Author Archives for Ken Daly

Now, It’s Really Personal

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By “personal,” I mean that when it comes to voting their proxies for director slates, shareholders will be focusing on individual directors in upcoming proxy seasons. “Now, it’s personal” is an interesting phrase that I’ve heard more than once in recent conversations about director elections. By “personal,” I mean that when it comes to voting their proxies for director slates, shareholders will be focusing on individual directors in upcoming proxy seasons. In companies with majority voting policies, individual directors deemed unworthy by shareholders won’t get their votes; enough abstentions and they’ll have to resign. And in the future, investors may... Read More


Welcome to the NACD Blog!

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We all have a stake in Corporate America – whether or not we own stock. Most of us rely on Corporate America for our jobs – either directly or indirectly. And it’s a life-long dependency – from birth to death we use its products, depend on its innovation, look to it to supply the lifestyles we have too often taken for granted. Just as war is too important to be left to the generals, Corporate America is too important to be left to the unknowing. We intend to use this blog to tee up and explore important concerns: yours, ours... Read More


Risky Business: The Eight Red Flags Every Director Must Heed

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Last month, I was interviewed by BusinessWeek (read the article or listen to the podcast) about the role of corporate directors in risk management. As the financial crisis forces the issues related to risk management front and center, many of us in the corporate director community have got to get prepared to expand our roles in overseeing and managing risk. What are the warning signs no director should ignore? Unusual financial results –both positive and negative. If there’s been a sudden downturn or vast improvement in the financial performance of the company, directors should probe management about the reasons for it... Read More