Cheryl Beebe, CFO, Ingredion
These days, public companies are facing a host of new and complex challenges, including compliance, data security and IT risk, but there are also some issues in the boardroom that never seem to go away. Executive compensation, succession planning and M&As continue to be top of mind for both directors and general counsel in the Fortune 500.
However, each group takes a decisively different approach to managing these issues—and their perspectives and priorities often vary when it comes to the importance of mission-critical business areas.
Shift of power
Historically, if you don’t like what management and the board are doing, you “vote with your feet” by selling your shares, explains Christine Edwards, a member of the board of directors at BMO Financial Group, a $15 billion financial services company based in Canada.