NYSE And Group Of Issuers Form NYSE Governance Council To Facilitate Ongoing Discussions On Corporate Governance Matters
The New York Stock Exchange (NYSE) today announced the formation of the NYSE Governance Council to facilitate an open dialog between publicly-held companies and the NYSE on the rapidly evolving and increasingly complex corporate governance landscape.
"The NYSE has long been recognized as a leader in corporate governance and the Council will play a key role in continuing our commitment to being a trusted partner to companies seeking guidance and thought leadership on corporate governance issues," said Scott Cutler, EVP, Head of Global Listings, NYSE Euronext. "Through speaking to senior executives, it is clear that governance and compliance-related matters are front of mind amid an evolving landscape where shareholder activism is on the rise and public tolerance for compliance related failures is low. The NYSE considers corporate governance practices to be critically important to a company's success and longevity and vital for maintaining stability and confidence in public companies and the corporate world."