Ed Merino is a boardroom executive coach whose clients are board chairmen, board members, CEO's and their direct reports. Ed has over 30 years of public and private boardroom experience. He currently serves on the board of NACD, Southern California, and created the Director Education roadmap through programs at Harvard, Stanford and UCLA. He also contributed on the Blue Ribbon Commission on Board Evaluation of NACD. He recently attended the annual Directors Forum 2008 in San Diego and will discuss corporate governance issues that sparked his interest. Listen to this show to hear his comments on pay for performance, compensation disclosure, art of chairmanship and much more.
LISTEN: SEGMENT ONE
Ed Merino considers Corporate Governance the biggest 'game in town'. He shares his observations of what he has learned at the Directors Forum 2008 organized by the Corporate Directors Forum. In this segment, one of the element he discusses is the importance of communication between the Board, Management and Shareholders.
LISTEN: SEGMENT TWO
Ed discusses pay for performance where he addresses four main characteristics in building pay for performance program. These include shared values, shared leadership, shared responsibility and shared wealth. It often breaks down with the last point.
LISTEN: SEGMENT THREE
This year has been very big in compensation disclosures. Are the addition of all the increased rules and disclosure provisions making the financial markets less competitive with other financial markets? If so, how can we deal with or should we resist these changes? Ed passionately provides his perspective on these issues as well as on the 'Art of Chairmanship.'
LISTEN: SEGMENT FOUR
Ed recommends two books from Sir Adrian Cadbury such as The Company Chairman as a must read for someone who is considering becoming a chair. In this last segment, Ed has strong opinions about board evaluation and the fact that shareholders should be evaluated as individuals or the board as a whole?
