New Book On Board Equips Corporate Boards to Navigate Governance in a Changing Business Climate
This vital guide provides a readable historical perspective on how we got to now with a contemporary history of transactions (mergers and acquisitions, LBOs, activism, and restructurings), the growing importance of institutional investors, and the rise and now waning of environmental, social, and governance (ESG) issues that provide context for today's laws, standards, and best practices for good governance. Then, with experience, stories, and anecdotes from inside boardrooms, courtrooms, and investor meetings, Foster provides critical insights on the key issues that boards face. These include recruiting and onboarding directors, overseeing but not managing the company, board leadership, board committees, interacting effectively with the CEO, seeing that there are plans to mitigate risks and handle crises, and whether the board should target the maximization of shareholder or stakeholder value.
This timely book, which addresses the dynamic landscape of governance and leadership, equips readers with the knowledge they need to navigate today's complex business environment.
With experience on over 50 corporate boards, an expert witness on governance, mergers and acquisitions, restructurings and other topics in some 60 cases, and more than three decades as an investment banker, Foster offers informed views on board oversight, fiduciary responsibilities, management, shareholder engagement, and emerging governance challenges. This book provides a practical and straightforward approach to building and sustaining high-functioning boards that promote long-term success while managing risks and addressing shareholder expectations.
'As corporate governance evolves, it becomes increasingly critical for boards to clearly understand and address effectively their responsibilities and stay ahead of emerging trends,' Foster explains. 'On Board is a modern playbook for directors, offering actionable guidance rooted in lessons from the past, real-world experience, and anticipation of what may come next.'
Key Themes in On Board:
About
Jonathan F. Foster is a deeply experienced corporate director, investment banker, and expert witness in corporate litigation. He has been on over 50 boards of directors of Fortune 500 companies, private equity firm portfolio companies, private companies, and distressed companies. He has served as a non-executive chairman, audit committee chair, and member of numerous board committees. Foster founded and is managing partner of Current Capital Partners, an advisory and merchant banking firm.
Media Contact
Full Name: Kathleen Schmidt
Title: Founder
Company Name: KMSPR
Email: [email protected]
Phone Number: 19734777091
Website: https://kmspr.com/
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The Hill
2 days ago
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