Private Company Directors




News and Articles

As the market is heating up for attracting and retaining diverse and talented directors, private companies are reviewing th
The pressure on companies to enact ESG (environmental, social and governance) plans has come from all sides: investors, sta
After an arduous 2020, many boards have been able to turn their focus from crisis management to recovery.
A 15-month shakeup changed the rules of engagement.
For publicly traded companies, the board’s primary responsibility is often defined as the hiring and firing of the CEO.
Meghan Juday was appointed chairman of IDEAL Industries in February 2020.
MacLean-Fogg has annual revenues of more than $1 billion and a professional, majority independent fiduciary board, but ther
Strong corporate governance can steady any company, whether a 160-year-old agribusiness or a 16-year-old bank.

The Evolving Role of the Private Company Board

May 10-12, 2017 Swissotel, Chicago

The governance conference for directors, owners, and advisors of family-owned, closely held and private equity-owned businesses of all sizes.

 

 

 

Featured Speakers

Register Today!

 

 

 

 

Standard Registration Rates

Private company owners, shareholders, managers and investors, and public and private company board members:

  • $1,895 First attendee
  • $1,395 Additional attendees from the same company/board

Past attendees of the Private Company Governance Summit or the Transitions Conferences qualify for an additional discount on their registration fees:

  • $1,705.50 First Attendee
  • $1,255.50 Additional attendees from the same company/board

All other attendees: advisers, consultants, others allied to the field:

  • $2,350 Each attendee

Cancellation Policy: All conference cancellations must be made in writing and emailed to Justine Wood, PCGS Events Director, at jwood@familybusinessmagazine.com. Registrants who cancel more than four weeks prior to the program date are entitled to a full refund of the registration fee less an administrative fee of $150 per registrant; if canceled within four weeks, but more than 10 business days prior to the conference date, 50% of the conference registration fee will be refunded less an administrative fee of $150 per registrant; within ten business days of the conference date and no shows, no refund is possible. PCGS may cancel the program if attendance does not meet required levels; in case of cancellation or rescheduling, full refunds of registration fees will be made. Travel fares and hotel deposits cannot be reimbursed.

Wednesday May 10, 2017

 
3-8 PM  Registration Open
 
4-5:15 PM  Preconference Session 
Lessons on Starting and Building the Private Company Board
 
Where do you start?  A special session for owners/shareholders of privately-owned companies who are at the early stages of designing, launching or building a fiduciary or advisory board.  The focus will be on best practices, the role of independent directors, and will feature case studies from companies that have exhibited best practices in private company governance--how they got started, how they evolved and where they are today.
 
Speakers:  Rajan Sheth, CEO and Chairman of the Board, Mead & Hunt Companies, Inc.; Kenneth Gorman, Senior Vice President, Power Construction Company and Chairman/CEO, Power Wellness Management LLC; Drew Everett, Chairman of the Board, Bush Brothers & Company
Moderator:  Jennifer Pendergast, Senior Consultant, The Family Business Consulting Group
 
5:15-5:45 PM Networking Break
 
5:45-7:00 PM Opening Session
Getting the Composition of the Board Right
 
Who should be asked to serve on your board?  Do you currently have the right mix of directors?  How do you calibrate the board to best serve a family or closely-held business, while earning buy-in from family members and shareholders?  This session will look at evaluating and expanding the skillsets and brainpower that directors bring to the private board, building collegiality without group-think, and the value that diversity (whether age, gender or ethnic) can bring.
 
Speakers:  Michael R. Kiolbassa, President, Kiolbassa Provision Company, Inc.; Cindy Burrell, President, Diversity in Boardrooms; David W. Juday, Director, retired Chairman, IDEAL Industries Inc.
Moderator:  Dottie Schindlinger, Vice President and Governance Technology Analyst, Diligent
 
 
7:00-9:00 PM  Networking Reception and Buffet Dinner

 

Thursday May 11, 2017

 
7:30-8:30 AM Breakfast
 
8:30-8:45  AM Conference Introduction
Speaker:  Deborah DeHaas, Vice Chairman, Chief Inclusion Officer, and National Managing Partner, Center for Board Effectiveness, Deloitte LLP
 
8:45-9:15 AM Keynote Interview
Speaker: Dennis Chookaszian, Retired Chairman and CEO, CNA Insurance Companies
Interviewed by D. Roger Nanney, Vice Chairman; National Leader, Deloitte Growth Enterprise Services, Deloitte LLP
 
 
9:15-9:30 AM Networking Break
 
9:30-10:30 AM Session
The Board’s Role in CEO Succession and Talent Oversight
 
In public companies, the board’s principal role is often to hire and fire the CEO.  In family-owned and closely-held companies, a board can take the emotion and potential negative dynamics out of internal succession for the CEO or other senior roles, and help shareholders make collegial decisions on leadership change, whether within or outside the family.  This session will also focus on the board’s role in general talent oversight and development within the company, and its impact on family employment policies and procedures.
 
Speakers:  Milton Pinsky, CEO, Banner Apartments LLC; Charles E. Shepard, Director, Menasha Corporation; Margaret Pederson, Vice Chair, Xamax Industries, Director, Viad Corp.
Moderator:  Damien Dwin, Co-CEO and Co-Founder, Brightwood Capital Advisors
 
10:30-11:00 AM Networking Break 
 
11:00 AM-12:00 PM Session
Funding Growth and Shareholder Liquidity
 
A key challenge for family-owned and closely-held companies is managing cash flow to fund both growth and adequate shareholder return.  The board can play a major role in helping the company think through its options--Private Equity, venture capital, other funding, or even an IPO.  This session will look at options that include maintaining control of the business.

Speaker:  Venita E. Fields, Partner, Pelham S2K Managers, LLC, Director, Derry Enterprises, Inc.; David Chandler, Managing Partner, Chicago Growth Partners; John Gilligan, Managing Director, BDT Capital Partners LLC.
Moderator:  Sean Kramer, Partner, Kirkland & Ellis
 
12:00-12:15 PM Networking Break
 
12:15-1:30 PM Lunch and Keynote Conversation
Speaker: Cheryl Mayberry McKissack, Chief Executive Officer, Nia Enterprises, LLC; Director, PrivateBanc Corp,, Deluxe Corporation
Interviewed by Eve Tahmincioglu, Executive Editor and Digital Director, Directors & Boards Magazine
 
1:30-3:00 PM Expert Briefings  (Repeated Twice)
 
• The Board's Role in Exponential Change, Innovation and Disruption: Tom Nassim, Senior Manager, Deloitte Consulting LLP
Private Board Basics--From No Board to a Board:  Jim McHugh, Director, Southworth International Group, Inc., Kennebec Technologies Inc. 
Family Enterprise Governance: Sara Hamilton, Founder, Family Office Exchange
Cybersecurity and the Board: Simone Petrella, Chief Cyberstrategy Officer, CyberVista
The Dynamics of Family Members on the Board: Doug Baumoel, Founding Partner, Continuity LLC
 
3:00-3:15 PM Networking Break
 
3:15-3:45 PM Workshop
How to Interview a Potential Director
 
A live interview with a potential director, designed to show best practices in getting the right information to make a decision.
Interviewer:  Dale Jones, President and CEO, Diversified Search
Interviewee:  Jim McHugh, Director, Southworth International Group, Inc., Kennebec Technologies Inc. 
 
3:45-4:45 PM Session
Risk Management and The New Volatility:  the Board’s Contribution
 
Balancing risk and reward requires a sophisticated view of what the board can do to help a company’s management and ownership navigate volatile times—with new laws, regulatory rollback, trade rules, and tax structures either here or coming.  This session will also look at the board’s role in cybersecurity, disaster planning, and corporate social responsibility.  
 
Speaker:  Joanna Peters, Founding Principal, StratConGlobal; Dennis Kessler, Director, SWANK Motion Pictures, O’Neil Industries and QuesTek Innovations; Adela Cepeda, Managing Director, PFM Financial Advisors LLC; Director, UBS Funds, Mercer Mutual Funds, BMO Financial Corp.
Moderator:  Simone Petrella, Chief Cyberstrategy Officer, CyberVista
 
6:00-9:00 PM  Group Dinner and Private Company Board of the Year Award
 
The Signature Room at the 95th, John Hancock Tower
 

Friday May 12, 2017

 
8:00-9:00 AM Breakfast
 
9:00-9:45 AM  Keynote Interview
Speaker: Andrew J. McKenna, Chairman Emeritus, Schwarz Supply Source and McDonald's Corporation
Interviewed by David Shaw, Editor and Publishing Director, Private Company Director Magazine
 
9:45-10:30 AM  Workshop
Improving the Board
 
You have a board—make sure it’s the best it can be for the business and shareholders it serves. This workshop session will address ways in which family-owned and closely-held companies have improved their existing boards, whether through changes in board membership, better board preparation and processes, development of committees, and more.
 
Session Leader:  Maureen Bujno, Managing Director, Center for Board Effectiveness, Deloitte LLP
 
10:30-10:45 AM Networking Break
 
10:45-11:45 AM Session
Board Compensation:  What and how much?
 
The biggest question on the minds of most owners and shareholders is: What do we pay directors?  While there remains no national benchmark for director compensation (as there is with the filings of public companies), this session will bring together new data from Directors & Boards Magazine and other sources, to provide guidance for companies and directors on cash and non-cash compensation programs for internal and independent directors.
 
Speaker:  Paul C. Darley, Chairman, CEO and President, W.S. Darley & Co.; Gail Lione, Senior Counsel, Dentons; Director, Badger Meter, Sargento Foods, F. Dohmen Company
 
Moderator:  Daniel Moynihan, Partner, Korn Ferry Hay Group
 
 
11:45 AM  Conference Summary and Close
 

About Conference

Directors & Boards, Family Business Magazine and Private Company Director invite owners, shareholders and board members of privately-held companies to the Private Company Governance Summit 2017, May 10-12, 2017 at the Swissotel, Chicago, IL.. The Private Company Governance Summit, now in its fifth year, is the only national conference focused exclusively on the unique governance challenges of privately-owned businesses, including closely-held companies, family-owned companies and private equity-owned companies. Session topics include: * Getting Board Composition Right * The Board's Role in CEO Succession and Talent Oversight * Board Compensation: What and How Much? * CyInterviewing Potential Directors * Risk Management and the New Volatility * Funding Growth and Shareholder Liquidity Featuring: * Panel discussions with serving directors sharing real-world experiences * Expert Briefings on: o Dealing with Related Party Transactions/Conflicts of Interest o Private Board Basics--From No Board to a Board o The Family Council/Family Governance Interface o Onboarding Independent Non-Family Directors o Dealing with Non-Performing Directors o Cybersecurity and the Board o The Dynamics of Family Members on the Board o Private Board Committees * Maximum value for your time * Intimate environment for networking and benchmarking * Collaborative discussion sessions on important private company governance issues

Confirmed Speakers

Register Today!

 

 

 

 

Standard Registration Rates

Private company owners, shareholders, managers and investors, and public and private company board members:

  • $1,895 First attendee
  • $1,395 Additional attendees from the same company/board

Past attendees of the Private Company Governance Summit or the Transitions Conferences qualify for an additional discount on their registration fees:

  • $1,705.50 First Attendee
  • $1,255.50 Additional attendees from the same company/board

All other attendees: advisers, consultants, others allied to the field:

  • $2,350 Each attendee

Cancellation Policy: All conference cancellations must be made in writing and emailed to Justine Wood, PCGS Events Director, at jwood@familybusinessmagazine.com. Registrants who cancel more than four weeks prior to the program date are entitled to a full refund of the registration fee less an administrative fee of $150 per registrant; if canceled within four weeks, but more than 10 business days prior to the conference date, 50% of the conference registration fee will be refunded less an administrative fee of $150 per registrant; within ten business days of the conference date and no shows, no refund is possible. PCGS may cancel the program if attendance does not meet required levels; in case of cancellation or rescheduling, full refunds of registration fees will be made. Travel fares and hotel deposits cannot be reimbursed.

Directors and Boards
Private Company Director
Family Business Magazine

Building The High Performing Private Company Board

The governance conference for directors, owners, and advisors of family-owned, closely-held and private-equity owned businesses of all sizes.

 

Session topics include:

  • The Board’s Role in a Crisis
  • Dealing with Conflicts of Interest on Private Company Boards
  • How to Interview Director Candidates
  • Cybersecurity and the Private Board
  • Preparing for the Board Meeting
  • Private Company Capitalization, Liquidity and Shareholder Return

Expert briefings on:

  • The IPO/M&A-ready Board
  • Onboarding independent/non-family directors
  • Board liability and risk
  • Board strategy
  • Board diversity
  • The dynamics of family members on the board
  • Private board committees
  • Director and board evaluations
  • The board’s role in talent oversight and development

 

Download the conference brochure here.

Special Pre-Conference Session

Starting and Building the Private Company Board

(Complimentary add-on session for those attending the full conference.)

What Attendees Say About The Private Company Governance Summit

“Excellent conference—the best! Quality and valuable content, excellent networking. Everyone was engaged and engaging.”

“Loved the focus on private versus public company issues.  It is often hard to benchmark in this area—but here, you could talk directly with those similarly situated.

“The conference completely changed my view on how a board is conducted and run.”

“The quality of the attendees is extraordinary, and the tempo and content of the sessions allows time to think, engage and connect.”

“This conference may be the best thing I’ve done all year!”

“Top notch. Organized, great content, well managed.”

“A unique place to get a lot of good information and be exposed to new ideas. I left inspired and curious about bringing some ideas back to our board.”

“Outstanding value for time invested. Fantastic speakers, so well qualified. I’m so impressed that these experts are willing to share and give back, and pay it forward. This has been one of the best conferences I have ever attended. Contacts, networking and resources, all here in a day and a half. Wow!”

“This conference provides a wonderful buffet of ideas. Some fit, some don’t, but the ones that fit are gems.”

 

Featured Speakers

The High Performing Private Company Board

Wednesday May 11, 2016

3-8 pm Registration Open

4-5:15 PM Preconference Session: Starting and Building the Private Company Board

Where do you start? A special session for owners/shareholders of privately-owned companies who are at the early stages of designing, launching or building a fiduciary or advisory board. The focus will be on best practices, the role of independent directors, and will feature case studies from companies that have recently launched their boards.

Speakers:  Larry Siff, CEO, Neptune Advisors, Director, Kayem Foods Inc., Mason Companies Inc.Steven R. Walker, General Counsel, Secretary, and Director of Board Advisory Services, National Association of Corporate Directors, Director, Objective Interface Systems, ContractRoomPascal Levensohn, Director, C. Mondavi & Family, Inc.; Chairman, ShotSpotter Inc., Mixed Dimensions 3D, Cure Network Dolby Acceleration Partners LLC

Moderator:  Barbara Spector, Editor, Family Business Magazine

5:45-7:00 PM Opening Session: The Board’s Role in a Crisis

While publicly owned companies in crisis dominate the news cycle, privately owned companies also face crises—cyber attacks, product recalls, public relations disasters and more. This session will focus on the board and its role in crisis communications and actions for the privately held company—establishing a crisis plan, communicating with shareholders, employees, community and customers, and overseeing the company’s path to putting the crisis behind before permanent damage is done.

Speakers:  Howard Brod Brownstein, President, Brownstein Corporation; Director, P&F Industries; Daniel Korschun, Associate Professor of Marketing and fellow, Center for Corporate Governance, Drexel University; Mary E. Landry, Director, The United Services Automobile Association, Rear Admiral (ret), United States Coast Guard; Challis Lowe, Director, Seaway Bank & Trust

Moderator:  Davia Temin, President and CEO, Temin and Company

7:00-9:00 PM Networking Reception and Buffet Dinner

Thursday May 12, 2016

7:30-8:30 AM Breakfast

8:30-8:45 AM Conference Introduction

Deborah L. DeHaas, Vice Chairman, Chief Inclusion Officer, and National Managing Partner of the Center for Corporate Governance, Deloitte LLP

8:45-9:15 AM Keynote Address

Peter Mondavi, Jr., Co-Proprietor, Charles Krug Winery

9:15-9:30 AM Networking Break

9:30-10:45 AM Panel: Dealing with Conflicts of Interest on Private Company Boards

Private company boards have many opportunities to create conflicts of interest—family members on the board, favored attorneys or consultants, and more. This session will focus on how to create a clear distinction between a board member’s role on the board and other roles they may play within or for the company, and how private boards define and use truly independent directors.

Speakers: Grant Lundberg,  ​CEO, Lundberg Family Farms; Jim McHugh, Director, Southworth International Group Inc. and Kennebec Technologies Inc.; Ernest M. (Bud) Miller, Jr., ​Director, A. Duda & Sons, DKH, Incorporated, D&K Insurance Agency, ECI, Inc.

Moderator: Stephanie Brun de Pontet, PhD, Senior Consultant, The Family Business Consulting Group

10:45-11:15 AM Networking Break

11:15-12:15 PM Panel: Preparing for the Board Meeting

How do you ensure that the board meeting provides maximum value to the private company’s ownership, management and board members? It’s all in the preparation. This session will look at the best practices of high performing private boards, from pre-meeting materials, the board meeting agenda and binder, and effective follow through after the board meeting. Attendees will be encouraged to submit their own board meeting materials for (anonymous) review by a panel of serving directors and board chairs.

Speakers: Anne Eiting Klamar, M.D.,  Chairperson, Midmark Corporation; Eileen C. McDonnell, Chairman and Chief Executive Officer, Penn Mutual; Dennis Chookaszian, Retired Chairman and CEO, CNA Insurance Companies.

Moderator:  Ray Judge, Regional Sales Director, Diligent

12:15-12:45 PM Networking Break

12:45-2:15 PM Lunch and Keynote Conversaton

Speakers:  Julia H. Klein, Chairwoman and CEO, C.H. Briggs Co.; Jayne Millard, CEO, Turtle & Hughes, Inc., Kathryn Swintek, Director, Turtle & Hughes, Inc.

2:15-3:45 PM Expert Briefings

40 minutes sessions; repeats twice

  • The IPO/M&A-ready Board:  Bob Lamm, Independent Senior Advisor, Deloitte's Center for Corporate Governance
  • Onboarding independent/non-family directors:  Jim McHugh, Director, Southworth International Group Inc. and Kennebec Technologies Inc.
  • Board strategy:  Allan Grafman, CEO of All Media Ventures, Director, Blue Socks Media
  • The board's role in corporate culture:  Alyson Daichendt, Director, Deloitte Consulting LLP
  • The dynamics of family members on the board:  Deborah Hicks Midanek, CEO & Chairman, Solon Group, Inc., Advisory Board Member, The Biltmore Company, Independent Director Representative, Richcourt Funds
  • Private board committees:  Margaret Pederson, President, Amirexx, Director, Viad, Xamax Industries and TextureMedia
  • Director and board evaluations:  Wayne Yetter, Director, InfuSystem Holdings, Inc. (INFU), Special Diversified Opportunities Inc. (SDOI), and MTG Biotherapeutics, Inc. and Robert Rosone, Director, Deloitte LLP
  • The board’s role in talent oversight and development: Lowell W. Robinson, Director, EVINE Live, Higher One, Support.com and The Smithsonian Libraries

3:45-4:00 PM  Networking Break

4:00-4:30 PM Case Study: Cyber Security and the Private Board

In a world where hackers—either on their own, or sponsored by foreign governments—can bring a company to its knees, the private company board needs to be prepared to deal with cyber attacks, and cyber security breaches. This case study will focus on preparing a cyber plan, and on executing that plan in the event of a cyber attack.

Session leader:  Simone Petrella, Chief Cybersecurity Officer, CyberVista

4:30-5:00 PM Recruiting Directors for the Private Board

Building an effective private company board can depend on the “fit” of prospective directors, in addition to their skillsets, talents and experiences.  This session will focus on what to look for in recruiting directors, from the discovery process, to interviewing and securing commitment.

Speaker:  Barbara Hackman Franklin, Director, Aetna Inc.; Former U.S. Secretary of Commerce

Moderator:  Mark Rogers, CEO, Board Prospects

6-9 PM Group Dinner and Private Company Boards of the Year Award

National Press Club, Washington, D.C.

Friday May 13, 2016

8:00-9:00 AM Breakfast

9:00-9:45 AM Keynote Interview

Admiral Bobby R. Inman, USN (Ret.), Managing Director, Genfor Ventures and Limestone Capital Advisors

Interviewed by Dennis Cagan, Director, Acorn Technologies, HeartStories, Prista Corp, Pratter, Inc.

9:45-11:00 AM Panel Private Company Capitalization, Liquidity and Shareholder Return

One of the most pressing issues facing a private company is capitalization and liquidity, and the ability to fund both growth and shareholder dividends. How do you raise money without losing control? This session will focus on where and how the board can assist the company in generating alternative capitalization strategies, including ESOPs, and raise capital for growth, M&A and shareholder liquidity.

Speakers:  Mary Tanner, Senior Managing Director, Evolution Life Science Partners; Ken Baker, CEO, New Age Industries; Gerry Czarnecki, Director, State Farm Insurance, MAM Software Group, Inc.

11:00 AM Conference Summary and Close

About Conference

Confirmed Speakers

Register Today!

Directors and Boards
Private Company Director
Family Business Magazine

Reserve your seat at the governance conference for directors, owners, and advisors of family-owned, closely-held and private-equity owned businesses of all sizes.

Session topics include:

  • How private and family CEOs work with their boards
  • The private board’s role in company strategy
  • Refreshing the board
  • Onboarding the new director
  • Private company governance in the real world
  • Case studies and solutions for difficult board situations

Facilitated peer discussions on:

  • Board evaluations
  • CEO mentoring and evaluation
  • Role of the chairman/lead director
  • Starting a board
  • Increasing shareholder communications and satisfaction
  • Director liability
  • Private board committees

Review the full conference program here.

Download the conference brochure here.

Special Pre-Conference Session

Private and Family Company Governance Basics (Complimentary add-on session for those attending the full conference.)

What Attendees Say About The Private Company Governance Summit

€œExcellent conference-€”the best! Quality and valuable content, excellent networking. Everyone was engaged and engaging.
€œTop notch. Organized, great content, well managed.
€œA unique place to get a lot of good information and be exposed to new ideas. I left inspired and curious about bringing some ideas back to our board.
€œOutstanding value for time invested. Fantastic speakers, so well qualified. I'm so impressed that these experts are willing to share and give back, and pay it forward. This has been one of the best conferences I have ever attended. Contacts, networking and resources, all here in a day and a half. Wow!
€œIt is a wonderful buffet of ideas. Some fit, some don't, but the ones that fit are gems.

 

Featured Speakers

About Conference

Confirmed Speakers

Register Today!

Directors and Boards
Private Company Director
Family Business Magazine

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