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Yet boardroom fears of this "revolution" seem a tad overblown.The vast majority of director elections in America are uncontested: board-nominated candidates run unopposed.
Thanks to a quirk in Illumina's bylaws, Roche is also seeking shareholder approval to claim two additional seats on the board, effectively taking over a majority of director positions.
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"The majority of directors here have other idols: Coppola, Scorsese".
But 60 percent of the company will be owned by Deutsche Borse shareholders and the majority of directors will be from Deutsche Borse.
But the board faces a shake-up, with the Treasury insisting that the majority of directors be independent.
Yet, it can take two years or more to replace a majority of directors on a staggered board.
The filings usually say flatly that the board has determined that a majority of directors meet independence standards.
A recent survey found that a majority of directors have had some previous experience with their corporations.
The majority of directors, as well as two-thirds of the members of the group's executive committee, would be European Union nationals, EADS added.
The new requirement that a majority of directors be independent replaces the current rule, which calls for only three independent directors, regardless of the size of the board.
The Ralcorp board is also elected on a staggered basis, which means it would take at least two annual meetings to replace a majority of directors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com