As a result of last year's figures, two extra IROs
have been added.
An SEC official I spoke with said this is an over-reaction, and recommends that the company's IRO
either write the MD & A or be intimately involved in the process, to ensure that the information is consistent with what the company is telling the investor community.
While boards tend to look to the general counsel or corporate secretary for advice on governance issues, the IRO
is taking on an expanded role with respect to the board.
According to the findings of a recent NIRI (National Investor Relations Institute) survey, 72 percent of IROs
say that they are now the financial media's primary contact in their company, Thompson said.
The proportion of Fortune 500 IROs
receiving cash bonuses of between $50,000 and $100,000 continued to climb for the fourth year in a row, to 21 percent.
Further, the survey found that half of responding IROs
from the financial services and healthcare industries claim they don't follow a crisis communications plan at all.
1 The objective of this RFP is to have access to IROs
that will consider appealable decisions of health
Additionally, to stay informed or ask other IROs
for their opinions throughout the year, you are invited to join the IRO
Community and Forum online at http://community.
can also respond a lot more quickly to investors than can the CEO or CFO," says Fox.
The survey of NIRI member and Fortune 500 corporate IROs
shows that average base salary ranges and department budgets have held steady since the recession began.
With the help of successful, experienced IROs
who devoted their time and expertise to this program, this curriculum received an "insider's view" of property ownership and management practices.
That, of course, would be good news for frustrated CEOs, CFOs and IROs
fighting for analyst and fund manager attention.