18 August 2017
Find out more

Nasdaq introduces Board Recruiting service

21 May 2007  |  3083 views  |  0 Nasdaq

US electronic stock market Nasdaq is launching an online service, called Board Recruiting, that aims to help public and private companies find prospective board members.

Board Recruiting is a profile matching system that connects potential board member candidates with companies seeking directors. Candidates and boards will be matched once mutual interest has been established.

Bruce Aust, EVP at Nasdaq's corporate client group, says Board Recruiting was created to meet an increased need on the part of both public and private companies to find qualified directors.

"With term limits, fewer multiple directorships, and the move toward increased independence, sourcing candidates has become more difficult," says Aust. "We are filling a need our customers have communicated to us, and we are creating a broader pool of high quality candidates that has not been available in this format before."

In a statement David Smith, president of the Society of Corporate Secretaries and Governance Professionals, says the service will greatly enhance the traditional board recruitment process, which is often done by word of mouth: "Individuals with special skills and talents who might not normally have been sourced can be matched with companies requiring those skills to support their corporate strategy."

The service will operate with a subscription model, with contingency fees upon successful placement of a director candidate.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Reg NMS to favour Nasdaq over Nyse - Goldman

Reg NMS to favour Nasdaq over Nyse - Goldman

24 April 2007  |  7010 views  |  0 comments
OMX confirms merger talks

OMX confirms merger talks

12 April 2007  |  7987 views  |  0 comments
Nasdaq in takeover talks with Philadelphia exchange

Nasdaq in takeover talks with Philadelphia exchange

11 April 2007  |  6300 views  |  0 comments
Nasdaq income boosted by LSE currency hedge

Nasdaq income boosted by LSE currency hedge

13 February 2007  |  3853 views  |  0 comments
Nasdaq to launch options exchange

Nasdaq to launch options exchange

07 September 2006  |  8446 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7402 views comments | 21 tweets | 22 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7238 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
5978 views 1 | 5 tweets | 3 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5845 views comments | 10 tweets | 7 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5803 views comments | 11 tweets | 9 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...

Find your next job