2021 Corporate Governance Trends in the Retail Industry: Brick-and-Mortar and E-Commerce Retail Companies Vary in Adoption of Corporate Governance PracticesSullivan & Cromwell LLP - September 29, 2021
Brick-and-mortar and e-commerce retail companies vary in adoption of corporate governance practices, even as retail companies that are historically brick-and-mortar expand into the e-commerce space and vice versa. As demonstrated by a review of 14 retail companies, slight differences between brick-and-mortar and e-commerce retail companies exist regarding board composition, committee structure and membership, diversity, shareholder rights and corporate disclosures. This memo highlights these differences and summarizes retail industry corporate governance trends.
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