Meridian released the key findings from their 2022 survey focused on company practices and policies for board governance, compensation-related proxy disclosures and long-term incentive programs for the Meridian 200, a subset of the S&P 500. Highlights are provided below, but the full survey is well worth a read. Common Board Practices Tenure . 47% of board members have served for five years with 28% serving for 10 or more years. This is a decrease in tenure of 5%, indicative of the focus on board refreshment. However, it is still uncommon to have mandatory term limits. Diversity . Nearly all companies…
