Boy, do I wholly disagree with that statement.  Here are some pretty reputable companies:

IBM - http://www.ibm.com/ibm/ginni/
Microsoft - http://www.microsoft.com/en-us/news/exec/slt.aspx
Ford - http://corporate.ford.com/our-company/governance-hub/board-of-directors-801p

Virtually EVERY reputable company gives out details.  Obviously, it is your choice whether to follow these kinds of examples.