Walt Disney Co. added two CEOs with strong backgrounds in technology to its board of directors this week, bringing Oracle Corp. CEO Safra Catz and Illumina Inc. CEO Francis A. DeSouza into the fold.
Well-documented board minutes are critical. Yet, much confusion still exists about the appropriate level of detail.
To avoid joining a board bound for disaster, start by asking yourself these questions.
Would your board be ready to respond if a large shareholder asked the company to join the more than 450 U.S. public companies that have adopted proxy access?