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Showing 1301 - 1310 of 2433 results for "Directors"

No evidence that independence would boost performance: CIFR

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
... completed the research together with Suzanne Le Mire of the University of Adelaide, said that the concept of independent directors had become a widely accepted aspect of governance within the listed company sector. However, the application of independence ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
One of the world's largest pension funds believes that company directors who serve more than 12 years on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
If no government is brave enough to mandate one-third independent directors on superannuation boards then funds should at least be accountable to members for their hires via an industry-wide governance code. This view is a key theme from responses to ...

Women on boards tracking well: AMP Capital

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
... Releasing its latest corporate governance report AMP Capital said in 2010, 60% of companies the firm held had no women directors. By 2015, this number had fallen to 21%. AMP Capital corporate governance manager Karin Halliday said there is a sound business ...

Energy Super appoints new board members

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
... Queensland energy and financial industry professionals to its board. Joining the nine-member board as employer-representative directors are Clive Skarott and Richard Flanagan. The pair replace outgoing directors Geoff Baldwin and Gary Humphrys. Skarott ...

Governance reform not targeting industry funds: O'Dwyer

MARK SMITH  |  MONDAY, 29 FEB 2016
... Addressing the Committee for Economic Development of Australia (CEDA) in Melbourne, O'Dwyer said having independent directors on boards was critical for achieving the best possible long-term results for members. "Right now, many super funds are out of ...

Drummond resignation prompts NAB leadership changes

MARK SMITH  |  MONDAY, 22 FEB 2016
... including group executive Westpac institutional bank and chief financial officer. NAB chairman Dr Ken Henry said: "My fellow directors and I are delighted Mr Chronican, one of Australia's most respected bankers, has accepted our invitation to join the ...

Blue Sky lifts profits

MARK SMITH  |  MONDAY, 22 FEB 2016
... assets under management (AUM) to the end of December 2015 grew to $1.7 billion, up from $1.35 billion at June 2015. The directors brought forward AUM guidance to $2 billion by the end of June 2016. Blue Sky also updated the performance of the investment ...

KPMG boosts wealth management with industry fund veterans

ALEX BURKE  |  FRIDAY, 19 FEB 2016
KPMG has hired two directors for its wealth management and superannuation advisory business, both having held senior roles in the industry fund sector. David Bardsley joins KPMG from AustralianSuper, where he headed up the super fund's investment program. ...

IAG appoints new chair

ALEX BURKE  |  THURSDAY, 18 FEB 2016
... with Berkshire Hathaway. "I am proud to be chosen to fill his role and I look forward to working closely with my fellow directors and management to ensure the continued success of this great company."