by Jonathan Foster | Feb 7, 2020 | Blog, Jonathan F. Foster
Replacing or adding a board member is a time- and labor-intensive process that starts with determining the skills an organization needs. Hopefully, a board has an existing skills matrix that shows the attributes of the existing directors. From there, the board can...
by Jonathan Foster | Dec 19, 2019 | Blog, Jonathan F. Foster
Many occupations require licenses to prove competency, including accountants, investment professionals, physicians, private investigators and security guards. While licensees are not necessarily excellent at what they do, a license does guarantee that a licensee has...
by Jonathan Foster | Nov 8, 2019 | Blog, Jonathan F. Foster
Navigating Chief Executive Officer succession is critical to the success of a company, even one that has been established and successful for some time. One of the board of directors’ most important roles is naming, evaluating and compensating the CEO. While important...
by Jonathan Foster | Aug 22, 2019 | Blog, Jonathan F. Foster
A strong board of directors is the cornerstone of many companies and is the group charged with the oversight of the corporation on behalf of the shareholders. In general, a Board is responsible for hiring, evaluating, and compensating management. They also assume...
by Jonathan Foster | Jun 20, 2019 | Blog, Jonathan F. Foster
Over the past few decades, the role of the board of directors has come under fire at various times due to corporate scandals ranging from Enron to WorldCom and tragedies such as the recent Boeing crashes. The Sarbanes-Oxley Act of 2002 was put into place to make...
