The Directors Spotlight: Webcasts

The goal of The Directors Webcast and Video is to provide our subscribers with a more detailed discussion of a single, timely and board related topic conducted in an 8 to 12 minute interview format.

___________________________________________________________________________________

Please Wait for Audio and Images to Load

CEO Succession Planning

Dayton Ogden, Managing Director of Spencer Stuart’s CEO Succession Practice, is joined by Russ Planitzer, Managing Director of Lazar Frères Technology Partnership, and Dan Daly, Publisher of The Directors Letter.

  • In an orderly transition, internal candidates are more successful.
  • In a crisis or transformational situation, external candidates are more successful.
  • Where does the succession plan reside and who is responsible for it?
  • How is the plan reviewed and implemented?
  • Involvement of the current CEO and outside consultants.

Part 3 of a 3 part series

___________________________________________________________________________________

Please Wait for Audio and Images to Load

CEO Succession Planning

Dayton Ogden, Managing Director of Spencer Stuart’s CEO Succession Practice, is joined by Russ Planitzer, Managing Director of Lazar Frères Technology Partnership, and Dan Daly, Publisher of The Directors Letter.

Designing the Plan

  • There must be a time line for implementation.
  • Agreement on the company’s strategic direction is critical.
  • A good plan will contain two parts: orderly transition, and transition in emergency/crisis.
  • Led by the Lead Director, the job description must have input from the entire board.
  • Internal candidates should be developed and reviewed relative to this plan.
  • The plan and the candidates must focus on the future, not the past.

 

Part 2 of a 3 part series

___________________________________________________________________________________

Please Wait for Audio and Images to Load

CEO Succession Planning

Dayton Ogden, Managing Director of Spencer Stuart’s CEO Succession Practice, is joined by Russ Planitzer, Managing Director of Lazar Frères Technology Partnership, and Dan Daly, Publisher of The Directors Letter.

  • CEO succession planning is not a buzzword but an important tool in good times as well as in crisis.
  • Internal candidates should be identified and developed over time. External candidates can be identified and tracked over time.
  • The process is best managed by a designated committee of the board, with the CEO contributing, not controlling. Often an independent third party can be a valuable contributor.
  • A properly designed plan will contain an orderly transition as well as an emergency plan, often including an experienced board member as an interim CEO candidate.

Part 1 of a 3 part series

___________________________________________________________________________________

Please Wait for Audio and Images to Load

Board-Level Update on the Whistleblower Act

Dan Daly’s interview of Stuart Cable, a partner at Goodwin Procter LLP, continues. Further analysis of the implementation and board-level impact of Whistleblower legislation.

  • SEC investigations and how they are referred back to companies.
  • From personnel to fraud, understand the breadth of items covered.
  • Clear guidelines for referring complaints up through an organization.
  • Response policy starts at the top and must be spread downward.
  • When investigations should be internal, and when third-party.

Part 2 of a 2 part series

___________________________________________________________________________________

Please Wait for Audio and Images to Load

 

 

Board-Level Update on the Whistleblower Act

 

Dan Daly joins Stuart Cable, a partner in Boston at Goodwin Procter LLP, discussing the implementation and board level impact of the current legislation.

  • Whistleblower under Dodd Frank has much wider applications than under SOX.
  • Discussing the Renault and Lehman cases brings a touch of real-life drama.
  • Liability can come from marketing operations, financial actions and FCPA.
  • The board and CEO set the tone, and should design and implement a formal review.

 

Part 1 of a 2 part series

Comments or questions on a specific video may submitted to The Exchange

They will be posted and answered as scheduling permits in The Exchange section of this website and in the same section of the next The Directors Letter. Confidential responses will be made when they are requested and on a time available basis. Editing is at the sole discretion of the Editor. Thank you for your interest.