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Director FAQ: Executive Sessions

In brief:One of the hallmarks of a board’s independence from management is the practice of holding regular sessions of independent board members without management participation. These are called “executive sessions,” although their main purpose is to enable directors who arenotcom...

Samples and Templates, Research | March 14, 2017

Director FAQ: Subsidiary Governance

In brief:Every incorporated entity must have a board of directors. However, when the entity is a subsidiary of a parent company with a board, the subsidiary may either have its own board or be governed by the parent board. This installment of NACD’sDirector FAQseries explores three common scen...

Samples and Templates, Research | November 21, 2016

Director FAQ: The Role of the Board vs. the Role of Management

In brief:As the corporation’s ultimate decision-making body, the board of directors plays two critical roles: overseeing management on behalf of shareholders and other constituencies; and advising management, albeit with limited involvement in everyday company operations. In contrast, members ...

Samples and Templates, Research | September 30, 2016

BRC Director Professionalism

BRC Director Professionalism

Research | July 13, 2011

Customizable Director Role Description

In brief: This short director role description outlines in detail the key functions and responsibilities a (new) director must exercise on a board. It also lists the various qualifications as well as performance expectations that boards can tailor when recruiting or onboarding new directors. This c...

Samples and Templates, Research | March 8, 2016

Resource Center: Director Onboarding

A systematic approach to new-director onboarding can give direction to what otherwise might seem a flood of information. New directors can accelerate their onboarding by focusing their learning on four core areas: understanding the environment in which the organization operates, learning about the o...

Research | January 13, 2017

NACD Director Professionalism

Have you reached a point in your career where you are transitioning or preparing to transition into public company boardroom service? Are you looking to learn more about the role corporate directors play in the long-term sustainability of a company and how to make the most of the time you spend in t...

General, Events | November 3, 2017

NACD Advanced Director Professionalism

You have several years of boardroom experience under your belt, but you are looking to take your boardroom skills to the next level. Perhaps you are interested in chairing one of the key committees or have your sights set on becoming chair or lead director. NACDs highly interactive Board Leadership ...

General, Events | July 21, 2017

Director Dialogue: Board Composition

Several factors have combined to make board composition a priority for a growing number of public companies. According to recent NACD survey results, the rate of director turnover on public-company boards has been on the rise over the past several yearsnearly doubling since the financial crisis. Add...

Research | December 30, 2014

BRC Board Evaluation: Improving Director Effectiveness

BRC Board Evaluation: Improving Director Effectiveness

Research | January 1, 2010


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