Audit Committee Chair Succession: An Expert’s Guide

April 13, 2016

Doug Maine, the Audit Committee Chair of BroadSoft and Orbital ATK, Inc., and Cindy Fornelli, Executive Director of the Center for Audit Quality, join host TK Kerstetter of “Inside America’s Boardrooms” to discuss… Audit Committee Chair Succession: The Expert’s Guide To Getting It Right.

Board Governance Best Practices | Episode Summary

From a shareholder’s perspective, would you feel good about your investment if you found out that your company has no successor for the audit committee chair? The simple answer is No. So what’s a board to do? How do great boards handle the challenge?

Cindy Fornelli (Center for Audit Quality) and Douglas Maine (BroadSoft & Orbital ATK), two veterans of audit committee practices, share the scope of an audit committee chair’s responsibilities. They also suggest that companies should think about chair successors during the recruitment and mentoring stage and outline recommendations for audit chair rotations.

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