The investment management firm said Faber has stepped down effective immediately
Larger companies and certain sectors tend to be doing a better job at finding female corporate directors
They also favor a ban or sunsetting of unequal voting rights
Diverse perspectives and expertise lead to better business outcomes
An upcoming roundtable will include a panel discussion on the results of the OSC latest review of disclosure concerning women on boards and in executive officer positions
Corporate boards affected by shareholder activism are becoming younger but less diverse
Applications for the SRO's representative on CDS's board are due by Aug. 18
Pamela Steer takes over the role while Vadim Gracie is the new vice chairman
The two bring “a wealth of financial and capital markets experience that enhances the bench strength of the board,” the firm states
The investors are suing 16 directors claiming negligence, breach of fiduciary and statutory duties, and that the directors’ actions were oppressive