corporate governance

On October 27, 2025, SSR Mining Inc. (SSRM) announced the resignation of Simon Fish from its Board of Directors to join TD Bank Group as Senior Executive Vice President and General Counsel. Fish, a board member since 2018, chaired the Corporate Governance and Nominating Committee. Executive Chairman Rod Antal acknowledged Fish’s significant contributions. Following Fish’s departure, SSR Mining’s board will consist of eight members. Analysts are monitoring the company’s long-term strategy amid volatile commodity prices and ESG considerations.

Elon Musk criticized proxy advisory firms ISS and Glass Lewis, labeling them “corporate terrorists” for influencing shareholder votes, particularly regarding his compensation package. These firms hold significant sway over institutional investors, especially with growing passive investment. Critics, including Musk, worry about their lack of nuance and potential to undermine corporate governance. Proponents argue they provide valuable research for investors lacking resources. The debate underscores a fundamental question about the control of publicly traded companies and the growing role of proxy advisors.

Ahead of Tesla’s quarterly earnings, a coalition of labor unions and governance watchdogs launched “Take Back Tesla,” opposing Elon Musk’s proposed $1 trillion stock-based pay package. They argue it’s excessive, given Musk’s divided attention and political activities potentially harming the brand. Aiming to influence shareholder votes and pressure public pension funds, the campaign highlights concerns over Musk’s prioritization of Tesla amid other ventures. Proxy firms ISS and Glass Lewis also advise against the plan. The debate includes scrutiny of Musk’s control, commitment, and Tesla’s performance.

Nano Dimension (NNDM) will hold its 2025 Annual General Meeting on December 4, 2025, in Waltham, MA and virtually. Shareholders of record by October 14, 2025, can vote on key proposals including auditor reappointment, director elections, compensation matters, and amendments to stock option and indemnification plans. The meeting will also cover the 2024 audited financial statements. Proxy materials with details are available on the SEC website and Nano Dimension’s website. Voting deadline is November 26, 2025.

ISS recommends Tesla shareholders vote against Elon Musk’s proposed compensation package, a “mega performance equity award” valued near $1 trillion but raising concerns about its magnitude and alignment with long-term shareholder interests. Tesla’s board defends the package as crucial for retaining Musk and incentivizing growth. The firm also suggests voting against investing in xAI and reinstating a board member due to governance concerns. Musk, owning a substantial stake, could still secure approval despite the recommendations. The vote is pivotal for Tesla’s future leadership and governance.

e.l.f. Beauty’s “Change the Board Game” initiative promotes boardroom inclusivity as a driver of business success. The initiative, supported by a growing network of partners, cites e.l.f. Beauty’s own diverse board and financial performance as evidence. New research from N.C. A&T shows a correlation between gender diversity on boards and Return on Equity, with companies having above-average gender diversity consistently outperforming those with less. e.l.f. Beauty encourages other companies to join the coalition.

FEMSA (NYSE: FMX) announced Jose Antonio Fernández Garza-Lagüera as its next CEO, effective November 1, 2025. Garza-Lagüera, currently CEO of FEMSA Proximity & Health, brings extensive experience from various leadership roles within the company. The appointment follows a structured succession plan. José Antonio Fernández Carbajal will remain Executive Chairman to ensure a smooth transition. Garza-Lagüera currently manages a large operation including over 28,000 stores across multiple countries, showcasing his capabilities to drive FEMSA’s growth, innovation, and sustainability focus.

Ping An Insurance (Group) Company of China’s sustainability efforts are gaining recognition, with an upgrade from “A-” to “A” in Hang Seng Indexes Company’s 2025 ratings. Impressive environmental performance and corporate governance contributed to high rankings within the Hang Seng Composite Index and Hang Seng China A (Investable) Index. Ping An’s strategy focuses on integrated finance, health, and senior care, leveraging technology and green initiatives. The Group’s commitment extends to rural revitalization and community support through its “San Cun Hui” welfare platform.

Okta, Inc. (NYSE:OKTA) announced a proposed settlement for derivative matters, featuring corporate governance reforms and internal controls approved by the Board Settlement Review Committee. A Settlement Hearing is set for October 24, 2025. The settlement includes $2.25 million for legal fees, pending court approval. Stockholders as of June 26, 2025, can object by filing written objections 14 days prior to the hearing. The settling parties believe the reforms provide substantial benefits to Okta and its stockholders.

H World Group (HTHT) announced Board of Directors changes effective August 15, 2025. Justin Martin Leverenz, ex-CIO at Invesco Developing Markets Fund, joins as a director. Yi Zhang (Bonnie Yi Zhang), SINA Corporation’s CFO, becomes an independent director and Audit Committee chairwoman. Lei Cao joins the Compensation Committee. Tong Tong Zhao transitions to Board observer. Jian Shang departs from independent director and committee roles. These changes aim to bolster H World’s strategic growth with diverse financial and emerging market expertise.