Tag: Boards of Directors

HomeTag: Boards of Directors

Board Oversight of AI: Do Boards Need AI Experts? | Debevoise & Plimpton LLP

April 27, 2026, 8:07 am Industry, Top

As the use of artificial intelligence (AI) across industries increases rapidly, many boards of directors are considering whether they have the expertise necessary to maintain effective oversight of AI-related opportunities and risks. As the SEC has made clear regarding cybersecurity, boards must find a way to exercise their supervisory obligations, even in technical areas, if those areas present enterprise risks. A frequent question in this context is whether boards should have a director who is an “AI expert.”

In this Debevoise Update, we highlight three considerations for boards evaluating the need for AI expertise in the boardroom.

Source: Board Oversight of AI: Do Boards Need AI Experts? | Debevoise & Plimpton LLP

AI Demands Attention From Corporate Boards to Avoid SEC Scrutiny

January 6, 2026, 7:51 am Industry, SEC, Top

Every few years brings a shiny new source of systemic risk, and public companies have a well-worn habit of falling behind the curve. The sequence is almost predictable: The technology gains traction, and investors push for transparency. Companies then get ahead of themselves in published statements while plaintiff’s lawyers and the SEC begin testing and challenging those statements. As a…

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AI Tools in the Boardroom | The D&O Diary

July 10, 2025, 7:31 am Industry, Top

Artificial Intelligence (AI) tools and processes are becoming increasingly pervasive in many industry sectors and in many phases of business. AI use is also spreading to corporate processes and functions. For example, as I recently noted, some companies many be using AI tools to draft the MD&A in their periodic reports. And, at least according to a recent post in…

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Tesla’s Board Chair Under Scrutiny for Oversight of Elon Musk – The New York Times

February 15, 2024, 8:56 am Industry, Top

Late last month, a Delaware judge sharply criticized Ms. Denholm’s leadership while striking down Mr. Musk’s 2018 compensation package, which is worth more than $50 billion. Ms. Denholm took a “lackadaisical approach to her oversight obligations” at Tesla, said Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery. The judge also questioned whether Ms. Denholm could be independent…

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2023 Silicon Valley 150: Corporate Governance Report

January 30, 2024, 9:03 am Industry, Top

Our 2023 Silicon Valley 150 Corporate Governance Report reviews the corporate governance practices and disclosures of the Valley’s largest public companies. This report uses the Lonergan SV150, which ranks the top 150 public companies with headquarters in Silicon Valley by annual sales. We noted the following key conclusions from our survey of SV150 corporate governance: Virtual meetings are here to…

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