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01 June 2023 | Press Release
The Conference Board Launches Peer-to-Peer Councils for US Public Company Directors
The Conference Board is launching Corporate Director Councils exclusively for those who hold leadership positions on the boards of US public companies. Councils are invitation-only, peer-led communities of senior executives who come together to exchange knowledge, accelerate career development, and advance their function.
The four separate Councils will serve board chairs/lead independent directors, and the chairs of nominating/governance, compensation/talent, and audit/risk/finance committees. The Councils will meet throughout the year under the Chatham House Rule, so Members can talk with peers in confidence about issues, explore solutions, and develop lasting and valuable relationships. Each invitation-only Council will be limited to 30 Members who have similar leadership roles on their boards.
In addition, Council Members will have unlimited access to cutting-edge insights and the opportunity to participate in programs from The Conference Board, which has been convening corporate leaders for more than 100 years.
The new Councils come at a time when boards need to partner even more closely with management in charting the company’s course in a sustainable and responsible manner that promotes the long-term welfare of the firm and its stakeholders, while being mindful of the company’s broader impact on society and the environment. Companies are seeking to deliver sustained and superior operating and financial performance against a backdrop of economic uncertainty, geopolitical instability, increasing regulation, supply chain disruptions, labor shortages, and political polarization, all while facing rising scrutiny and expectations from investors and other stakeholders.
“Corporations need a place where their directors–especially those who serve in leadership positions–can turn to for trusted information and insights that will constructively contribute to the boardroom,” said Paul Washington, Executive Director of The Conference Board Governance & Sustainability Center. “Our Corporate Director Council program offers a whole new level of experience for board members beyond traditional board education or certification programs. Making these Councils all the more valuable is the internationally renowned group of corporate leaders with significant board-level experience who will be leading them.”
What sets the Councils apart:
More information on the new suite of Councils can be accessed here.