Part I of our two-part Annual Memo series identified important considerations when preparing Annual Reports on Form 10-K in 2023. Part II of this memo below, describes our key.
Board diversity and disclosure is poised to remain a focal point during the 2023 proxy season. Stakeholders continue to raise their expectations for board diversity of skills, expertise, gender, race/ethnicity and sexual orientation, along with transparent disclosure of the board’s composition. Boards are being asked to demonstrate that they represent the diversity of their company’s customers and employees and the communities in which their company operates.