Resolution of the Board of Directors of the Corporation for Public Broadcasting
November 15, 2005
Establishment of a Corporate Governance Committee
Unanimously
WHEREAS, The Board of Directors of the Corporation for Public Broadcasting is taking action to strengthen the governance of the Corporation; and
WHEREAS, The Board has considered the findings of the Report of Review of the CPB Inspector General as well as the independently requested recommendations of outside counsel and auditors; and
WHEREAS, The Board and staff of the Corporation, as stewards of federal funds, are committed to assuring the Corporation adheres to its governing mandates in an exemplary manner while fulfilling its statutory mission.
THEREFORE, BE IT RESOLVED, That the Board of Directors hereby establishes a Corporate Governance Committee to develop, with the assistance of outside counsel and governance expertise, corporate governance guidelines and practices to recommend to the Board for the Corporation.
BE IT FURTHER RESOLVED, That the Board of Directors appoints director Frank Cruz to chair the Corporate Governance Committee and directors Katherine Anderson and Cheryl Halpern to serve as committee members; and
BE IT FURTHER RESOLVED, That the members of the Corporate Governance Committee are directed to develop, with the assistance of the Corporation's General Counsel and outside counsel, a draft form of Charter for the Committee, which Charter will be subject to review and approval by the full Board.
