Wednesday May 22, 2013
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    NACD member goes from keynote speaker to first responder

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    Will some provisions of Dodd-Frank ultimately meet their doom?

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    In alignment with the NACD Key Agreed Principles of independence and transparency, NACD agrees that proxy advisory firms should be subject to enhanced disclosure regulations.

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    Today’s luncheon session, “Globalizing the Board,” featured Ambassador Susan Schwab, former U.S. Trade Representative, who believes that building the right board means bringing a “global mindset” to the table.

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    In today’s second plenary session, the Honorable William B. Chandler III from the Delaware Court of Chancery “held court” with William M. Lafferty, defense attorney with Morris, Nichols, Arsht & Tunnell LLP; Honorable Norman Veasey, senior partner with Weil, Gotshal & Manges LLP; and Jessica Zeldin, shareholder attorney, with Rosenthal, Monhait & Goddess, PA on “Emerging Legal Trends.”

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    This morning’s plenary on “Performance Metrics That Make a Difference,” brought together the two co-chairs of the 2010 NACD Blue Ribbon Commission on Performance Metrics, John Dillon and Bill White, as well as NACD Chairman Barbara Hackman Franklin and Jannice Koors from Pearl Meyer & Partners.

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    NACD’s Annual Corporate Governance Conference opened with a topic that hangs heavy in the air. The first plenary session concentrated on board-shareholder communications in the aftermath of the passage of the Dodd-Frank Act.

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    Though an interim CEO may be part of an “emergency” succession plan, boards must prepare to fill leadership roles when needed.

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    Governance practices that promote integrity and ethics are a feature of successful, sustainable organizations.

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    Last Wednesday, the SEC announced its decision to review the proxy voting system. This system, referred to by the SEC as “proxy plumbing,” includes shareholder voting, communication, and vote tabulation. The SEC is addressing current concerns in a concept release which will solicit comment from the investor and corporate community for 90 days after publication [...]

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    The requirement for majority voting was dropped from the long list of governance provisions and is not part of the final bill.

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    Ted Allen
    David W. Anderson
    Bart van Ark
    Greg Arnold
    Joseph E. Bachelder III
    Sheila C. Bair
    Liz Barron
    Greg Arnold and Barry Sullivan
    Ben S. Bernanke
    Lloyd Blankfein
    Robert C. Boneberg
    John Borneman
    Carol Bowie
    Kevin F. Brady
    Warren Buffett
    Seymour Burchman
    John J. Cannon III
    Samantha Carey
    Richard Chambers
    Carolyn Chin
    Christopher Y. Clark
    Roger Coffin
    James R. Copland
    Anthony Costantini
    Richard Crespin
    Jeff Cunningham
    Kenneth Daly
    Jim DeLoach
    Robert L. Dilenschneider
    Travis L. Dirks
    Bruce R. Ellig
    Adam J. Epstein
    John F. Budd Jr.
    Fay Feeney
    Robin A. Ferracone
    Robert Fields
    Steve Forbes
    Eugene H. Fram
    Robert Galford
    Bob Gariano
    Timothy F. Geithner
    Elizabeth Ghaffari
    Peter Gleason
    Neil Goldenberg
    Jeremy L. Goldstein
    Michael Goldstein
    Amy L. Goodman
    Holly Gregory
    James R. Gregory
    Kurt Groeninger
    William R. Gruver
    John J. Hamre
    Ben W. Heineman Jr.
    Hugh Hewitt
    Suzanne Hopgood
    Gerard F. Hurley
    Kate Iannelli
    Jane Ingalls
    William M. Isaac
    Robert Jordan
    Karen Kane
    Brad S. Karp
    Jean-Michel Beigbeder, Charles H. King, and Keith Meyer
    Stasia Kelly
    Roger Kenny
    Robert Khuzami
    Kevin LaCroix
    A.G. Lafley
    Alex Lajoux
    Jeffrey C. LeSage
    Richard S. Levick and Leo M. Tilman
    Richard S. Levick
    Stuart R. Levine
    Barry Libert
    Martin Lipton
    Jay Lorsch
    E. Thames Fulton and Mary Kier
    Charles M. Modlin and Matthew I. Hafter
    Julie Garland McLellan
    Keith Meyer
    Pearl Meyer
    Evan D. Michalovsky
    Russell Miller
    Ira Millstein
    Rafi Mohammed
    Nicky Mukerji
    Charles M. Nathan
    Barack Obama
    Michael W. Peregrine
    Robert C. Pozen
    James H. Quigley
    Janice Reals Ellig
    Gerald L. Maatman Jr., Daniel M. Blouin and Rebecca S. Bjork
    Robert Reder
    Abigail P. Bomba and Robert M. Blum
    Mike Ross
    Mike Rozembajgier
    Mary L. Schapiro
    Alice Schroeder
    Stephen A. Schwarzman
    Brendan Sheehan
    Cheryl Soltis Martel
    Andrew Ross Sorkin
    Peter Spanberger
    NACD Staff
    Henry Stoever
    Kari Stoever
    Barry Sullivan
    David N. Swinford
    James Tompkins
    Kim Van Der Zon
    Ken Vander Wal
    Steven R. Walker
    Judy Warner
    David Webber
    Dennis T. Whalen
    Rob Yellen
    Frank G. Zarb Jr.