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Evolving Role of Independent Directors

The topic for this year’s series of Chancery Court panels was the evolving role of independent directors in corporate governance. The panels were moderated by Leo Strine, Jr., L’88, vice chancellor of the Delaware Chancery Court, and Penn Law professor Michael L. Wachter, co-director of the Institute for Law and Economics. The March discussion focused on how corporations should organize their board committees in light of new legal and financial mandates. Addressed in the April panel were the changes of labor’s influence on investment markets through the years and the corporate governance initiatives that are in labor’s best interests.

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