Chairman Christopher Cox
U.S. Securities and Exchange Commission
Keynote Address to the Stanford Law School Directors' College
Stanford University
Palo Alto, California
Thank you, Sy [Lorne, co-director of Stanford Law School's Directors' College], and thank you, Joe [Grundfest, William A. Franke Professor of Law and Business at Stanford Law School and co-director of Directors' College], for inviting me once again to join in the Directors' College. This is a wonderful opportunity for so many of the directors of America's public companies to sharpen their expertise in a number of areas that are important to doing your jobs. The sessions you've had — on subjects ranging from the duties of directors under Delaware law, to corporate governance ratings, to the board's responsibility in determining executive compensation — are exceptionally topical. And the organizers and presenters — including Professor Grundfest; my predecessor as Chairman, Rod Hills; Sy Lorne; Vice Chancellor Stephen Lamb; Ken Langone; and Penny Pritzker — are some of the most knowledgeable in these areas in the entire nation.
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