The Rise And Rise Of The Nominating And Governance Committee
Nominating committees were once the home for directors that did not understand the business well enough to serve on either audit or comp. Today’s nom-gov looks very different.
Nominating committees were once the home for directors that did not understand the business well enough to serve on either audit or comp. Today’s nom-gov looks very different.
That doesn’t mean homogenous committees can’t make good decisions. But diverse ones, by applying a broader cross-section of experience to today’s multifaceted problems, can usually make better ones.
Director accountability will be a major theme in 2020, and shareholders and regulators are set to use voting as an enforcement measure.
The following are excerpts of a conversation with Nicholas Negroponte, founder of MIT Media Lab, at CBM’s recent Disruptive Tech Summit.
The best boards are led by chairs who actively and routinely seek and use feedback about their effectiveness in the role.
Celebrity directors bring lots of attention to your company—and lots of complications to your board.