Announcing a New Board Member

Given the ongoing, increasing focus on corporate governance, new director appointments are important news. Often, companies communicate this news directly to shareholders and other stakeholders -- employees, customers, the media -- going beyond what’s required in the Securities and Exchange Commission’s Form 8-K.

Why? A new director appointment may be an opportunity for a board to emphasize its enhanced independence (or accountability), reassure shareholders, or infuse the board with fresh, new thinking.

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