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.

Rumpl Inc.

Submitted by bwenger on Mon, 08/09/2021 - 15:08

Using material technologies commonly found in activewear and outdoor gear, Rumpl makes Blankets for Everywhere. The materials have been tested and proven in harsh environments, yet specifically selected for comfort and durability.

The Board/CEO Relationship: Clear communication and transitions are board responsibilities.

For publicly traded companies, the board’s primary responsibility is often defined as the hiring and firing of the CEO. In privately held companies, the CEO is often a major shareholder, a family member or perhaps the founder of the business, which makes the relationship with the board more complicated. But in each case, communication is vital in cultivating a healthy and productive relationship between the board and the  CEO.

Three Phases on the Journey to Be an Exceptional Board Member

Board members want to make a quick, positive impact. However, “quick” has a different definition to the board compared to the C-suite. A successful board member needs a strong foundation that takes time to build. The 100-day plan is meaningless. Putting onboarding into strategic phases can bring clarity to becoming the best board member you can be.


The End of Private Equity?

If directors can be held liable for selling a company in a leveraged buyout that leads to bankruptcy, private equity firms could lose their power and influence.


Submitted by bwenger on Tue, 07/20/2021 - 15:51

Deeplite is an AI software company designed to make other AI models faster, more compact and energy-efficient creating highly compact, high-performance deep neural networks for deployment on edge devices such as cameras, sensors, drones, phones and vehicles.

HUMAN Security

Submitted by bwenger on Thu, 07/08/2021 - 17:28

HUMAN is a cybersecurity company that protects enterprises from bot attacks to keep digital experiences human. They have an advanced Human Verification Engine that protects applications, APIs and digital media.

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

Directors Record