A Job Nell Done

There's an interesting article here in today's Sunday New York Times by Gretchen Morgenson about women on corporate boards and executive pay.  I note this, however, for a completely separate reason.

Throughout the article, only one person is quoted, referred to as an "expert on corporate governance," and at the top of the article, it is headed by a photo of her.  That would be Nell Minow.

As readers of these pages well-know, I often write about Nell and discuss her expertise in many areas -- most notably corporate governance and as a the "Movie Mom" movie critic (not to mention partner with me in the Apology Institute of America...) -- so, I like to point out articles like this to make clear I'm not just exaggeratiing about a friend but...she really is this good.

For those who are taking the holiday weekend off from clicking links, in short the article discusses the oddity of how a study shows that companies with woman on their board of directors pay their chief executives more money.  One reason for this, Nell points out, is that because it is so extremely difficult for  woman to get on a corporate board of director, a lot of pressure is put on them to "go along" in order to stay on the board.  As a result, when higher pay is proposed for the executives, they are more likely to support it.  The article goes into other areas and explanations of this, as well (including on how some of these business may simply be more successful and therefore pay more), but that's the basis of the piece.

​But mainly, just check out the article because Nell is in it so much.  Or simply to see the very nice photo.  We have our priorities, you understand...