Committees : Governance
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?
77 Percent of Bank Boards Approve Loans. Is That a Mistake?
Community bank directors don't have to approve loans. Yet, more than three-quarters of executives and directors say their board is involved in the process.
Why Your Board’s Risk Committee Structure Matters
Boards should examine their committee structure for opportunities to enhance risk oversight. Find out more in this exclusive analysis from Bank Director’s 2019 Risk Survey.