Private Company Governance and Board Risk Management

Duration: 60 Minutes
Compliance has become a key element in business operations. Federal Sentencing Guidelines contain specific provisions which can benefit a business that has the proper compliance structure and procedures in place. Clearly, risk management has become a global need for companies which should adopt a risk management and compliance program ensuring that from the board of directors and top management to each department a cohesive and unified structure is in place to ensure compliance and manage the risks.
Board Oversight of Organizational Risk Management
Instructor: Paul Marcela
Product ID: 503083
This webinar training will highlight best practices for members of the board of directors and senior management for implementing and maintaining a risk management program with a particular focus on cyber security. It will provide advice on what regulators look for in proper governance procedures and documents. The session will follow the creation of a risk management program and explain how the program should be managed by the company's board.

Objectives of the Presentation
In this webinar, you will learn about a private company Board of Directors' oversight of private company risks, with a particular focus on cyber-security, regulatory and material litigation risk and best corporate governance practices being adopted by private company Boards of Directors to oversee and manage those risks.

Why Should you Attend
Private company Boards of Directors are assuming responsibility for overseeing their corporation's risk management activities. Risk management, in particular with respect to cyber-security risk, is a key aspect of modern corporate governance and is increasingly capturing the attention of private company boards. It is important for private company corporate secretaries and other corporate governance professionals to be aware of this focus in order to provide related corporate governance guidance to their companies' Boards of Directors, CEOs and CFOs.

Areas Covered
  • General principles of Board oversight of risk
  • Board Oversight of Cyber-security
    • Types of information of interest to cybercriminals
    • Best practices for Boards of Directors
    • Assignment of risk oversight to appropriate Board Committee
  • Key considerations for the Audit Committee
  • Director and Officer liability issues
  • Cyber security and other risk insurance
  • Oversight of product liability litigation risk
  • Overarching risk management practices, processes, strategies and approaches
Who will Benefit
  • Members of Boards of Directors
  • Principals of private equity firms, family offices and venture capital firms
  • Chief Executive Officers
  • Chief Financial Officers
  • Corporate Secretaries, Assistant Corporate Secretaries and other Corporate Governance Professionals
  • General Counsels and other in-house attorneys
  • Corporate attorneys practicing in law firms
  • Business and law school professors and students
Members of the following organizations may be particularly interested in this topic:
  • National Association of Corporate Directors (NACD)
  • Private Directors Association (PDA)
  • Society for Corporate Governance
  • Association for Corporate Growth (ACG)
  • Family Office Association (FOA)
  • Association of Corporate Counsel (ACC)
$300
Recorded Session for one participant
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Paul Marcela is President & CEO of Governance Partners Group, a corporate governance services firm that specializes in providing outsourced Corporate Secretary services to companies that seek support in attending to the corporate governance requirements of their Boards of Directors. GPG provides services in the categories of Board and Committee Support, Subsidiary Management and Corporate Governance Program and Process Consulting. GPG focuses on providing governance services to private companies, small to mid-cap public companies and not-for-profit organizations that may not have sufficient internal resources to practice good governance in an appropriately robust manner.

Paul is the Secretary of the Private Directors Association. He has also served the Society for Corporate Governance as Chair of the Society's Private Companies Committee, as a member of the Society's National Board of Directors and the Southeast Chapter Advisory Council and as President of the Detroit Chapter.

Previously, Paul has been Vice President, Secretary & General Counsel of two Cerberus Capital Management private equity portfolio companies, Blue Bird Corporation and North American Bus Industries, Inc., and served as Financial Counsel to Dow Corning Corporation, most recently as Associate General Counsel & Assistant Secretary. Paul's primary legal practice areas have been corporate governance, securities, mergers & acquisitions, corporate finance and litigation management. His current professional focus is exclusively in the corporate governance arena.

Paul earned a J.D. from Case Western Reserve University, a M.B.A. from Central Michigan University and a B.S. from Allegheny College.
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