Executive Summaries May 4, 2020

50 Questions Any Newly Elected Director Should Address

You have been asked to become a member of the board of directors of an entity. Congratulations! However, aside from the distinction associated with being part of the group governing the present and future of such entity, there are a number of obligations associated with being a director.

The COVID-19 pandemic and its extraordinary circumstances are prompting organizations to assess their governance and operational processes. Boards of directors have a great deal of responsibility to continue to improve their operations on an ongoing basis.

As you prepare for your new responsibilities, here are some questions you will need to ask. You will also need to understand the implications of the answers you will receive.

Understanding the answers to these few questions is essential to fully grasp the impact and role you will assume as a board member. Inform yourself properly.

Contact our Business Law team to learn more about your obligations.

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