Wondering what the new corporate governance regulations mean to you? Ketchum took the issue on in a recent webinar titled Governance Matters: A Briefing on New Corporate Governance Regulations.
Rob Flaherty, Ketchum president and managing director of the agency’s global corporate practice, laid out the pieces of the issue most relevant to the corporate communications community in a recent panel, and charged listeners with understanding the new regulations’ implications as well as the vulnerabilities they create with regard to companies’ reputations.
Among the issues discussed were executive compensation, corporate governance, proxy access and Board of Directors, as well as how to address those issues in an even more transparent corporate environment.
The panel — Kurt Stocker, SEC Disclosure Advisory Board member, Lou Thompson, former president and CEO of the National Investor Relations Institute, Elaine Wolff, partner at Jenner & Block’s Washington, DC office, Sophie L’Helias, head of L’Helias LLC, and Fred Marquardt, senior managing director of Morrow & Co. LLC. — spoke about various aspects of a company’s makeup that will need further explanation.
“The very big point that we hope to make today is that there is a much broader role now for communicators and for the investor relations function within a company. There’s a new obligation that we have. The old model is something that has to be re-examined and changed, and there needs to be a new level of alignment,” Flaherty said.