Director tenure continues to gain attention in corporate governance as term limits become a cause célèbre. Proponents argue directors should no longer qualify as independent after 10 years of service, even though no law, rule or regulation prescribes a maximum term for directors.
We believe director term limits would be misguided and counterproductive.
Originally published on NACDonline.org - November/December 2014.
Please see full publication below for more information.
