by Jonathan Foster | Feb 15, 2021 | Blog, Jonathan F. Foster
The complexity and legal implications of an M&A agreement are such that any material conflicts should be avoided for all parties. It falls to a board of directors to evaluate and negotiate transactions as part of its fiduciary duties to a company. To that end, a...
by Jonathan Foster | Jul 21, 2020 | Blog, Jonathan F. Foster
Oversight of management is one of the board of director’s primary responsibilities. This includes hiring, monitoring, evaluating, and compensating the senior team. Most boards establish a compensation committee to be responsible for this important topic. Often, the...
by Jonathan Foster | Jun 20, 2020 | Blog, Jonathan F. Foster
Effective governance includes a board of director’s ability to play a role in helping to maximize long-term shareholder value. In general, a board’s primary responsibilities are to oversee management, strategy, and financial reporting and compliance. Audit committees...
by Jonathan Foster | Mar 17, 2020 | Blog, Jonathan F. Foster
Governance is critical for companies of every size. The maturity of a company can impact the scope and detail of a board of directors’ responsibilities. A board should grow and evolve with a business. For smaller businesses, the board is often involved in specific...
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...
