Counsel to Counsel: Navigating Relationships with the Board, CEO and the Audit Committee; February 2006: Balancing Board Involvement With New SEC Executive Compensation Guidelines

    June 2006

    In the changing corporate governance environment, directors need guidance from counsel to find a level of involvement in the executive compensation process that meets their oversight responsibilities without descending into micromanagement.

    This Best Practice perspective was originally shared as part of roundtable discussions that took place as part of the Martindale-Hubbell Counsel to Counsel (C2C) Forum, San Francisco, Thursday, February 9. This forum, “Navigating Relationships with the Board, CEO and the Audit Committee,” tackled the challenges and issues associated with managing corporate relationships.