Which of the following is not a strategic duty of the nominating and governance committee?

The answer is clearly aligned with the defined responsibilities of a nominating and governance committee. The strategic duties of this committee generally include overseeing the nomination process for board members, ensuring process transparency, and fostering board effectiveness and diversity. Evaluating board performance regularly and creating board diversity initiatives are instrumental in promoting optimal governance practices and aligning with the organization’s strategic goals.

In contrast, neglecting the succession process for the CEO would directly contradict the role of the committee. A fundamental aspect of effective governance involves planning for leadership continuity and ensuring that the organization has a clear strategy for succession, especially for vital roles like the CEO. Ignoring such a process could lead to instability in leadership and undermine the board’s effectiveness. Therefore, this lack of attention to succession planning distinguishes it from the other functions, which are integral to the committee’s purpose and strategic focus.