Is your board the strategic tool you want it to be?
Outside directors can bring the credibility, objectivity, and most importantly, the contacts you need to grow your business. Whether your company is public or private, your board can be your competitive edge.
What is your board missing?
To enhance this competitive edge, your board must be carefully chosen to create a winning combination, much like a sports team. Every member should bring different skills and attributes to the table. A balanced board, like a winning team, will be greater than the sum of its parts. Eton Partners can locate independent candidates who have the strategic vision, specialized expertise, diversity, and industry contacts to strengthen your board – and your company.
A difficult search made easy
Today, qualified board candidates are becoming increasingly scarce. Heavier workloads, greater liability, and reduced compensation make the search for motivated outside directors more difficult than ever. Eton Partners specializes in helping public and private companies overcome this hurdle.
We also are keenly aware of the impact of the newly passed Sarbanes-Oxley Act. Following the recent wave of corporate scandals, boards of directors are under scrutiny like never before. Companies are urged to have independent directors sit on their boards, and the Sarbanes-Oxley Act imposes strict requirements on audit committee membership. Eton can find for you the “financial experts” the law now requires, handpicked with your company’s culture and goals in mind.
Is Your Company Affected by This New Law?
Section 407 of the Sarbanes-Oxley Act, signed into law on July 30, 2002, requires all publicly traded companies to disclose whether at least one member of its audit committee is a “financial expert” – as defined by the SEC.
To read more about the Sarbanes-Oxley Act and its long-term impact on corporate boards of directors:
“The Best & Worst Boards; How the corporate scandals are sparking a revolution in corporate governance,” BusinessWeek, October 7, 2002, pp. 104-114
“Let There Be Light,” Chief Executive, October 2002, pp. 43-46
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