• Independent Directors - Public Companies
Since 2002, The Sarbanes-Oxley Act and the New York Stock Exchange rules have made the independence of directors a paramount concern to companies boards of directors.
|Traditional ways of locating directors to serve on companies boards are no longer effective. The new regulations require a thorough review of any new director to ascertain the director's prior affiliation and whether certain requirements are met.
Stewart Management Company has significant exposure to Delaware operations of many Fortune 500 companies as well as smaller national and international firms through the provision of corporate secretarial and other related services. This exposure has enabled SMC to identify top quality individuals for service as Independent Directors. We categorized these qualified persons based both on their primary industry, as well as their specified fields of expertise. The availability of our selection of qualified Directors is continually updated.
We provide to Board of Directors the prospective director's comprehensive work history so that the Standards Committee can confirm the director's independence more easily. The service we provide is invaluable to the Boards. However, our charges to the company for such services are significantly less than our competition. SMC also maintains an ongoing relationship with the directors to assist them with their schedules and provide an office environment facilitating the timely processing of all required director duties.