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David Swerdloff Serves as Panelist at NACD-CT Event

March 10, 2011

NACD-CT's next event will examine issues facing non-profit boards and how these issues differ, if at all, from those being faced by for-profit directors. Among the topics for discussion the panel will discuss are:

  • What should one expect in serving on the board of a non-profit?
  • Who should be selected as a non-profit board member?
    • Should every board member be expected to be a fund raiser
    • If not a fund raiser, what skills should a non-profit board populate itself with?
    • Is there a recommended "good mix" of skills and talents for the board?
    • Should there be term limits for board members?
  • In what areas should non-profit boards involve themselves and in what areas do non-profit boards often make a wrong turn?
    • Defining the mission of the organization
    • Creating the strategic plan - more active role than that of a for-profit board?
    • When does "oversight" cross the line to become "infringement" on management's responsibilities and prerogatives
    • Revenue & funding – does the CEO drive this or "punt" it to the board?
    • Evaluation of the CEO
    • Succession planning – selection of a new CEO
  • Liability Issues
    • Statutory exculpation of directors
    • D & O Insurance - Is it needed?
    • An increased level of compliance concerns
    • Aggressive Attorneys General
    • How does the board establish a "process-oriented" approach for itself and for management in order to get comfort on liability issues? How "perfect" does it need to be?
  • As well as other issues that non-profit boards often face, including:
    • What's the right size for a board
    • Should a non-profit board be larger because of the need for recognizable community participants
    • If the board is large, should the Executive Committee undertake the "administrative" functions for the sake of efficiency? What problems does that create?
    • "National" vs "Local" non-profits. Are there different skill sets needed in a board resulting from the organization's scope?
    • What's the right amount of "process" that non-profit boards need

Moderator:
  • Wayne Pacelle, President & CEO, The Humane Society of the United States

Panel:
  • Edward A. Kangas, Chairman of the Board, Tenet Healthcare Corporation; Former Global Chair & CEO, Deloitte Touche Tohmatsu; Director United Technologies Corp., Intuit, Allscripts-Misys Healthcare Solutions Inc., and Hovnanian Enterprises Inc.
  • William Kosturko, Former EVP and General Counsel, People's United Financial, Inc.
  • David A. Swerdloff, Partner, Day Pitney

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