TheCorporateCounsel.net

The latest installment of Glass Lewis’s 2026 Proxy Season Global Trends Report has some interesting findings about board oversight of cybersecurity and AI in the US & abroad. The report found that board oversight of cyber at large cap companies is almost universal, and that while defined board oversight of AI is ramping up quickly, it still lags cyber. This excerpt has the details:

– In both the UK and Continental Europe, clear attribution of cybersecurity oversight has become standard practice, disclosed by over nine in ten large cap companies.

– Board oversight of AI is less established but is catching up quickly, present at around seven in ten large cap companies in Europe – a significant increase from the previous year.

– More than half of Continental European large caps have an AI policy in place, up from around one in five in 2025. Over four in ten UK companies have done the same.

– In the U.S., board oversight of cybersecurity issues is similarly well established among Russell 1000 companies with AGMs through June 2026, disclosed by nearly nine in ten and largely consistent with 2025.

– AI policies remain less prevalent but appear to be rising, with approximately 21% of Russell 1000 companies with AGMs through June 2026 having an AI policy in place, an increase from around 15% in 2025.

In addition to addressing cyber and AI oversight activities, the report discusses shareholder voting trends in board elections, and trends in board gender and ethnic diversity.

– John Jenkins