Wachtell Lipton's newly updated Nominating and Corporate Governance Committee Guide provides an overview of the key rules/regulations, exchange standards, and proxy advisor and institutional investor policies applicable to listed company Nom/Gov committees, and key topics and suggested practices that committees should consider across both their governance and nominating responsibilities - including those relating to E&S, board leadership, board/committee/director evaluations, director compensation, and much more. The firm indicates that the guide is also relevant to private companies - particularly those that may at some point consider accessing the public capital markets.
The appendix includes a sample director resignation policy, advance notice bylaw, D&O Questionnaire, and committee charter, for reference and tailoring to the company's specific facts and circumstances.
This post first appeared in yesterday's weekly Society Alert! Access additional resources here.