Executive Programs

Executive Programs at the Terry College of Business photo collage

Directors' College

Program Overview

Accredited by:

RiskMetrics Group Logo NACD logo

The Terry College of Business and the National Association of Corporate Directors team up to offer you Directors' College. Directors' College examines the impact that regulatory changes have had, and continue to have, on legal, fiduciary, and ethical responsibilities and liabilities of board members. Seven years ago, before Sarbanes-Oxley was enacted, the Terry College and the National Association of Corporate Directors partnered to create this two-day, ISS-accredited program for board members and senior executives that explores best practices in corporate governance and provides practical insights into how to handle today's boardroom challenges.

Through case studies and interaction between faculty and other board members and executives, participants learn the fundamental roles and responsibilities of the board and its committees, methods for evaluating financial health and performance, and practical ways of implementing new regulatory requirements.

Available accreditation includes: CLE, CEU and CPE.

Boards composed of directors who have participated in this program will receive an upward adjustment to their Corporate Governance Quotient™ (CGQ) as determined by ISS.

This program is approved by the NACD Corporate Directors Insititute and provides credits for maintaining the Certificate of Director Education. For more information about how to obtain the certificate, visit the Corporate Directors Institute web site or call 202-775-0509.

Directors College 2009: June 10-11, 2009

"This is a first rank Directors' College, with an interactive program that assures directors learn about the latest developments in corporate governance and leave with practical advice on risk and liability avoidance. Best of all, the number of participants is deliberately kept small in order to encourage active participation and to increase opportunities to learn from fellow directors who may have personal experiences directly relevant to the problems being studied."
—The Honorable William B. Chandler, Chancellor, Delaware Chancery Court

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Who Should Attend

  • Board members
  • Senior executives
  • Those preparing for future board service

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Benefits

The Director's College Program will allow attendees to learn the fundamental roles and responsibilities of the board and its committees, methods for evaluating financial health and performance, and practical ways of implementing new regulatory requirements.

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Topics Covered

Roles, Responsibilities and Expectations of Directors: From Van Gorkom to Sarbanes-Oxley to Disney

  • Defining and understanding directors' duties of care and loyalty and the prenumbra of good faith
  • The business judgment rule — and when it does not apply
  • The not-so-bright lines of director independence
  • New tasks for the board and committees from Sarbanes-Oxley, the NYSE, and NASD
  • The impact of recent scandals, case law, and settlements on board service

Finance and Accounting Session
This session will deal with financial reporting, auditing, internal control and similar matters facing not only audit committees but also all board members. Among the topics to be discussed will be:

  • Dealing with the new expectations for audit committees
  • Experiences with 404 compliance and future expectations
  • Handling the inevitable financial reporting or similar problem
  • New developments in accounting/regulation/auditing

Leadership Succession Session
This session will deal with the compensation and succession issues, a major responsibility of the entire board. Among the topics to be discussed will be:

  • Role of the board relevant to company leadership and succession
  • Leadership selection and performance monitoring and evaluation
  • Best practices and lessons to learn from experience

Executive Compensation
This session will review the recently concluded 2009 proxy statement season and its potential impact on executive compensation programs going forward:

  • New SEC executive pay disclosure requirements
  • Role of the Compensation Committee in the new environment
  • Hot buttons in executive pay
  • Lessons learned from this proxy season

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Faculty

The Honorable William B. Chandler III, 2009 Keynote Speaker
Chancellor, Delaware Court of Chancery

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Duration and Costs

  • Duration: 2 Days
  • Costs: NACD Member, $2,400
    Non-member participant*, $2,600

*For each additional participant from the same organization

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Registration Options

Registration is currently unavailable.

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CONTACT INFORMATION

Office of Executive Programs
Terry College of Business
University of Georgia
110 E. Clayton Street
Suite 602
Athens, GA 30602-6254
706-425-3051
706-369-6078 (fax)
email

DIRECTOR

Charles E. Squires
357 Brooks Hall
706-425-3051
email