Association/Nonprofit Board of Directors: Governance, Risk Management & Training
UST Webinar
GKG Law's Rich Bar served as an instructor for a U.S. Transactions Corp. webinar on November 5. Rich's webinar, Association/Nonprofit Board of Directors: Governance, Risk Management & Training, was targeted to CEOs, COOs and CFOs. Attendees learned how to better equip board members and directors for success in their roles; how to ensure the board continuously works to promote and obtain the mission of the organization; fiduciary duty considerations and challenges; and appropriate conflict of interest management. Full description can be found below and a recording of the webinar can be accessed here.
One of the most important components of an association CEO/COO/CFO’s demanding role involves serving as a day-to-day conduit to the board. Boards comprised solely of volunteers sometimes don’t receive the comprehensive training needed to perform successfully. Too often, volunteer board directors don’t understand the full spectrum of fiduciary, contractual and legal duties associated with their role, or the risks and responsibilities involved when a perceived or actual conflict of interest arises. As a CEO/COO/CFO, what steps can be taken to avoid these potentially critical issues?
