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Roadmap Released for Senior Executives Who Want to Reach the 'Pinnacle'
Date:12/19/2007

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 Interna
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SOURCE Epstein Becker & Green, P.C.
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