Wachtell Lipton's updated “Nominating and Corporate Governance Committee Guide” provides an overview of the key rules/regulations, exchange standards, and proxy advisor and institutional investor policies, applicable to listed company nominating & governance committees, and key topics and suggested practices that committees should consider across both their governance oversight responsibilities and their nominating oversight responsibilities - including those relating to sustainability, board leadership, board/committee/director evaluations, director compensation, and much more. The firm indicates that the guide is also relevant to private companies - particularly those that may at some point consider accessing the public capital markets.
In addition to a tabular comparison of NYSE and Nasdaq corporate governance standards, the appendix includes a sample/example director resignation policy, advance notice bylaw provision, D&O Questionnaire, and committee charter, for reference and tailoring to the company's specific facts and circumstances.
Access additional resources on our Nominating/Governance Committees page.
This post first appeared in the weekly Society Alert!