Friday, March 31, 2006

Non-executive directors: More power, more glory


The role of the non-executive director of a quoted company has certainly changed. “The other day, I had a newly appointed non-executive come to see me, and he carried two briefcases,” says Peter Breen, senior partner in the board practice of search firm Heidrick & Struggles International.

“One contained a pile of briefing papers six inches thick for his new job. It wasn’t something you can flick through on the way to the meeting.”

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