CG News update vol.5

The Calm Before the Storm: Five Things Every Board Should Be Doing Now
May 10, 2019 By Bradley J. Bondi

With the economy in overdrive and the bull market continuing to run, it is difficult to envision, let alone discuss, a storm ahead. The S&P 500 and NASDAQ each recently closed at record highs; unemployment is low; and the gross domestic product report is strong. The administration and Congress have taken steps to lessen regulatory burdens, and the Supreme Court has been issuing rulings favorable to businesses. Securities class action litigation against the Fortune 500 is down as stocks generally are rising. So why speak of a brewing storm—and what type of storm? (Read more click)

Ray Gilmartin on How to Build a Sustainable Growth Business
May 14, 2019 By Christian Hildebrandt

What course of action does the board take when the company’s growth stalls, changes implemented by the CEO are not working, and the board does not agree on future steps?

At the 2018 Summit Director & Officer Training Conference in Park City, Utah, Raymond V. Gilmartin, the former chair, president, and CEO of Merck & Co. who is now an NACD board member, described the typical response of boards in this situation and offered a better solution. (Read more click)
 

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