Implications of AI on Board Oversight
The number of public companies disclosing artificial intelligence (“AI”) as a material risk factor in their SEC filings has grown exponentially from virtually none in 2016 to
The number of public companies disclosing artificial intelligence (“AI”) as a material risk factor in their SEC filings has grown exponentially from virtually none in 2016 to
Corporate directors may need to re-evaluate their risk of being held personally responsible for the long-term negative effects of products on consumers and communities. Recent
Corporate Board Member recently had the chance to talk with Pat Russo about her experience dealing with disruptive tech, both as CEO and a director of companies in the throes of transformation.
In an environment where investors are increasingly focused on corporate governance practices and plaintiffs’ lawyers pore over proxy statements for disclosure issues, public company boards are strongly encouraged to focus on hedging policies before next year’s proxy season begins.
As you prepare for your board’s next evaluation, consider including input from the management team on whom you and your shareholders depend to execute your mission, vision, and strategy.
Most new CEOs assume that if they have been successful in previous jobs, they will be successful in this new role. But the truth is that this next level of leadership comes with a degree of stress and adversity unlike anything they have encountered previously.