Barbara Anne Murphy and Lauren A. Iacocca

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Barbara Anne Murphy is chair of Farella Braun + Martel LLP’s Exempt Organizations practice and a partner in the Family Wealth Group, and Lauren A. Iacocca is an associate in both groups. They can be reached at bmurphy@fbm.com and liacocca@fbm.com.

What You Need to Know Before Accepting a Position as a...

You've been asked to serve on the board of a nonprofit organization. Should you accept? Membership on a nonprofit board is a rewarding experience for many CEOs whose skills and experience running a company make them especially valuable to the organizations they serve. CEOs should, however, conduct due diligence regarding the organization and understand the duties of board membership prior to accepting a board seat.
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