One of the pleasures of working for NACD Directorship is the opportunity to meet dedicated directors whose main reason for serving after a lifetime of material and personal success—is to give something back to the system. I recently spent some time at our own forums and at the KPMG Audit Committee Issues Conference with such distinguished directors as Norman R. Augustine, Charles H. Noski, Michele J. Hooper, Laban P. Jackson, Christopher S. Lynch, Reatha Clark King, Alex J. Mandl and others. I came away with the profound feeling that directors may be among the most under-recognized and under-appreciated of the many contributors to U.S. prosperity. These esteemed and roundly successful individuals all represent the finest examples of governance thinkers and business savvy that a board—or a government for that matter—would want watching over their investments. These men and women spend an inordinate amount of their time and intellectual capital on improving board education and communication. Augustine and Noski recently took time out of their meeting-laden schedules to spend several hours with a group of directors at the New York Stock Exchange, courtesy of EVP Scott Cutler, to discuss how we can better serve the needs of the new appointees to a board—a collaboration of the NACD, the NYSE and Directorship.
That’s answering the call.
ADDITIONAL COVERAGE IN THE BOARDROOM GUIDE FOR NEW DIRECTORS:
A Message to New Directors An Orientation for New Directors The Renaissance in Succession Planning and Board Recruiting Congratulations, You’re the Audit Committee Chair. Now What? Performance and Pay Alignment: A Top Priority for Compensation Committees