More corporate boards bring in CIOs
Your board of directors may not be thinking about bringing you into the fold anytime soon, but they may be considering making another CIO a director. More companies are adding CIOs to their boards, reports Kim S. Nash at CIO magazine.
Watch manufacturer Fossil recently added ex-J.C. Penney CIO Tom Nealon to its board, Nash reports. Nealon has also served on the board of Southwest Airlines. Earlier this year, Thermo Fisher Scientific added the CIO of The Cleveland Clinic, C. Martin Harris, to its board. FedEx CIO Rob Carter has served on the boards of First Horizon National and Saks. Retired Campbell Soup CIO Doreen Wright was added to the board of clogs maker Crocs not long ago.
More healthcare companies are recognizing the benefit of having IT leaders in the highest echelons of decision-making as well. When boards are charged with making decisions about strategic initiatives and purchases, they need someone who really understands IT, said Linda Hodges, chief of the IT practice at recruiting firm Witt/Kieffer. As IT becomes increasingly integral to products and services in almost all industries, boards need greater technology expertise to help understand risks and determine the direction a company should move in.
- see Kim S. Nash's article at CIO