Sample Technology Committee Charter

Clear scope, roles, responsibilities, and authority for technology committees should be outlined, recommended to the full board by the nominating and governance committee, and agreed upon by the full board.

Commissioners stressed that the technology committee charter should include a responsibility for capturing external and forward-looking perspectives to help the firm stay ahead. As one Commissioner warned, “If you don’t explicitly plan to stay ahead, you will fall behind.”

Review this sample charter as a reference point for creating a technology committee for your board.