CLS Blue Sky Blog

Wachtell Lipton Discusses Key Corporate Governance Issues for Mid-Year 2021

Last year, we did a mid-year edition of our annual Thoughts for Boards of Directors to highlight key issues and considerations in managing the challenging business environment and profound upheaval caused by the pandemic.  Many of these issues are still top-of-mind as the “new normal” continues to evolve, and will continue to be prominent themes in boardroom discussions. As we emerge from the pandemic, boards and management teams should continue to assess their corporate purpose, strategy, risk management procedures, and board committee structures to optimize their ability to deal with the ever-proliferating number and complexity of business risks and opportunities they must navigate, including the following:

It is remarkable how many key issues have been rapidly evolving and proliferating in such short order.  A corporation and its board of directors should consider the best means of dealing with these issues, including by forming a team of advisors and meeting periodically with the team.

This post comes to us from Wachtell, Lipton, Rosen & Katz. It is based on the firm’s memorandum, “Some Thoughts for Boards of Directors:  Key Corporate Governance Issues at Mid-Year 2021,” dated June 21, 2021.

Martin Lipton
Steven A. Rosenblum
Karessa L. Cain

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