News and Articles

Optimize the Value of Your Company's First Independent Directors

Outside board members benefit from proper onboarding, thorough information-sharing and a comprehensive defining of roles.

The Boardroom’s Most Important Skills

Successful directors need to combine specific technical skills with general leadership chops.

Ownership Disputes and Closely Held Corporations

Disagreements between shareholders may not be governed by fiduciary duties but could be covered by insurance.

Age Is Just a Number

One's birthdate does not determine whether they possess the skills to help a company succeed.

Director Independence and Board Process Improvements

What should boards focus on to help them get better at oversight?

Outside Perspectives Create Lasting Success

Despite initial doubts, Field Fastener created a fiduciary board. The company quickly reaped the benefits.

Meet the Director: Rhonda Mims

Rhonda Mims

Good CEO/Board Communication Begins with Trust

But when communicating with executives, make sure to listen and provide value.

Private Company Board Effectiveness Assessment

Know the items to assess and the best processes for determining their efficacy.

Make Innovation a Priority for Your Board

Twelve factors that can help boards think differently about diversity, strategic planning, succession and more.

Our Board Evolution: The board supported the family through the loss of their leader.

Like most family businesses, Hussey Seating had a long history of family members serving as our CEO and board chair. That all changed in the spring of 2016, when my cousin, Timothy — our sixth-generation CEO, chair of the board and leader of the family — passed at age 59 after a two-year battle with cancer. We were faced with losing the key person who ran the business, the board and the family.