In the Margins

GE announces board overhaul

March 6, 2018

By The Washington Post

General Electric has announced an overhaul to its board that includes the departure of eight directors, the nomination of three new members, and an eventual change next year in its independent lead director. If GE shareholders approve the nominees, the industrial giant will have just 12 directors—far closer to the average size board and 33% smaller than the 18-member board it had a year ago. Read the original story from The Washington Post.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...