NEW YORK--(BUSINESS WIRE)--Boardroom Alpha, a ratings and analytics platform providing quantitative measurements of public company directors, CEOs and CFOs, today announced the appointment of two veteran corporate governance experts to its Advisory Board: Charles Elson, Professor of Finance and the Edgar S. Woolard Jr. Chair in Corporate Governance at the University of Delaware and Michael Callahan, Professor of the Practice of Law and Executive Director of the Rock Center for Corporate Governance at Stanford Law School. Elson and Callahan bring extensive academic and industry experience to the company which is setting the standard for the evaluation and selection of public company directors, officers, and corporate governance.
"Charles and Michael have unparalleled expertise in corporate governance and having them join as strategic advisors demonstrates the growing demand for applying advanced analytics to the boardroom and officers in order to drive long-term stakeholder value and improved shareholder returns," said David Pogemiller, CEO of Boardroom Alpha.
Elson and Callahan join Boardroom Alpha following the Q4 2020 launch of the company’s proprietary analytics platform which provides intelligence on more than 150,000 publicly listed company directors, officers, CEOs, and CFOs. Designed as a tool for investors, companies and other corporate stakeholders, the platform provides performance-based ratings for and comprehensive context on the directors, CEOs, and CFOs and analytic insights on the governance practices they’ve put in place. By understanding the quality of each team, investors are able to know which companies are more likely to outperform and companies will be better able to evaluate and improve their teams in order to deliver stakeholder value.
Charles Elson is recognized by numerous industry awards honoring his expertise and influence in corporate governance. Elson has written extensively on the subject of boards of directors, frequently contributes on corporate governance issues in academic and trade journals and has served on dozens of public boards. In addition to his position at the University of Delaware’s Alfred Lerner College of Business and Economics, Elson is also a consultant to the law firm of Holland & Knight.
“It’s astonishing that a ratings system for corporate board selection and evaluation based on rigorous and thoughtful data has yet to be widely adopted in the market,” said Elson. “Yet, Boardroom Alpha provides exactly that -- a boardroom report card that improves transparency and enhances market discipline. This platform is a critically important innovation for the market, and I look forward to supporting the company’s development.”
In addition to his academic roles at Stanford, Callahan has more than 20 years of corporate and general counsel experience, serving as senior vice president and general counsel at LinkedIn and executive vice president and general counsel at Yahoo! and as a mergers and acquisitions and corporate associate with Skadden, Arps, Slate, Meagher & Flom. Callahan has also held several board positions including at FiscalNote, Inc., the Georgetown Technology Alliance, Joint Venture Silicon Valley, and the Nasdaq Stock Market Listings and Hearings Review Council.
“It is no secret that Director, CEO and CFO conduct during their tenure clearly matters to shareholder return and fundamental performance,” said Callahan. “Boardroom Alpha’s depth of analytical rigor linking individual corporate leaders to quantifiable and observable material outcomes will provide further transparency on the impacts of corporate governance.”