Private Company Director

Mastering the Board CEO Relationship

 

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As part of the recent Private Company Governance Summit 2023 in
Black directors have formed an organization focusing on healthcare inequities in Black communities.
Eight private company boards will be honored at the 2023 Private Company Governance Summit.
Independent board directors offer experience, perspective and knowledge during a challenging economy.
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.
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!

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.


Capitol Hill Visits at Private Company Governance Summit 2023

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As part of the recent Private Company Governance Summit 2023 in Washington, D.C., attendees had an opportunity to meet with congressional representatives or their staff to discuss matters of interest to family business owners. The Capitol visits were led by Pat Soldano, president of Family Enterprise USA, an organization that advocates for family business owners. The day also included a meeting with Rep.


Directors Record

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