A corporate governance committee said the current chummy board had not taken a Federal investigation seriously enough.
The Governance Committee will also draft a code of conduct for board members.
He soon emerged as one of the major party leaders, ascending to its Governance Committee in 1933.
Overton also serves on the governance committee of Common Cause.
The effectiveness of the committee structure is dependent upon the people that populate the various governance committees.
But now shelved are shareholder rights issues at two companies planned for examination by the society's corporate governance committee.
The recommendations were presented in a report by a corporate governance committee formed at the last annual meeting in October.
Recommendations for such a change were presented in a report by a corporate governance committee formed at the last annual meeting in October.
The law, if approved, would allow companies to set up a separate corporate governance committee in addition to the existing audit committee.
He said it would appoint a governance committee to examine how it approaches financial matters in the future.