Month: January 2017

Nancy May: Technoliteracy is the New Black

At this point, all public U.S. Corporate Boards have (or can explain why they don’t have) one or more qualified financial experts on board. This, of course, has been mandated for some time. The logic for having such talent has long predated the SEC and other requirements. Though by now, most boards see the logic for making sure that all their directors are financially literate, whether they sit on the Audit Committee or not. On occasion, we’ve seen this competency ignored. But how can anyone be engaged in and contribute to a board discussion on financial matters, if they are nearly clueless about what’s being discussed or presented? How can a...

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