Tag Archives: D and O
The CEO is the figurehead of the company. Especially in high profile companies, they command a large amount of attention and have a significant influence on the company’s brand and image. It is growing as a crucial risk management strategy as well. Investors, rating agencies, and governmental entities are starting to require information about succession planning. And internal talent development and a comprehensive CEO succession..
We live in a highly litigious society. As nonprofits struggle to recover after the economic downturn, any claim or lawsuit, whether true or not, could be detrimental to their organization. It is particularly essential to protect the directors and officers of the organization with a comprehensive D&O insurance plan.
Officers and directors of a nonprofit board have a unique responsibility to their institution that typically goes beyond the usual board/company relationship. They have a mission and..