Globe Life Empowers Lead Independent Director to Call Special Board Meetings
Bitget2026/11/05 23:14- Globe Life adopted bylaw amendments on November 4, 2026, effective immediately.
- The amendments limit the compensation committee's pay-setting responsibility to executive officers.
- Previously, its remit also covered company or subsidiary employees earning annual salary and bonus totaling $500,000 or more.
- The lead independent director, if designated by independent directors, can now call special board meetings.
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