The headlines around BP's decision to remove its chairman have focused on personality. That is the wrong lesson. This is a governance story.
The fundamental principle of directorship is simple: nose in, fingers out. Directors are there to stay informed, ask tough questions, and provide oversight. They are not there to run the company.
Strong governance is rarely about reacting to a crisis but recognising the quiet signals before they become headlines. The directors who avoid public crises are not always the ones with the most impressive resumes. They are the ones who act while the warning signs are still easy to ignore.
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In The Globe and Mail: "The Compassionate Values That Make Us Canadian Must Remain Steadfast"
As it marks the 38th anniversary since he embarked on his incredible journey to Canada, our Founder and Executive Chairman, Wes Hall, shared with The Globe and Mail the compassionate values that make us Canadian.
In Diligent Market Intelligence: "Corporate Governance in Canada 2023"
Ian Robertson, CEO of Kingsdale Advisors, shared with Diligent Market Intellignece (DMI) that U.S. activists were pouring into Canada in 2023 as they looked for a cheaper, untapped market.
When The Stakes Are Highest, Business Leaders Choose Kingsdale
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* Source: Bloomberg Global Shareholder Activism League Tables FY2025 and LSEG Global Shareholder Activism Review FY2025.
#2025 and 2026 indicate proxy seasons: July 2024 to June 2026.