January 18, 2013

Meredith Cross to Return to WilmerHale – & the Latest SEC Chair Rumors

Recently departed Corp Fin Director Meredith Cross has decided to return to her old firm, WilmerHale. I’m sure they are very glad to have her back.

And the latest “next SEC Chair” rumors are circulating – although there is a good chance that Elisse Walter may keep the job in my opinion – with Mary Jo White, the former US attorney in Manhattan being reported as under consideration. My own poll of who might be tapped as the next Chair resulted in CII’s Ann Yerger getting the most votes (sadly, the poll results have vanished along with the web polling software I was using). I’m sure we will hear many more rumors as Elisse is likely to stay in the job at least through most of this year…

Meanwhile, the debate over crowdfunding continues. See this Huffington Post piece entitled “JOBS Act Rule Poses Early Test of SEC Chairman Walter’s Leadership.”

Draft Recommendations: Advisory Committee on Small and Emerging Companies

Recently, the Advisory Committee on Small and Emerging Companies posted its recommendations in draft form, including a number of interesting items (eg. setting up of a stock exchange for small companies). There will be a public meeting of the Advisory Committee on February 1st…

How to Do Board Succession Planning

In this podcast, Kris Veaco of the Veaco Group runs down some frequently-asked questions about how to conduct board succession, including:

– Why should boards be thinking about their own composition and succession planning?
– What are some ways boards go about this?
– Who does this work, the board itself?
– How are the results used?

– Broc Romanek