Training Programs for Newly Appointed Corporate Directors
The role of the Board of Directors in corporate governance is constantly evolving. Newly appointed directors will gain a legal overview of board responsibilities, and a deeper understanding of enterprise risk management including compliance and the Foreign Corrupt Practices Act, as well as cyber and information technology risk. Experienced board members, leading faculty and practitioners will examine emerging trends in governance and shareholder engagement including the board nominating process, proxy voting process, activism, tenure, and diversity composition of boards.
Each program can be customized for content, format, and delivery. Below are a few indicative topics that could be included in the schedule:
- Serving on Your First Board: What to Expect
- Legal Overview of Board Responsibilities
- Core Board Responsibilities
- Enterprise Risk Management and the Board
- Governance and Shareholder Engagement
Sessions will be taught by NYU Law faculty as well as experienced practitioners. Below are examples of members within the NYU Law community who could be involved with this program.
Gerald Rosenfeld is Advisor to the CEO and Vice Chairman Investment Banking at Lazard Ltd. He has been an investment banker for over 30 years, working at Salomon Brothers (1979-1988), Bankers Trust Company (1988-1992), Lazard Freres (1992-1998) and Rothschild (2000-2011), before rejoining Lazard in 2011. Prior to investment banking, Dr. Rosenfeld was a consultant at McKinsey & Co. (1976-1979.) In his investment banking career, Dr. Rosenfeld has worked primarily in the area of Mergers & Acquisitions and Corporate Restructuring, including representing General Motors, Chrysler, ITT Corporation, Tenneco, Lotus, TRW, Thermo-Electron, United Airlines, TWA, and US Airways, among many others. He has served on several public Boards of Directors and is currently a director of CIT Group and of Continental Grain Co. He holds a Ph. from New York University (1973) in Applied Mathematics and is a fellow of the American Academy of Arts and Sciences. Dr. Rosenfeld is a Clinical Professor of Business at NYU Stern and a Distinguished Scholar in Residence at NYU School of Law. He serves on the Board of Overseers of Stern. He is co-director of the Law School’s Jacobson Leadership Program in Law and Business.