NACD Audit Committee and Nominating and Governance Committee Chair Advisory Councils’ Director-Investor Dialogue: Building a Strategic-Asset Board

In brief: Fortune 500 committee chairs, co-chairs from the 2016 Report of the NACD Blue Ribbon Commission on Building the Strategic-Asset Board, and a number of investors recently gathered for a joint meeting of the Audit Committee and Nominating and Governance Committee Chair Advisory Councils. Meeting participants discussed leading practices for making the board operate as a strategic asset for the company, specifically emphasizing the importance of strong board composition.

This resource can help your board to

• align board composition with company strategy;
• expand board recruitment to include non-traditional candidates; and
• improve board-shareholder communication tools.

Most relevant audiences: nominating/governance committee members, audit committee members, corporate secretaries