Despite the media attention on issues of diversity, the pace of progress around diversity in corporate boardrooms remains challenging. Half—49.5 percent—of United States boards in the U.S. Russell 3000 Index currently have two or more female directors, but only 17 percent of the total of boardroom seats on the Index are held by women.
This is the latest edition of an ongoing series exclusive to the Business Journal from the National Association of Corporate Directors New England chapter, offering a preview of a panel on proxies and disclosures.
The cyber risk landscape is quickly evolving and cyber breaches are becoming increasingly common. Organizations have been slow to catch up with the new threat landscape. The fastest growing threats today are coming from outside the network — digital and social media and third party vendors. Yet organizations are still organized to focus primarily on more traditional IT security risk management They are not updating their processes and policies or investing in tools and technologies to comprehensively address the latest and fastest growing threats. As the cyber risk landscape evolves, cyber risk management must evolve as well to truly ensure security, privacy and data protection. In addition, the public’s awareness of the importance of digital risk management and attention to how companies handle data and privacy is increasing. Digital risk management can affect consumer trust, customer loyalty and even shareholder value.
A new California law requires most companies in the state to have at least one woman on their boards of directors by the end of this year. By the end of 2021, they’ll need three. According to a new Bloomberg analysis, this sea change could offer women 692 seats at the table, enough to cause a measurable shift in the gender balance of U.S. company boards overall.
With board governance newly challenged by cybersecurity issues, the National Association of Corporate Directors is turning to Christopher Hetner as its special adviser for cyber risk.
Being named to a board of a directors at an established company may seem out of reach — especially if you're under 50. Or a woman. Or a minority. Or you haven't made it to the C-suite (yet).
More than a good education and a strong résumé is needed to get a seat on a public company's board of directors. There's help available for the journey, though, and both national and local groups are finding ways to engage in the work.
My recent keynote topic at a Women Corporate Directors event was “The Brains of the Board -- How to Drive an Effective Board.” Much of my discussion centered around neurochemistry, in turn, sparking conversations about gender differences in the brain and then segued into the all-so-familiar topic of diversity in the boardroom.
SAN MATEO, CALIF. (PRWEB) FEBRUARY 13, 2019 CSIRO US, Australia’s pre-eminent national science organization, today announced that Executive Vice President and head of North American operations, Susan Lucas-Conwell, has been named a Board Leadership Fellow by the National Association of Corporate Directors (NACD). As the recognized authority in boardroom practices, NACD prepares board of director members to address current and emerging challenges while strengthening investor trust and public confidence.
Whose responsibility within a company is cybersecurity? Should key decisions fall to IT, or should higher management be involved more heavily in day-to-day cybersecurity risk management? Given the large fines and compliance obligations facing companies today, it’s probably obvious to most that data privacy and security is not just a technology issue.