In Focus

CII Members Approve Policy Amendment on Board Service

At CII’s fall 2022 conference in Boston, U.S. Asset Owner Members overwhelmingly approved an amendment to Section 2.11 of CII’s corporate governance policies that recommends directors who are employed full-time by a for-profit corporation should serve on no more than two for-profit boards. The policy amendment also seeks a limit of four for-profit boards for directors who are not employed full time, whereas CII’s previous policy allowed these directors to serve on up to five boards. The amendment also requests that companies disclose all for-profit board memberships for each director, and that nominating and governance committees develop and publicly disclose their policies on board service.

CII Opens Registration for Corporate Governance Bootcamp 2022

CII members and nonmembers are welcome to register for Corporate Governance Bootcamp 2022, a premium executive education program developed in partnership with New York University School of Law’s Institute for Corporate Governance and Finance. Bootcamp 2022 is set for November 16-18 in person at NYU, and will be taught by university faculty and seasoned practitioners, regulators, directors and activist investors. The two-track program includes an introductory course, Foundations of Corporate Governance, and Advanced Topics in Stewardship. Participants can register for either or both courses. Register here by October 14 to take advantage of early-bird pricing.