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About CMi  

The Independent Director Service
To the Board of the Sponsoring Company

Your company is a large talent-rich European Fortune 250 corporation. Only very few of your executives can serve on your board. How do you develop and retain selected top performers who are not yet on your board?
What could be the benefits from having your most precious leadership talent serve on a non-competing, listed company’s board?

Experience of working at board level
Grooming and motivation for envisaged future roles
Stretching and thereby validation of potential for promotion
Preparation for future board membership in your company or enhancement of current Executive Directors’ contribution to your own board
Access to networks and market insight in sectors and geographical locations of importance to you and your company
Goodwill for your own company resulting from your executive’s performance as an independent director

A carefully selected directorship will bring your executive:

Broader leadership and decision-making skills
Expanded high-level networks
Experience of another company and new markets
Assimilation of proven corporate governance best practices
Furtherance of his or her international perspective
 

CMi provides the highest quality of mentoring from world-class captains of industry. CMi’s board mentors count between them more than two centuries of experience as Directors and Chairmen.

Diligent and rigorous appointment processes ensure that your executive will serve on an appropriate and well-run board which will offer opportunities of enhancing his/her experience.

The programme prior to appointment typically takes a maximum of four to five days, spread over one year, and is designed to fit into a busy executive's agenda.

To the Client – the Independent Director
You are a successful senior executive, well on the way to assuming expanded roles in your company. You figure prominently in your company’s succession plan and you may be President of a Division, an Executive Director or the CFO.

How do you continue your own development and advancement? What could an independent directorship on the board of a non-competing, listed company bring to you?

Big picture experience of boardrooms at work
Exposure to how other businesses are run, maybe in countries other than your own
Opportunities to contribute your competence and experience where it matters, having impact on value creation
Wider application of your judgement, decision-making skills and understanding of board processes
Application of your new knowledge and network within your company
Increased visibility and career acceleration

Mentorship is the fundamental underpinning of the service, supported by a foundation programme in boardroom practices. Together they offer an exceptional opportunity to have access to Europe's captains of industry and their leadership experience.

You will be able to solicit your mentors' insight and advice on issues regarding your future independent directorship as well as important matters relating to your current executive role.

Meanwhile, CMi will provide appropriate Non-Executive Directorship appointment opportunities according to your objectives.

During the first year of your Non-Executive Directorship you will expand your relationships with your board mentors and receive information and insight on your appointing company's industry and strategic issues with your mentors with a view to promptly maximising your contribution to your new board.

 

To the Board seeking an Independent Director
Why should you consider appointing one of CMi’s client executives to your board?

Because they have outstanding track records and future potential:

They are exceptional leaders in companies of world-wide reputation, on the board or one level below
They have a wealth of management experience, often running very large European or global businesses
 

Because they are prepared for the role:

They are supported by their company's board in seeking an independent directorship
They have acquired state-of-the-art boardroom practices from the most senior and successful business leaders in Europe, who have passed on their wealth of wisdom and experience
They understand the requirements of a modern board and their duties in this respect
They have the character and style to be effective independent directors

Because they will contribute to your company from the beginning:

They are 'ready now'
They have continuing access to CMi’s board mentors during the first year of their term on your board
They will have a thorough overview of your industry upon appointment
 

During the selection process you can obtain qualitative assessments regarding their behavioural competences and boardroom style directly from their board mentors.

In summary, CMi offers a new and unique source of well qualified independent directors. The research, screening and preparation conducted by CMi enables you to secure the best individuals who can add value to your board, increase its diversity and enhance its performance.