Just What Is the Corporate Director's Job?

The Job Description of a Corporate Director  

At first glance, the answer may seem obvious. But over time, the range of expectations for doing the job well has widened, and the job has become a prism: how it's defined shifts depending on the perspective of the observer. We examine how different stakeholders look at this prism in a series of more than ten reports based on roundtables with different groups: proxy advisors, directors, investors, hedge funds, academics, Delaware bar, media, corporate secretaries, and regulators. We ask each group to consider how the role of the director has evolved, what the current range of expectations is, and where gaps in understanding have resulted in conflict. Our goals are to provide direction to corporate directors and foster a common understanding among market participants of how to view the job of the corporate director.

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Perspectives

I      - Proxy Advisors                                 

II     - Directors                

III    - Active Investors 

IV    - Investors (Large Passive) (November 2017)

V     - Corporate Secretaries (January 2018)              

VI    - Activist Hedge Funds (January 2018)                                

VII   - Academics (April 2018)

VIII  - Delaware Bench and Bar (June 2018)                         

IX   - Auditors (August 2018)

X    - Media (November 2018)      

XI   - Regulators (January 2019)

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Gary Larkin

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The Job of the Corporate Director

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Roundtable/Panel Discussion Participants

Abernathy MacGregor
Air Lease
Amgen
Bank of America
BBVA
Broadridge Financial Solutions
CalSTRS
CamberView Partners
Capital Group
Center for Political Accountability

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