (ACSI), whose members hold an average 10 per cent of the largest 200 ASX companies, launched a major initiative last week that “aims to lift the representation of women on the boards of ASX companies to at least 30 per cent of all directors by the end of 2017”.
[O]ne of the biggest issues facing New Zealand business is the recruitment and development of new directors.
The 16 companies in this survey have appointed only eight new directors in the past 12 months. This is a very low number, particularly as 72 new directors have been appointed to ASX 100 companies in the 12 months prior to the survey.
A number of observations can be made about these eight new NZX company directors including; Read more »