Private Company Director

Mastering the Board CEO Relationship


News and Articles

Black directors have formed an organization focusing on healthcare inequities in Black communities.
Eight private company boards will be honored at the 2023 Private Company Governance Summit.
Independent board directors offer experience, perspective and knowledge during a challenging economy.
A new Deloitte report sees directors increasingly focused on workplace issues and climate change.
Some of directors’ most impactful time is spent in interim meetings, one-off calls and dinners
A successful onboarding of the chief executive depends on communication, shareholder relationships and effective coaching.
This most important governance relationship is more complex for a private company.
Sometimes the easiest way to divine top boardroom concerns is to read the financial news. Or you can always ask your directors!
The process of letting the chief executive go is made easier when the directors keep the best interest of the company in mind.

Enclara Pharmacia Expands Appoints Tom Maxwell to Board of Directors

Submitted by RChakler on Wed, 08/03/2016 - 20:09

Enclara Pharmacia (Enclara), the market leader in comprehensive pharmacy management services to the hospice industry, and its affiliate Turn-Key Health, an end-of-life population health management company, announced the appointment of Tom Maxwell, an experienced professional with specialized expertise in homecare and hospice technology and a commitment to the healthcare community, to its Board of Directors.

Moon Express First Private Company Given Permission to Travel to Moon

Moon Express has become the first private company in the world to receive permission for space travel beyond Earth’s orbit. The FAA granted permission to the company to travel to the moon in 2017.

If successful, Moon Express will be the fourth entity ever to soft-land on the Moon.

Moon Express was created through Google Lunar X-PRIZE, an international contest in which a private company would be granted $30 million to attempt to land on the moon and travel across its surface. The company will launch to the moon in the second half of 2017 on a rocket provided by Rocket Lab.

July 2016

Submitted by pcd@dmin on Fri, 07/29/2016 - 15:01

Transition Risk; Seven Fallacies of Criticism of Activist Investing; private company governance appointments, news and more.

June 2016

Submitted by pcd@dmin on Fri, 07/29/2016 - 14:58

How to Make the Most of Your Business Meetings, How Transaction Due Diligence Can Benefit Your Company, private company governance appointments, news and more.

Redbox Parent Company Sold to Private Equity Firm for $1.6B

Outerwall, the Bellevue-based operator of Redbox movie rental kiosks and Coinstar coin counting machines, today announced that it has entered into a deal to be acquired by Apollo Global Management for $52 per share in cash.

The Wall Street Journal placed the cash value of the deal at $895 million, while companies pegged the enterprise value at $1.6 billion, including the assumption of debt.

Verne Global Appoints New Board Member Henry Ancona

Submitted by RChakler on Fri, 07/22/2016 - 13:18

Verne Global, a developer at the forefront of data center infrastructure design, announced that Henry Ancona has joined the company’s Board of Directors.

Ancona has over 30 years of operational leadership building global businesses for both large and small technology companies. As a member of Verne Global’s Board of Directors, Ancona will leverage his diverse industry experience and expertise to provide insights on market approach and growth strategies.

Read the full press release here.

New Podcast Discusses Developments in Corporate Governance

Davis Polk has launched Before the Board, a new podcast featuring conversations on developments in corporate governance. The series provides insight on the current issues facing boards of directors, including shareholder engagement, board leadership, strategic planning, institutional investors, proxy advisory firms, executive compensation, board composition, activism, corporate and securities law, litigation and enforcement actions, cybersecurity, and much more.

MSP Champion and IT Veteran Paul Chisholm Joins Continuum’s Board of Directors

Submitted by RChakler on Tue, 07/19/2016 - 20:33

Continuum, the only channel-exclusive IT management platform company, has appointed Paul Chisholm, retired CEO of mindSHIFT Technologies, to the Board of Directors.

Under Paul’s leadership, mindSHIFT, a Ricoh company and one of the largest IT outsourcing and cloud services providers serving small and medium sized businesses, was recognized as the No. 1 MSP in the United States for four consecutive years, listed in the MSPmentor 100 global report. 

Read the full press release here.

Directors Record