Private Company Directors




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A lot of corporate leaders would like to sit on a board of directors.
When boards behave badly, it's usually difficult to detect.
In the spring of 2020, The Larry H.
Meghan Juday was appointed chairman of IDEAL Industries in February 2020.
For publicly traded companies, the board’s primary responsibility is often defined as the hiring and firing of the CEO.
When President Barack Obama asked Jeh Johnson to be the Secretary of the Department of Homeland Security, Johnson wondered
Board members want to make a quick, positive impact.
If directors can be held liable for selling a company in a leveraged buyout that leads to bankruptcy, private equity firms
We have all seen the data and research on how board diversity improves the bottom line.

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.


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

Directors Record

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