About the Role
As a member of the Board, you would oversee the CEO and other senior management in the competent and ethical operation of the Corporation on a day-to-day basis and ensure that the long-term interests of shareholders are being served.
To satisfy the Board’s duties, you will be expected to take a proactive, focused approach to their positions to ensure that the Corporation is committed to business success through the maintenance of high standards of responsibility and ethics.
For all directors, the corporation requires an independent mindset, integrity, personal and professional ethics, business judgment, and the ability and willingness to commit sufficient time to the Board.
The Board considers many factors in evaluating the suitability of individual director candidates, including their general understanding of global business, sales and marketing, finance, and other disciplines relevant to the success of a large, publicly traded company; understanding of business and technology; educational and professional background; personal accomplishment; and national, gender, age, and ethnic diversity.
In all cases, a record of significant accomplishment in a relevant arena is a must.
The Board is committed to actively seeking highly qualified women and individuals from minority groups to include in the pool from which new candidates are selected.
Experience driving business success in markets around the world, with an understanding of diverse business environments, economic conditions, cultures, and regulatory frameworks, and a broad perspective on global market opportunities.
Extended leadership experience for a significant enterprise, resulting in a practical understanding of organizations, processes, strategic planning, and risk management. Demonstrated strengths in developing talent, planning succession, and driving change and long-term growth.
Prior M&A experience is desired - A history of leading growth through acquisitions and other business combinations, with the ability to assess “build or buy” decisions, analyze the fit of a target with a company’s strategy and culture, accurately value transactions, and evaluate operational integration plans.
A significant background working in technology, resulting in knowledge of how to anticipate technological trends, generate disruptive innovation, and extend or create new business models
The Technology Committee Director will be responsible for the following:
1.Review innovation and technology matters of importance to the Corporation, and provide oversight regarding:
• the Corporation’s investments in technology, research and product development;
• the Corporation’s technology initiatives;
• the Corporation’s strategy and approach to technical talent management; and
• the strength and integrity of the Corporation’s engineering and development processes and disciplines.
2. Review and assess the Corporation’s policies and procedures on product safety.
3. Review and assess the Corporation’s practices with respect to how customer needs, both current and future, inform technology development and customer service and support offerings, as well as customer messaging and marketing of the Corporation’s technologies.
4. Discuss with management the Corporation's major risk exposures related to technology, including information and product and service security, and the steps management has taken to monitor and control such exposures.
5. Periodically review the Corporation’s intellectual property strategy and activities.
6. Make regular reports to the Board of Directors.
7. Review and reassess the adequacy of this Charter annually and recommend any proposed changes to the Board of Directors for approval. Annually review its own performance.
About the Company
theboardiQ has been retained for a "Technology Committee Director" role for a Russell 3000 Publicly Traded Company
"5" being most important and "1" being least important
Strategic Leadership and Execution
Applies vision to think beyond the immediate situation and explores multiple potential paths. Invests time in planning, discovery, and reflection to better drive decisions and more efficient implementation. Ensures that business goals are met by executing, monitoring, and adjusting the organizational action plan.
Managing Through Change and Uncertainty
Adjusts thinking and behavior to resiliently face change, and uses experience to fuel growth. Embraces failure as a learning opportunity for themselves and others. Enables the process of change and transition while helping others deal with the effects of change.
Prioritizes and takes action on the needs of both internal and external customers. Designs and delivers products and services with the customer experience top of mind.
Technology and Systems
Your track record of experience in leveraging software technology to solve customer issues, proficiency in commercializing disruptive innovations and developing innovative business models, and knowledge of digitization, mobility, cybersecurity, data management and analysis, and integrated software/hardware.
Risk Management and Cybersecurity
Your track record of experience in overseeing, managing, and mitigating risks, including cybersecurity, regulatory compliance. intellectual property, and customer management; and an understanding of how to assess and develop strategies to address environmental and social issues.
Business Ethics and Compliance
Your track record of experience in corporate integrity, conflict of interest, confidentiality and data protection, prevention of bribery, ethical marketing and fair competition, corporate social responsibility — health and safety and fair labour.
Environmental, Social and Governance
Your track record of experience in the four pillars prescribed by the WEF
1) People: Reflecting a company’s equity and its treatment of employees. Metrics include diversity reporting, wage gaps, and health and safety.
2) Planet: Reflecting a company’s dependencies and impact on the natural environment. Metrics in this pillar include greenhouse gas emissions, land protection, and water use.
3) Prosperity: Reflecting how a company affects the financial well-being of its community. Metrics include employment and wealth generation, taxes paid, and research and development expenses.
4) Principles of governance: Reflecting a company’s purpose, strategy, and accountability. This pillar includes criteria measuring risk and ethical behavior.
Your track record of growing market share and revenue in markets around the world; an understanding of how to drive growth in both mature and emerging markets, as well as regulated and free markets; and insight into the talent needs of diverse geographic markets.
Marketing and Sales
Your track record of growing market share/revenue through innovative marketing and effective selling — a history of building brand awareness and equity, knowledge of how to enhance enterprise reputation and image, an understanding of the voice of the customer and the power of differentiating a brand in a way that is compelling to target customers.
Financial Accounting | Audit
Your track record of experience related to a financial / accounting background that may meet regulatory requirements to be deemed a “Financial Expert”.
Equal opportunity employer
Race & Ethnicity