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.
James Mitchell Jr.
Fora Financial, Aegion Corporation
A new Deloitte report sees directors increasingly focused on workplace issues and climate change.
Some of directors’ most impactful time is spent in interim meetings, one-off calls and dinners
A successful onboarding of the chief executive depends on communication, shareholder relationships and effective coaching.
The CEO search committee’s work is done. You found the right new CEO for your company. But is your entire board ready for the serious work that begins now?
Have they considered:
This most important governance relationship is more complex for a private company.
Sometimes the easiest way to divine top boardroom concerns is to read the financial news. Or you can always ask your directors!
The process of letting the chief executive go is made easier when the directors keep the best interest of the company in mind.
To find a chief executive who is the perfect match for your company, you must start with a comprehensive pool of candidates, and a list of the right questions to ask them.
An ideal dynamic between directors and executive leadership requires frank evaluation and overcoming obstacles to success.
