The Sarbanes-Oxley Act of 2002 and the corporate governance and accounting failures of recent years have significantly increased the visibility and scrutiny of public boards. These events, combined with new rules issued by the U. S. Securities and Exchange Commission, have resulted in major changes to board oversight and governance, processes and accountability. Investors are also expecting boards to be more proactive in maximizing shareholder value. These increased responsibilities have required greater independence and time requirements for board members. High-performing boards are motivated to become more active, informed, and independent as a business necessity.

Within this changing landscape, Nominating Committees must assess the competencies and skills needed to address the corporation's opportunities and challenges for the short- and long-term. More specifically, does the board have the appropriate industry and functional expertise required for strategic guidance, succession planning, and management team building?

Anderson Partners has assisted boards in achieving these objectives. Identifying and selecting competent, conscientious, and proactive board members requires an understanding of existing board challenges, business opportunities, desired board chemistry and culture, and an awareness of potential candidates meeting board requirements. We draw upon our public company board and committee experience, combined with sensitivity to current SEC and shareholder issues, to assist corporations in building exceptional boards. Leading the Board of Directors Practice is David C. Anderson, Managing Partner of Anderson Partners.

Newpark Resources Names David C. Anderson to Its Board of Directors