As board evaluation processes mature, directors are becoming more willing to conduct in-depth evaluations of their peers and the full board, including asking members of management to describe their perspective on the board’s overall effectiveness via a third-party consultant. Though management’s input was once thought to be an unnecessary source of information, boards and consultants… Continue reading Boards Tap C-Suite in Evaluations
Category: Agenda
Board Moves: New Faces at Audit Committee Meetings
Boards are stuffing audit committees with new directors who have deep financial backgrounds as well as digital and e-commerce experience. Directors appointed to the boards of such companies as Becton Dickinson Co., Chesapeake Energy, GameStop, JetBlue Airways, MGM Resorts International, PulteGroup and United Rentals during the past four weeks have also been assigned to serve on audit committees, according to intelligence from SEC filings… Continue reading Board Moves: New Faces at Audit Committee Meetings