Tom Fox, Founder of the Compliance Podcast Network, discusses recent changes to the application of the Caremark standard and implications for corporate officers in this episode of The Corporate Director Podcast.
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In this episode:
How has the Caremark standardbeen applied over time? Fox discusses applications of the Caremark standard, citing notable cases from the last two decades.
What is the most recent evolution of the Caremark standard? Fox talks through the extension of the Caremark standard this year, and how it now applies to senior leaders of companies as well as the board.
How will this impact company management and governance? Fox notes potential implications for the C-suite and the board.
