In this issue: Feature Articles | Bonus Online Content | Calendar of Events | News
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EFFECTIVE CEO TRANSITIONING
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Four planned pursuits
that will pay dividends on the
hiring investment.
By PAUL BOHNE
A CEO search, whether to fill an unexpected vacancy or as part of a planned leadership transition, requires months of preparation, interviewing, discussion, and negotiation. By the time a new CEO is selected, the board will have made a significant investment of resources — financial, time, and emotional.
It is no wonder that once the new chief executive is hired, directors are inclined to breathe a sigh of relief and return their attention back to other governance matters.
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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
Refreshing the Board: Age or Term Limits, Skillsets and the Hard Conversation
September 16, 2015
Directors to Watch 2015: The Making of Successful Women Directors
August 19, 2015
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TRANSITION RISK: THE SILENT KILLER
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Transitions can be deadly because risk increases exponentially at times.
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By RENEE FELLMAN
Risk is a hot topic. In fact, corporate boards are inundated with information and advice about how to mitigate strategic risk, operational risk, credit risk, cyber risk, reputational risk, legal and regulatory compliance risk, consensus risk and more.
Risk, however, increases exponentially during times of transition, but transition risk is seldom—if ever—specifically addressed.
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Filling the role of audit committee chair.
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By ALYSE BODINE and MICHELE HEID
The role of audit committee chair today may fairly be called the hot seat. The role has always been demanding, typically requiring more time than any other committee assignment and encompassing a broader range of responsibilities. Audit committees meet more frequently than other board committees, spend additional time with external auditors, and work closely with the CFO and key financial leaders. But over the past five years, the responsibilities have continued to multiply and the pressures on the audit committee and its chair have greatly intensified.
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CyberVista Cybersecurity Workshop
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June 30, 2016
CyberVista will host a board workshop highlighting their interactive approach to cybersecurity literacy and risk-based decision-making. This half-day event will take place at the Center for Strategic and International Studies (CSIS) in Washington, D.C. The programming is designed specifically for board members and is open to board members and executives only. It approaches cybersecurity as a critical business risk. The workshop includes lunch, a valuable keynote from Jim Lewis, an internationally recognized expert on cybersecurity, interactive sessions, a cybersecurity simulation led by Booz Allen Hamilton, and a cocktail hour.
Click here for more information about this event.
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WomenCorporateDirectors Foundation Visionary Awards
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WomenCorporateDirectors is putting out a call for nominations for its Foundation Visionary Awards. The four awards they are accepting nominations for include: Leadership and Governance of a Public Company; Strategic Leadership (of a Woman CEO, Board Chair, Lead Director or Director); Innovation in Shared Value; and Leadership and Governance of a Private Company.
Click here for more information and to submit your nomination.
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E*TRADE Financial Corporation Appoints Kevin T. Kabat to Board of Directors
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E*TRADE Financial Corporation announced that Kevin T. Kabat has been appointed to the Company's Board of Directors. Kabat served as Chief Executive Officer of Fifth Third Bancorp from 2007 to 2015, where he was responsible for overseeing the strategic direction of the Company. Mr. Kabat also served as President of Fifth Third Bancorp from 2006 to 2012, Chairman from 2008 to 2010, and Vice Chairman from 2012 to 2016.
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Tribune Publishing Appoints David Dreier to Board of Directors
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Tribune Publishing Co. announced the appointment of David Dreier to its Board of Directors. Dreier is chairman of the Annenberg-Dreier Commission, which has focused on the role of technology in enhancing prosperity, good governance, and cross-cultural links throughout the Greater Pacific. Prior to leading the Commission.
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Laura Alber and Glenda Flanagan Join Fitbit, Inc.’s Board of Directors
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Fitbit, Inc. announced that Laura Alber, president and chief executive officer of Williams-Sonoma, Inc., and Glenda Flanagan, executive vice president and chief financial officer of Whole Foods Market, have joined the Fitbit, Inc. board of directors. Alber has served as the president and CEO of Williams-Sonoma, Inc. since 2010. Flanagan, the CFO of Whole Foods since 1988, has played a major role in the development of the company from six stores in the late 1980s
READ MORE>
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