Corporate Governance of Subsidiaries: Emerging Risks and Best Practices
Unraveling the Subsidiary Board's Roles and Responsibilities, Interplay With Parent Board, Liability Risks, and More
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will examine the corporate governance challenges facing boards of corporations that are subsidiaries of parent companies. The panel will discuss best practices for addressing subsidiary board composition and risk management responsibility; balancing the roles and responsibilities of the subsidiary board and the parent company board; and other governance challenges.
- Trends in subsidiary corporate governance
- Best practices for boards of subsidiaries
- Board composition
- Role of subsidiary board vs. role of parent board
- Risk management responsibility
- Minimizing liability risk
The panel will discuss these and other key issues:
- What are the key legal risks associated with subsidiary corporate governance?
- What are some best practices for structuring subsidiary boards and defining the board’s role and responsibilities?
- What are some effective strategies for minimizing liability risks for subsidiary and parent company boards of directors?
Debbie K. Hoffman
Chief Legal Officer
Ms. Hoffman oversees the operation of her company's legal, compliance, risk and licensing functions. She is... | Read More
Ms. Hoffman oversees the operation of her company's legal, compliance, risk and licensing functions. She is responsible for corporate governance, legal compliance of subsidiaries and lines of business, preparation and negotiation of legal agreements, legal regulatory issues and evaluating the company’s exposure to risk. She advises the company on a wide variety of legal issues and directs the company’s outside counsel.Close
President & Managing Director
Governance Partners Group
Mr. Marcela leads Governance Partners Group, a corporate governance consulting firm that provides outsources Chief... | Read More
Mr. Marcela leads Governance Partners Group, a corporate governance consulting firm that provides outsources Chief Governance Officer services to companies that have a need to practice good corporate governance but may not have sufficient internal resources to practice good governance in an appropriately robust manner. He previously served as Vice President, General Counsel & Secretary of North American Bus Industries, Inc. and also served NABI’s sister company, Blue Bird Corporation. Previously, he was Associate General Counsel & Assistant Secretary of Dow Corning Corporation, a substantial global specialty chemical company equally owned by The Dow Chemical Company and Corning, Incorporated.Close