Personal liability is typically not something board members of public companies give much thought to; only a small percentage take the time to ask more in-depth questions about their coverage or personal risk when they join a board. In the litigious U.S. business climate, however, directors would be well served to understand their personal liability and ask the right questions about companies’ D&O policies.
In this episode, Katherine Henderson, Partner, Wilson Sonsini Goodrich & Rosati, frames how board members and corporate secretaries can best navigate today’s D&O landscape:
- What key aspects should board members of public companies be aware of in regard to director liability?
- What are the three most important questions that a new or sitting director should ask about their D&O policy and coverage?