How Does the Nominating Committee Identify Potential Candidates?
The nominating committee uses various methods to identify potential candidates. These may include:
- Internal Talent Pools: Reviewing internal candidates who have demonstrated leadership potential. - External Search Firms: Engaging specialized firms to identify and vet external candidates. - Networking: Leveraging the networks of current board members and executives to find suitable candidates. - Industry Databases: Utilizing industry-specific databases and resources to identify potential leaders.