24 January 2018
visit www.ebaday.com

Nasdaq introduces Board Recruiting service

21 May 2007  |  3144 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.
KeywordsPEOPLE

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  |  7072 views  |  0 comments
OMX confirms merger talks

OMX confirms merger talks

12 April 2007  |  8045 views  |  0 comments
Nasdaq in takeover talks with Philadelphia exchange

Nasdaq in takeover talks with Philadelphia exchange

11 April 2007  |  6387 views  |  0 comments
Nasdaq income boosted by LSE currency hedge

Nasdaq income boosted by LSE currency hedge

13 February 2007  |  3931 views  |  0 comments
Nasdaq to launch options exchange

Nasdaq to launch options exchange

07 September 2006  |  8536 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
10068 views comments | 38 tweets | 49 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8684 views comments | 17 tweets | 11 linkedin
Could distributed ledgers restore the reputation of the MBS market?Could distributed ledgers restore the repu...
7223 views comments | 6 tweets | 9 linkedin
Blockchain security startup Ledger scoops £56 million funding roundBlockchain security startup Ledger scoops...
7064 views comments | 10 tweets | 11 linkedin
Westpac launches iMessage app following PayKey blockageWestpac launches iMessage app following Pa...
6828 views comments | 9 tweets | 3 linkedin

Featured job

Find your next job