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Board Committee Interactive
02MayJunCover

Cover Story

20

In the Audit Committee Hot Seat

After Enron, directors everywhere - particulary members of the audit committee - are squarely in the crosshairs of shareholder wrath. Some may not run for reelection, and the search for replacements will be tough. But most seem to be hanging in. Meet 232 of them.

May/June 2002

Features

54
Why and When I'd Serve on Another Audit Committee
Betsy Atkins, a member of the audit committee at Lucent Technologies, says she’s up for another such assignment—if she gets the right answers to certain questions.


58
Next on the Grill: Compensation Committees
Sure, your co-directors on the audit committee have it tough. Butshareholders are also taking aim at the board members who overseeexecutive compensation.


62
The Web Evolves–And Why You Should Care
The next generation of Internet technology promises all kinds of new,expensive ways to do business. Sound familiar? Here’s how to get itright this time.



68
Buybacks Make a Comeback
Since September 11, hundreds of companies have started repurchasingtheir stock to boost its price. This strategy can work, but don’texpect a quick fix.


72
Butch Cassidy and the Chevron Kit Want Your Money
Actor Paul Newman and former Chevron top gun Ken Derr say corporateAmerica should hand over more of its profits to charity, even whentimes are tough. Newman says it’s right. They both say it pays.
Plus: Top Executives Who've Joined the Posse