In this episode, William Chandler, Former Chancellor of the Delaware Court of Chancery and Partner with Wilson Sonsini Goodrich & Rosati, looks at a director’s duties and risk with respect to cyber security; he also looks at how being a specialist on the board has the potential to increase your liability as an activist shareholder target. Chandler shares his views on recent corporate governance and boardrooms trends while reviewing the potential impact of recent Delaware Court of Chancery decisions.

Kerstetter and Chandler also discuss the increasing trend of scrutinizing director compensation and how several companies have come under fire — and what you can do to prevent the problem.