Private Company Director


News and Articles

When interviewing board candidates who have served in the military, be aware of potential biases and know the right questions to ask. 
Directors should be involved in both the development and the implementation of incentive plans for their companies. 
Beware not only of “hallucinations,” but inadvertent disclosure of proprietary info and copyright protection as well.
Private company boards must work to solidify their operations around sustainability.
Plus, valuable insights on climate change, board culture and more.
Private companies that do business with public ones must pay close attention to the SEC’s ESG enforcement agenda.
Owners may not like talking about their exit, but by helping them do so, boards can ensure the long-term health of their businesses. 
Key steps toward evaluating your organization for public company status in 2023 and beyond.
Plus, why trust is so important at a time when digital opportunities are rapidly evolving.
While employee and executive wages grow, director pay remains flat, but with a rise on the horizon.

Private Companies Earn the Public’s Trust

In the summer of 2020, Gallup polled Americans on their confidence in U.S. institutions and, unsurprisingly, the poll showed Americans lacked confidence in almost every one. Just 13% of those polled had a “great deal of confidence” or “quite a lot of confidence” in Congress, 40% in the Supreme Court, 18% in television news, 24% in newspapers and 32% in large technology companies.

The World Keeps Turning

I wonder how long we are going to refer to our present as “unprecedented” or “life-changing.”

Yes, those descriptions feel accurate, but what happens with the dust settles? How can we put the lessons we’ve learned into practice?

I think we already knew one of those lessons, even if many of us hadn’t had to face it for a while. Life is unpredictable. Everything can — and sometimes does — change on a dime.

Niron Magnetics

Submitted by pcd@dmin on Fri, 04/16/2021 - 14:19

Niron Magnetics manufactures the world's first rare-earth free, high performance magnets. The growth in electric vehicle (EV) amotor and wind turbine production are key demand drivers for magnets. Such applications are typically reliant solely on rare earth permanent magnets, which carry supply risks and are environmentally damaging.

GrammaTech Inc.

Submitted by pcd@dmin on Thu, 04/15/2021 - 15:31

GrammaTech is a global provideer of application testing (AST) solutions used by organizations to detect, measure, analyze and resolve vulnerabilities for software they develop or use. They are also a cybersecurity and artificial intelligence research partner for the nation's civil, defense, and intelligence agencies.

Dremio Corporation

Submitted by pcd@dmin on Thu, 04/15/2021 - 14:26

Dremio makes cloud data warehouses obsolete, bring data warehouse funcionality to cloud data lakes through direct queries for high performing dashboards and analytics. They reimagine the data lake service to deliver faster time to analytics, eliminating the need for expensive proprietary systems.

Directors Record