Michael Peregrine
speaker
854 appearances
3 recordings
1 series
first heard Jun 2026
last heard 4 Aug
Michael Peregrine’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.
Appearances
With too few committees comes the challenge of effectively handling all the duties assigned to the committee in the charter.
And I think the example is the compliance committee.
Oftentimes, you have an audit and compliance committee.
The charter is seven-eighths audit and one-eighth compliance.
And if you add that with infrequent meetings, again, you risk degrading the quality of the committee functions.
I think the big picture here, and again, going back to having this flexible process of how we set up committees, is that we have to come to grips with the basic responsibilities of the board and its oversight and decision-making responsibilities.
What do they need from a committee to be effective, and for how often and for how long should a committee meet?
I'm not always sympathetic to CEOs complaining about working board members too hard,
especially when they serve on other boards as well.
Board service is a really big deal, as we talk about in this podcast all the time.
And if you're not prepared to put in the time as a board member, just step away.
You know, we'll find people who can.
At the same time, the committee process shouldn't be unnecessarily burdensome for directors.
And again, this is where taking advantage of state laws that allow committees to include non-board members can be very helpful.
Just a roundabout way of answering your question, which is the fact that the committee process in many elements is flexible and doesn't have clear statutory or governance principle guidelines means there's a lot of room for mischief, there's a lot of room for mistake, there's a lot of room for making life harder or too easy for board members.
And so it really requires attention.
And I think this again goes back to the very beginning
What are we asking of the, what's the board asking of committees and is the board willing to do that to make committees work?
Well, you know, there's always a little bit of OCD in any kind of governance lawyer because you just love to see charters that look exactly the same in format.
But all too often, you know, like one charter is 10 pages long, another is half a page.
Showing 101–120 of 854 · page 6 of 43
← Previous
Next →