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WASHINGTON, DC (June 9, 2020) – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 21,000 directors, today released the NACD May 2020 COVID-19 Pulse Survey, which revealed the trends and governance challenges that corporate directors expect to tackle over the next three months. Designed to better understand the challenges that boards are facing as the COVID-19 pandemic evolves, the survey gathered thoughts and opinions from more than 300 directors and built on the insights garnered from the organization’s March COVID-19 poll.
Corporate boards, both private and public, need to address cyber threats and protect against attacks. Melissa Krasnow, VLP Law Group partner, discusses findings from two recent National Association of Corporate Directors surveys that can be useful to boards to benchmark their companies’ cyber-risk oversight practices.
The sweeping national conversation on social justice and systemic racism presents a crucial inflection point for business and its commitment to social responsibility.
Corporations have been taking a hard look at the diversity within their ranks, facing pressure from customers, their employees and shareholders. Goldman Sachs is starting a new policy Wednesday: It won’t help a company with its initial public offering unless the company’s board has at least one diverse member. Next year, it will require at least two.
NACD announced that the NACD board of directors will welcome four new board members, two in July 2021, and two in January 2022.
NACD announced that it has joined the Climate Governance Initiative (CGI), a global project hosted by the Centre for Climate Engagement, Hughes Hall, at the University of Cambridge and in collaboration with the World Economic Forum, as the US host chapter.
NACD announced that it has enlisted the search firm, accelHRate, led by CEO and Co-Founder, Kimberly Shanahan, to help grow its board director search practice.
The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 21,000 board members, today released the 2020–2021 NACD Trends and Priorities of the American Boardroom report, which provides an overview of the issues and trends that public and private company directors deem most likely to impact their boards in the coming year.
One of the biggest board recruiting rushes in U.S. corporate history is set to commence, and it is likely to be a delicate one.
Recognizing the key role boards can play in reducing cyberattacks, the National Association of Corporate Directors, World Economic Forum, and Internet Security Alliance have joined forces to create cyber safety guidance for volunteer leaders.
Corporate board leadership should consider use of the so-called “Goldwater Message” as a serious option to resolve certain types of CEO controversies, in a manner that would be discreet and far less damaging to all concerned. A more traditional termination option might only serve to enflame the circumstances and cause further harm to the company.
Are virtual board meetings as effective as in-person board meetings? A full 45% of those responding to a NACD survey being released this morning say, “no.” Only 15% say, “yes.” The remainder sit on the fence.