Senior Execs Encouraged to 'Answer the Call' to Serve on Corporate Boards
WASHINGTON, Dec. 19 /PRNewswire/ -- Amidst the turbulent and fast-changing environment surrounding corporate governance, a need exists for highly qualified, informed candidates to serve at the highest level of business -- in the corporate board seat. In response to this need and also to a rising tide of uncertainty surrounding such a commitment, Lynn Shapiro Snyder, Esq. and Robert Reif, Esq., senior attorneys with Epstein Becker & Green, P.C. (EBG), have released the third edition of a how-to guidebook for senior executives pondering stepping up to corporate board service. The purpose of this manual is to explain clearly and briefly the duties, risks, and rewards of corporate board service; what kind of due diligence is needed before deciding to accept an invitation to serve; and what will be expected once one gets there.
"We published Answering the Call at the urging of our health care industry colleagues who had the willingness to serve on corporate boards but lacked comprehensive information relative to it," said Lynn Shapiro Snyder. "We believe that for the informed person, the rewards of serving outweigh the risks." The book provides a precis of what one should consider as a member of a board of directors, including an overview of the various areas where a director may be held personally liable, what it means to be qualified for an audit committee, and best practices for good corporate governance. This edition of the book also has a chapter on director and officers liability insurance written by experts from Darwin Professional Underwriters, a specialty insurance group that focuses on the professional liability insurance market, as well as a chapter on the importance of gender diversity in the boardrooms written by experts from the Women Business Leaders of the U.S. Health Care Industry Foundation.
Recently recognized as a "Woman to Watch" by Jewish Women International for her roles as both a senior member of the law firm of Epstein Becker & Green, P.C. and as the founder and president of the Women Business Leaders of the U.S. Health Care Industry Foundation (WBL), Lynn Shapiro Snyder is recognized as one of the most powerful people in the health care industry. With the support of EBG, Ms. Snyder created WBL to advance the role of women in the health care industry and increase the number of those women who serve on the boards of directors of companies worldwide. Snyder has been at Epstein Becker & Green, the largest health care & life sciences law firm in the country, for more than 27 years.
Robert D. Reif chairs EBG's National Business Law Practice and is a member of EBG's Health and Life Science Practice, heading the Corporate and Transactions subgroup. Mr. Reif represents a variety of health care companies, including managed care organizations, hospitals, insurance and pharmaceutical companies, prepaid dental plan companies, preferred provider organizations, utilization review companies, nursing homes, private equity companies, and lenders in health care. Reif has been at Epstein Becker & Green for more than thirty years.
About Epstein Becker & Green, P.C.
Epstein Becker & Green, P.C., founded in 1973, is a law firm with over 380 attorneys practicing in 11 offices throughout the United States -- Atlanta, Chicago, Dallas, Houston, Los Angeles, Miami, New York, Newark, San Francisco, Stamford, and Washington, D.C. -- and affiliations worldwide. The firm's size, diversity, and global affiliations allow its attorneys to address the needs of small entrepreneurial ventures, middle market companies and large multinational corporations on a worldwide basis. EBG continues to build and expand its capabilities as a law firm focused on five core practices: Business Law, Health Care and Life Sciences, Labor and Employment, Litigation and Real Estate. For more information, visit http://www.ebglaw.com.
The Women Business Leaders of the U.S. Health Care Industry Foundation(TM) is a 501(c)(3) non-profit organization founded by Lynn Shapiro Snyder with support from founding sponsor, Epstein Becker & Green, P.C. to address the unmet needs of the senior executive women and women board members of companies doing business with the U.S. health care industry. The goal of the invitation-only Foundation is to help senior executive women in the health care industry improve their businesses and continue to grow professionally. The WBL Foundation also serves as a resource to companies and search firms conducting board searches and offers resources to women and men considering the risks and rewards of corporate governance. WBL holds a variety of educational summits, networking opportunities and receptions at major health care industry conferences and educational events. For more information, visit http://www.womenleadinghealthcare.org.
|SOURCE Epstein Becker & Green, P.C.|
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