2012-2013 NACD Public Company Governance Survey Highlights

The 2012-2013 NACD Public Company Governance Survey publishes benchmarking data on a wide range of board of directors practices.

A few highlights from the survey:

– More than 58 percent of public boards have combined the roles of chairman and CEO

-More than 82 percent of respondents reported that they received continuing director education in the past 12 months

-Slightly less than 40 percent classified their CEO succession plans as formal with steps set forth in corporate documents

-Formal risk management programs are used by 62.9 percent of the survey population