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Volume 13, Number 12 • June 6, 2016
In this issue: Feature Articles | Bonus Online Content | Calendar of Events | News

THE 'NEGLECTED' SIDE OF
BOARD EFFECTIVENESS


Seeking an outside expert
can be a vital.


      
By MARY MOORE

All directors share responsibility to ensure board effectiveness, yet they are often reluctant to confront a peer whose behavior is dysfunctional. Most tend to leave such an awkward and difficult task to the board chair or lead director. But board leaders, too, can be reluctant to address behavioral problems. 

The best chairs lead by example and by building consensus, not by command. 

 
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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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FROM THE NEW ISSUE: 2nd Quarter 2016

Quality technology experts could be mandatory on boards.

By DAVID FINKE

Oversight of a company’s technology infrastructure traditionally has been considered a back office management function that can effectively be handled by a chief information officer (CIO) or chief technology officer (CTO) on the senior management team.

As the need for managing technology risks and opportunities across an enterprise continues to increase, boards need to take a more proactive and informed stance on technology governance.
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COMMITTEES

Visionary boards need innovation and technology committees.

By NANCY CALDERON

How technologically savvy is your board of directors? How many directors have the necessary knowledge to evaluate your company’s technology strategy or approach to cybersecurity? And, as we move into a new era of cognitive automation, how many directors understand your company’s approach to innovation?

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EVENTS

Women: Building an Inclusive Economy in the Digital Age
June 9-11, 2016

The Global Summit of Women announced that the 2016 Summit will be hosted by Poland on June 9-11, 2016 in Warsaw at the Warsaw Hilton Hotel. The Summit's theme for 2016 is, "Women: Building an Inclusive Economy in the Digital Age" to follow up on the 2015 Summit which explored women's creativity and innovation.  The 2016 Summit will showcase women's inventiveness in establishing new businesses as well as in accelerating growth in business leadership in the digital economy.
NACD: 2016 Director Professionalism
June 13-14, 2016

NACD’s Director Professionalism course—Directorship 101—equips new and aspiring directors with the knowledge needed to confidently take a seat at the boardroom table.  This highly interactive two-day course is led by seasoned directors and corporate governance experts and features a mix of panel discussions, keynote presentations, case studies, and networking. This event will take place at the JW Marriott Chicago, Chicago, IL 60603.
Click here for more information about this event.
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NEWS

Study: CEOs Receive Lowest Pay Increase in 5 Years

CEOs received the lowest pay increase in 5 years and for the first time also in 5 years, shareholders experienced a negative return. The ninth annual study, which is conducted by the Hay Group division of Korn Ferry (NYSE: KFY), examined all forms of pay for CEOs at 300 companies with revenue in excess of $9.2 billion in fiscal year 2015.

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Total SEC Enforcement Actions Against Public Companies, Subsidiaries Rise

A report released by the NYU Pollack Center for Law & Business and Cornerstone Research finds that U.S. Securities and Exchange Commission enforcements against public companies and their subsidiaries increased more than 50 percent in fiscal year 2015 and are on a pace to equal or exceed that high-water mark in FY 2016.

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Lincoln Financial Elects Deirdre P. Connelly to Serve on Board of Directors

Lincoln Financial Group announced today that Deirdre P. Connelly has been elected to serve on its Board of Directors. Connelly served from February 2009 until her retirement in February 2015 as president of North American Pharmaceuticals at GlaxoSmithKline. Before joining GlaxoSmithKline, she was with Eli Lilly and Company for 26 years, culminating with her role as president of U.S. Operations from June 2005 to January 2009. 

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Publisher: Robert H. Rock
Editor: James Kristie
Publishing Director: David Shaw
Advertising Director: Scott Chase

Conference and Education Director:  Peter Begalla
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