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At our June 2021 Private Company Governance Summit, the CEO of a large private business recounted how he recruited a close friend to serve on his company’s board. The friend was a very talented public company CEO and checked a number of boxes for an ideal director. And the benefit of bringing on his friend was obvious — he got a smart, competent person whom he trusted. Prior to joining the board, the friend and he had agreed that service on the board was appropriate as long as it didn’t jeopardize their friendship.
Virta Health provides non-medication and non-surgical treatment to reverse type 2 diabetes and other chronic metabolic diseases. Its Virta Treatment Program includes medical supervision, an individualized treatment plan, on-demand resources, a personal health coach, and conducts webinars and other networking opportunities.
Thrivent is a diversified financial services organization that serves more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs.
The Duty of Oversight in the Face of COVID Mandates
In the United States, vaccination of the population is not only a medical issue, but also a political and workplace issue. This has challenged boards seeking to navigate a host of competing issues, including workplace and customer safety, significant resistance to vaccination against COVID-19 — particularly in certain regions of the country.