Directors & Boards e-Briefing: July 5
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eBriefing

Volume 12, Number 14 • July 5, 2016
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What Brexit Means for
U.S. Company Boards

 

                    
 
BY ERIC SIEGEL and SARAH KUPFERMAN

The United Kingdom's unprecedented vote to leave the European Union (Brexit) has dramatically upended global markets. It may take months, if not years, before the UK redefines its relationship with the EU and the rest of the world. And the outcome is far from certain--whether and in what form the UK actually exits the EU remains to be seen.

Many U.S. companies, even those without a UK presence, will be touched by Brexit directly or from the impact on competitors, customers or suppliers. 


 
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Directors & Boards' Director Education Webinar Series

Investigative Due Diligence: A Practical Guide To What Directors Need to Know

September 30, 2015
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Refreshing the Board: Age or Term Limits, Skillsets and the Hard Conversation 

September 16, 2015
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Directors to Watch 2015: The Making of Successful Women Directors 

August 19, 2015
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EXCLUSIVE ONLINE CONTENT

The 7 Fatal Fallacies of Criticism Of Activist Investing

BY CHUCK NATHAN

Attacks on activist investing often tread a familiar and well-worn road, long on inflammatory rhetoric and specious arguments and short on reason and respect for the facts. A recent example is a commentary by two Wachtell Lipton lawyers titled “Corporate Governance Update: Holding Activists and Proxy Advisory Firms Accountable,” published in the New York Law Journal on May 26, 2016.
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REPUTATIONAL RISK

With Ownership Comes Great Responsibility

BY CHUCK SAIA

It is difficult to believe in today’s digitally driven world that technology was not always a concern for boards and senior management teams. Many organizations added chief information officers to the executive team and made sure a board member had relevant knowledge or experience.

I believe reputation is on a similar track. Like technology, reputation is an issue that’s rapidly evolving, connected to all parts of an enterprise, and requires a dedicated leader who has the ear of upper management and the board.

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Events

NACD: Leading Change - Board and Investor Perspectives
July 19, 2016

NACD will host a fireside chat with Edison International Chairman and CEO, Ted Craver. Ted will share his experience leading the evolution of company strategy, aligning with California and national policy leaders on climate change action, Board transition, and accountability to shareholders for strategy and financial performance. The event will take place at The California Club, 538 S. Flower Street, Los Angeles, CA 90071.  Click here for more information about this event.
Family Business Wealth Conference Speakers Added; Registration Discounts







 
Family Business Wealth will bring real-world solutions to wealth management across generations, in the context of the actively operated family business or the actively managed family investment pool. 

This conference is ideal for: Family business CEOs/Chairs/CFOs; Family business shareholders; Family council leaders and members; Family office leaders.

Click here to learn more about this conference and for registration details.
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NEWS

EY's Four Takeaways from Proxy Season 2016
Each year, the EY Center for Board Matters issues its industry leading, comprehensive review of the year’s proxy season.

The report found that active — not just activist — institutional investors are reshaping the corporate governance landscape and challenging how boards think about fundamental issues such as strategy, risk, capital allocation and board composition. It includes a wealth of timely data from the Center for Board Matters proprietary database.


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Bank of America Board Appoints Michael D. White as its New Director

The Bank of America Corporation board of directors today appointed Michael D. White as a director, effective immediately. White, 64, is the recently retired chairman, president and CEO of DIRECTV.

White is an advisory partner for Trian Fund Management. He is the former CEO of PepsiCo International and former vice chairman and director of PepsiCo. 

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Geoffrey Y. Yang Joins AT&T Board of Directors
AT&T Inc. has appointed Geoffrey Yang to its Board of Directors. Mr. Yang is a founding partner and managing director of venture capital firm Redpoint Ventures. He will serve on the company’s Corporate Development and Finance Committee.

Yang joined Institutional Venture Partners (IVP) in 1987 and co-founded Redpoint in 1999. Redpoint and its partners have supported more than 40 IPOs and more than 60 acquisitions. 


                                READ MORE>

 

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