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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Amii Barnard-Bahn2023-12-04T16:00:00
For decades, corporate board seats have been a semi-retirement strategy for chief executive officers and chief financial officers who want to stay in the game.
With institutional investor calls for greater board diversity, corporate board membership has been brought from behind closed executive suite doors and into the spotlight as an opportunity to improve both corporate governance and to distribute power and leadership opportunities more equitably among women and people of color.
Undoubtedly, if you’re reading this, you support the need for increased compliance and ethics expertise as part of a board member profile.
When I speak with compliance professionals, there is a strong interest in board service as a career goal. My experience matches the results of Compliance Week’s fifth annual “Inside the Mind of the CCO” survey, which found chief compliance officers and chief ethics and compliance officers desire progressing to the board (17 percent) more than any other job change.
So, what does it take to get on a corporate board?
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2024-04-05T20:45:00Z By Aly McDevitt
So, you think it might be fun to sit on a board someday. Panelists shared misconceptions to unlearn, factors to consider, and preparatory steps to take before rehearsing one’s board pitch during the women’s brunch held at Compliance Week’s 2024 National Conference.
2024-01-15T14:16:00Z By Neil Hodge
The issue of “fat cat” pay awards was reignited in the United Kingdom after a think tank found a typical FTSE 100 CEO earned the average annual salary for a full-time worker after just four days into the new year.
2023-11-20T20:16:00Z By Adrianne Appel
The Securities and Exchange Commission has not yet implemented rules governing use of artificial intelligence but still expects regulated entities to adhere to commonly accepted practices, including disclosure, said an agency enforcement official.
2024-05-21T12:45:00Z By Ruth Prickett
A recent survey by surveillance technology firm SteelEye found most financial institutions do not monitor their employees’ use of social media or factor in market risks exacerbated by social media posts.
2024-05-14T12:00:00Z By Adrianne Appel
Large public companies say they are prepared to comply with the disclosure requirements of the SEC’s new cybersecurity incident rule, according to a survey conducted by Compliance Week and DLA Piper, but concerns exist that those reports could enhance the threat of future cyberattacks.
2024-05-06T09:45:00Z By Aaron Nicodemus
Few compliance teams describe their access to company data as “robust,” according to a new survey conducted by Compliance Week and NAVEX, while apprehension toward the adoption of artificial intelligence remains a hurdle for the profession to clear.
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