One of the AC chair's key roles is to help ensure that committee members understand the top critical risks to the business.
A key role for the AC chair is to ensure that all committee members understand the critical risks to the business—risks to its strategy, its business model, or its survival.
To that end, many AC chairs:
In light of the #MeToo movement, many AC chairs are taking deeper dives into culture and behavioral risks. To that end, ACs are probing HR for cultural and behavioral data (employee surveys, turnover rates, and exits exit interviews, etc.) beyond what has historically been provided regarding ethics, compliance, and whistleblower hotline complaints.
The Board Leadership Center team is available, courtesy of KPMG, to provide one-on-one briefings on general trends, hot topics in corporate governance, or issues important to you and your board.