With between 300 and 400 nonprofits in La Plata County, a lot of boards of directors have oversight responsibility for their organizations. But what does that mean? “Boards have the duty of care, ...
Leading a board of directors is one of the most critical yet challenging responsibilities for executives and entrepreneurs. Whether you’re a startup founder navigating your first institutional board ...
A nonprofit organization is a corporation that does not dispense profits to its shareholders or trustees. Any revenue generated is poured back into its coffers, covering operating expenses. Examples ...
The San Francisco Fed is governed by a nine‐member board of directors. The Federal Reserve Act provides that Reserve Bank directors are divided into three classes—Class C, Class B, and Class A. Each ...
The Israeli Privacy Protection Authority recently published a binding directive addressing the board of director’s responsibilities for the fulfillment of a company ...
Unlike Congress, the American Chemical Society Board of Directors has term limits. It has been my honor and great privilege to serve our society on the board for nine years, the past three as board ...
The Covid-19 pandemic crisis has already had a massive impact on every company all over the world. As an executive coach who has worked with CEOs from startups to Fortune 500 companies as well as with ...
QUESTION: I am dissatisfied with the performance of our board of directors and am considering running for a spot myself, but I’d like to know what I am getting myself into. I talked to one of the ...
Although a board of directors’ top responsibility is CEO succession planning, too many fail to adequately engage in the process. It was a pivotal moment in my career—I had just been named CEO of ...
Board meetings often follow a predictable routine: reviewing financial statements, hearing brief departmental updates, asking the CEO a few questions and then breaking for lunch. In my experience, if ...