Two-Way Learning Curve for Transatlantic Directors

From Corporate Board Member magazine, March/April, 2005:

Boards are developing an increasingly transatlantic flavor as more and more companies add directors from across the pond to help them map out international business strategies, inform them about foreign suppliers and customers, and—perhaps most urgent lately—keep them up to speed on new compliance regulations. “We’re seeing a lot of demand for people who can bring a European perspective to an American board and vice versa,” says Ted Jadick, co-chairman of the worldwide board practice at the search firm Heidrick & Struggles. Data compiled by Corporate Board Member in 2004 show that nearly 370 directors sit on boards on both sides of the Atlantic.

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