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Audit committees oversee corporate accounting practices and compensation committees rule on issues of executive pay.
This has enabled him to break with the party's hawkish tilt on a number of substantive questions, from the Libya and Syria debates to issues of executive power to the question of whether containment should be an option for dealing with Iran, without coming in for anything like the attacks that greeted Hagel's nomination.
When the media did focus on the reforms, it was strictly on sideshow issues of executive pay and consumer protection.
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But the issue of executive pay continues to prove toxic.
Once again this year, the issue of executive pay is high in the public conciousness.
The issue of executive and director liability is likely to be closely watched.
And yet the issue of executive authority scarcely reared its head in the presidential campaign.
The issue of executive pay and bonuses has dogged the BBC for the past few years.
The political parties have jumped on the issue of executive pay as a potential vote-winner.
The big institutional shareholders have stayed particularly distant from the issue of executive compensation.
Mr. Bos first took up the issue of executive pay at the European level in early 2007.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com