Committees : Governance
Board Governance For The New Year
The composition, size and age should all be keen focuses of board governance.
Why Board Culture Matters
A board is essentially a social entity whose culture is a reflection of its purpose and composition.
The Case for Appointing an Independent Chair
Bankers can learn a lesson from Boeing’s recent decision to split the role of chairman and CEO.
Revisiting the Importance of Documenting Board Oversight
The recent court case, Marchand v. Barnhill, should remind directors of what is required to fulfill their duty of loyalty and their responsibilities.
Best Practices for Onboarding New Directors
Joining a bank board doesn’t have to be a confusing experience for new members. Here are some practical takeaways for creating thoughtful, educational onboarding programs.
Board Compensation, Diversity Under Scrutiny
Large institutional investors, proxy advisory firms and legislators are beginning to put significant focus on board diversity.
Outsourcing the Service, Not the Oversight
Boards need to ensure they exercise meaningful oversight of a bank’s relationships with fintech partners.
Community Bank Succession Planning in Seven Steps
Community bank boards can address the all-important need to plan for the CEO’s successor with a few simple steps.
How Subchapter S Issues Could Snag a Sale
The Subchapter S election gives banks significant economic benefits, but that could be jeopardized in a sale by poor recordkeeping.
An Easy Way to Learn More About Banking
It goes without saying that bank executives and directors should strive to learn more about banking. But what should they read to do so?