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.
In December 2018, the National Association of Corporate Directors (NACD) published its “2018–2019 Public Company Governance Survey” report, a key barometer of economic and governance concerns from the perspective of board directors in which cyber risks feature once again. To compile the report, the NACD surveyed more than 500 board directors from both large and small public companies.
More than 400 business executives and employees including prominent CEOs have been accused of misconduct including sexual harassment in the last 18 months. In many instances, the resulting crises have fallen squarely in the lap of boards of directors. Clearly, it is time for boards to play a more active role overseeing corporate culture and conduct.
I had the pleasure of attending the National Association of Corporate Directors (NACD) – Philadelphia Chapter meeting yesterday morning at the Union League in Philadelphia. Very good attendance to hear Dave Stangis (Campbell’s Soup), Jamie Rantanen (US Trust) and Jennifer Wong (Glenmede) discuss the topic of ESG (“Environmental, Social and Governance”) as it relates to public company and private company investment.
Private equity firms searching for the next big thing are looking with excitement to the Internet of Things (IoT) and the Gartner forecast that 20.4 billion connected devices will be in use by 2020. IoT growth rates are astounding, but the risks and rewards for investors will come from how industry players deal with new security threats.
HOUSTON, Dec. 20, 2018 (GLOBE NEWSWIRE) -- Petrolia Energy Corporation (OTCQB: BBLS) (“Petrolia” or the “Company”) today announced that the National Association of Corporate Directors (NACD) recently recognized its Chairman, James Edward Burns as an NACD Board Leadership Fellow. NACD Fellows, who earn NACD Fellowship—The Gold Standard Director Credential®— stand within the highest echelon of those committed to excellence in the boardroom.
BOSTON--(BUSINESS WIRE)--Recognizing leadership and transformation, the National Association of Corporate Directors New England Chapter (NACDNE) today announced it is honoring two corporate boards and three individuals with NACDNE’s Director of the Year Awards for 2019.
The boardroom of Goldman Sachs Group Inc. (GS - Get Report) is finally catching up with the #metoo era.