GREENSBORO – Nasdaq is growing its own governance solutions for businesses by acquiring a familiar partner – Greensboro-based Center for Board Excellence.
CBE, which is privately held, provides corporate goverance and compliance solutions. It launched in 2010.
Nasdaq’s Goverance Solutions has worked with CBE in the past.
“CBE will allow Nasdaq to expand our reach within the boardroom, where we serve as a strategic governance partner to the thousands of directors, leadership teams, and governance professionals who rely on Nasdaq’s technology and insights to elevate their governance,” said Michael Bartels, president of Nasdaq Governance Solutions. “With CBE, our enhanced offering will help streamline collaboration and the assessment process at public, private, and nonprofit companies that seek corporate governance excellence.”
Financial terms were not disclosed.
