Tag: directors

Directors overboard

by Cydney Posner Companies are paying increased attention to the potential for director “overboarding,” according to the WSJ.  Many companies have adopted restrictions on the number of outside seats that directors may hold, often in response to shareholder requests. In addition, some institutional shareholders are guided in their voting by […]

Outsource the Board?

by Cydney Posner Here’s a novel idea: outsource the board of directors.  This article from The Economist reports on a concept outlined in a recent law review article that takes the notion of “professional director” one step further. Boards of directors obviously play a critical role in the corporate world, but, according […]