Joint NCF/ACGI effort results in improved corporate governance at eBay, others

The Nathan Cummings Foundation

 

Joint NCF/ACGI effort results in improved corporate governance at eBay, others

Online auction giant eBay has moved to declassify its board of directors following receipt of a shareholder proposal led by the Nathan Cummings Foundation. The result of a joint effort coordinated by the American Corporate Governance Institute, the eBay success is part of a larger campaign that has prompted more than a dozen corporations to take steps to declassify their boards of directors. The successful campaign has been covered by a number of websites and blogs, including The Motley Fool and RiskMetrics' blog.

Read the RiskMetrics blog posting

Read the Motley Fool blog posting