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.

Balancing Business and Family: MacLean-Fogg’s board dynamics include both the professional and the personal.

MacLean-Fogg has annual revenues of more than $1 billion and a professional, majority independent fiduciary board, but there are still governance moments that are genuinely personal. That’s when the owners and the board strike a balance so both can be successful.


Our Board Evolution: Building the Board and Management of the Future

In 2009, foreseeing difficult economic times, the leadership of Ulteig decided that independent experience on the board would help the company navigate the future. For the first time, independent directors were brought onto the board of the employee-owned engineering consulting company that has 13 offices across the country.


When Is an Advisory Board the Best Fit?

Is your organization thinking about forming a board for the first time? As a potential board candidate, are you considering whether to join an advisory board or a “real” (fiduciary) board? Having served on both types, I have come to appreciate that choosing the board type is really an issue of situational needs and best fit from both a company and a candidate perspective.


Thrivent

Submitted by bwenger on Mon, 10/04/2021 - 13:12

Thrivent is a diversified financial services organization that offers advice, insurance, investments, banking and generosity products and programs. It is a Fortune 500 company serving more than 2.3 million clients. 

Business Disruption and the Effective Private and Family Company Board

How can private and family businesses build an engaged and effective board of directors to copilot through today’s turbulence?

Learn from experienced directors, business owners, investors and experts whose insights can help you improve the effectiveness of your board.

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

 

Featured Speakers

Register Today!

 
Standard Pricing
 
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

 

 

Wednesday, May 16

4-5 p.m. Session

Starting and Building the Private Company Board

This session spotlights speakers from private companies whose boards bolstered their success. They will describe practical steps they took to build their boards and how they managed the transition from a family/insider board to a professional board. Learn the nuts and bolts of their board journeys, including:

  • what board structures they choose (advisory or fiduciary, fully or partially independent);

  • how they find and compensate directors; 

  • lessons they learned and how they adjusted to create high-functioning, strategic boards.

Speakers: David W. Henderson, President and CEO, Samaritan Medical Center; Roger Koch, Principal and Co-Chairman, Koch Development Company; Jon Peterson, CEO, The Peterson Companies

Moderator: Rob Sligh, Affiliate Consultant, The Family Business Consulting Group

 

​5:30-6:30 p.m. Opening Session

Board Dynamics in Private Company Governance

This session offers practical advice on how to build collegiality and effectiveness without “yes men” or disengaged directors. Topics to be addressed include encouaging candor in board discussions, teaching directors about your company history and the dynamics of your ownership group, and managing your board effectively.

Speakers: Julia Klein, Chair and CEO, C.H. Briggs Co., Director, Eastern States Group; Robert E. Chappell, Former Chairman and CEO, Penn Mutual; Director, Quaker Chemical, The South Chester Tube Company, CSS Industries; Chris Herschend, Vice Chairman, Herschend Entertainment

Moderator: Dottie Schindlinger, Vice President and Governance Technology Evangelist, Diligent Corporation

 

6:30-7:15 p.m.  Keynote Interview

"Lessons from Government Service and Private Company Board Membership"

Speaker: Eric L. Motley, Executive Vice President, The Aspen Institute; Board Member, Barry-Wehmiller Companies 

Interviewed by: Eve Tahmincioglu, Executive Editor and Digital Director, Directors & Boards magazine

 

7:15-9 p.m. Networking Reception and Dinner

 

Thursday, May 17

7:30-8:30 a.m. Breakfast

 

8:30-8:45 a.m. Conference Introduction

"Business Disruption Shaping Private Company Governance" 

Speaker: Deborah DeHaas, Vice Chairman and National Managing Partner, Center for Board Effectiveness, Deloitte LLP

 

8:45-9:15 a.m. Keynote Interview

"Succession Strategies and the Governance of a 102-Year-Old Business"

Speakers: Craig J. Duchossois, Chairman and CEO, the Duchossois Group; Ashley D. Joyce, President, the Duchossois Foundation

Interviewed by: D. Roger Nanney, Vice Chairman, Deloitte LLP, National Leader, Deloitte Growth Enterprise Services

 

9:15-9:30 a.m. Networking Break

 

9:30-10:30 a.m. Session

Best Practices in Private Company Governance

What makes a successful private company board? There’s no one answer, and one approach doesn’t work for everyone. That creates complexity as owners and directors strive for the best possible governance that meets the needs of the company. Panelists will discuss board structures that work for their private companies and explore how these boards help their companies achieve their goals.

Speakers: Timothy E. Ellsworth, Director, Chair, Corporate Governance and Nominating Committee, Ensign-Bickford Industries, Inc.; Manuel Diez, Chairman of the Board, President and CEO, Diesco Ltd.; Roberta Sydney, President, CEO and Board Chair, Sydney Associates, Inc.

Moderator: Theo Sharp, Senior Client Partner, Korn Ferry Hay Group

 

10:30-11 a.m. Networking Break

 

11 a.m.-12 noon Workshop  

The Private Board’s Role in Shaping Corporate Culture

This workshop will explore how a private company board can help establish a healthy culture. Topics to be addressed include how to recognize warning signs of cultures at risk, organizational metrics and information sources for assessing corporate culture, and leading practices for effective director oversight and committee responsibilities.

Host: Bob Rosone, Managing Director, Deloitte LLP

Presenters: Maureen Bujno, Managing Director, Center for Board Effectiveness, Deloitte LLP and Carey L Oven, Partner, Deloitte & Touche LLP, National Managing Partner, Modernizing Compliance and Culture Risk

 

12 noon-12:15 p.m. Networking Break

 

12:15-1:30 p.m. Lunch

 

1:30-3 p.m.  Expert Briefings (repeated twice)

• Defining Board Roles (chairman, corporate secretary, lead director, committee chairs): Doug Baumoel, Founder, Continuity LLC

• Private Board Compensation: Theo Sharp, Senior Client Partner, Korn Ferry Hay Group

• Engaging Private Equity and Other Outside Investors: Jamie Lewin, Principal, Deloitte Corporate Finance LLC

• The Mechanics and Dynamics of the Effective Board Meeting: Dottie Schindlinger, Diligent Corporation

• The Board and Succession Planning: Caleb White, Senior Consultant, and Nancy Drozdow, Founder/Principal, CFAR

 

3-3:15 p.m. Networking Break

 

3:15-4:15 p.m. Session

The Owner-Board Relationship: Creating Effective Shareholder/Family, Management and Board Interaction

A private company board can be effective only if there is an atmosphere of trust among  company management, owners/family members and directors.

This session will offer real-world best practices on how to create effective family or owner governance (through family and owners’ councils) and develop systems for effective communication between shareholders and the board. 

Speakers: Ronda Ritter Ray, Lead Family Director, E. Ritter & Company; Andrew D. Pitcairn, Chair, Pitcairn Family Council, Board Member, Pitcairn; Rebecca Peterson, Board Member and Family Council Member, Sasser Family Holdings 

Moderator: Doug Baumoel, Founder, Continuity, LLC

 

4:15-5:15 PM Concurrent Workshops

• Preparing the Next Generation for Board Service

Identifying, developing and training management and family members for board roles.

Session Leaders: Caleb White, Senior Consultant and Nancy Drozdow, Founder/Principal, CFAR

• The Evolution of Ownership and Governance in a Family Enterprise

When a successful family business evolves into a sophisticated family enterprise, the complexity of what the family owns increases as the family grows or the entities expand. Family decisions about complexity and about ownership determine governance structures. Board members must understand these ownership structures when making decisions, since the shareholders could be individuals, family trusts, holding companies, investment partnerships, or philanthropic entities with future rights to ownership. This session will demonstrate how governance evolves through the generations for complex families, and why a variety of governance structures are used by sophisticated families.

Session Leader: Sara Hamilton, Founder and CEO, Family Office Exchange

• Board Performance, Evaluation and Re-Nomination

How to evaluate your board's performance, refresh your board and assemble a set of directors who are diverse in terms of experience and background. What skills do you need? What are the advantages of a board that is diverse in terms of gender and ethnicity?

Session Leader: Peter Gleason, CEO and President, National Association of Corporate Directors

 

6:30-9 p.m. Group Dinner and Private Boards of the Year Awards

National Press Club (transportation provided)

Host: Robert L. Rock, Chairman, MLR Holdings LLC

 

Friday, May 18

7:30-8:30 a.m.  Breakfast

 

8:30-9:15 a.m. Keynote Address

"Our Board Journey, and Why I Hired My Own 'Boss'"

Speaker:  McKeel Hagerty, Chief Executive Officer, Hagerty

Moderator: Bill Rock, President, MLR Holdings LLC

 

9:15-9:30 a.m. Networking Break

 

9:30-10:30 a.m. Workshop 

Setting Your Private Board's Priorities

Presenters: Rob Sligh, Affiliate Consultant, The Family Business Consulting Group, and Peter Begalla, Conference and Education Director, Family Business Magazine

 

10:30-10:45 a.m. Networking Break

 

10:45-11:45 a..m. Session

The Private Board’s Role in Digital Disruption and Risk

All private companies should push management to address the impact of digital disruption, whether it’s the ‘Amazon’ effect, cybersecurity or such emerging technologies as blockchain.This session will offer real-world guidance on how the board can maintain ‘noses in, fingers out’ with management and still ensure the company has solid strategies for the digital future, while minimizing the risk involved.

Speakers: Joanna Peters, Managing Principal, StratConGlobal; Ivy Silver, Director, Fulton Bank, CIMG; Larry Putterman, Member, Board of Advisors, IPC Global Solutions

Moderator: Eve Tahmincioglu, Executive Editor and Digital Director, Directors & Boards

11:45 a.m. Conference 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 2018, May 16-18, 2018, at the Westin City Center, Washington, D.C. The sixth annual Private Company Governance Summit 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.

Confirmed Speakers

Register Today!

 
Standard Pricing
 
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
Directors and Boards
Private Company Director
Family Business Magazine

How private companies and family-owned businesses can best leverage their board to drive growth, unearth blind spots and take the business to the next level. 

 

Featured Speakers

About Conference

Confirmed Speakers

Register Today!

Directors and Boards
Private Company Director
Family Business Magazine

This is not a typical governance conference. This is a working event designed to deliver an outcome. Environmental, social and governance (ESG) issues are the most pressing topics for the nation's boardrooms today. Join Directors & Boards' exclusive forum — The Character of the Corporation — to shape the conversation before the conversation shapes you!

Featured Speakers

About Conference

Confirmed Speakers

Register Today!

Directors and Boards
Private Company Director
Family Business Magazine

The Evolution of Enterprise Governance Across Generations
The Private Company Board Compensation Summary Report 2020

Directors Record

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