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Corporate governance advocates say appointing Mr. Keough without allowing shareholders to vote smacks of bad practices, although many companies name their directors this way.
The exchange has no plans to make companies name lead directors, but the chairman of the exchange, Richard A. Grasso, said that someone would have to chair those private sessions, and that person could very well be a lead director.
It should have a lasting effect on the way companies name and position their brands too.
This is just how companies name themselves today.
When most big companies name outside directors (also known as nonexecutive directors), they tend to draw from a familiar pool of corporate luminaries close to home.
Current TV have previously made a little-known deal with Google to release Google Current, which was a similar concept though hosted on the Current TV site and servers (what they got from the relationship with the search giant is unclear, other than splashing the companies name throughout the videos).
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The companies named have come out fighting.
The Guardian contacted all the companies named by Sandbag.
The companies named in the suit declined to comment.
Launched in 2014, Codacy says it has been used by hundreds of companies, name-checking Paypal, Adobe, Qlik, Cancer Research UK, and Deliveroo as customers.
The companies named said they were working with the ICO.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com