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A Director’s Guide to Corporate Governance 101
Walter G. Moeling IV, Jonathan Hightower
The day when the board’s focus was limited to approving loans and marketing the bank in the community is long past. Today’s boards face a wide array of complex tasks, and, accordingly, the composition, structure and organization of the board must all be geared to facilitate the board’s performing its duties and functioning properly. This process today is lumped under the heading of “corporate governance.” The concept of functioning properly, of course, is in the mind of the beholder, but it clearly includes the board’s performing its primary duties of enhancing shareholder value, selecting, compensating and overseeing management and implementing...
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Walter G. Moeling IV co-chairs Bryan Cave LLP’s Financial Institutions Practice Group. The Financial Institutions Practice Group represents hundreds of community banks throughout the United States.
Jonathan Hightower is a partner at Fenimore, Kay, Harrison & Ford, LLP. He focuses his practice in financial institutions law, including corporate, regulatory and securities work. Jonathan represents banks and trust companies throughout the country with a particular focus on the Southeast.