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News and Articles

The SEC’s Hester Peirce addresses issues with the commission’s recent proposals.
In board meetings, be aware of who is responsible for what.
Honoring the dedication of talent is key to retention success.
Support the board by providing feedback and sharpening your listening skills.
The proper agenda is a must, but so is self-evaluation and diversity.
Just watch for conflicts of interest, and don’t meddle in the process.
Growth and talent are also major issues for private company boards. 
Winning a board position requires experience, brevity and an inviting smile.
Our new survey spotlights trends in director pay levels and offers insights into board compensation plan design.
Great board leadership means knowing your role, collaborating with management and more.

Ameriflight, LLC Announces Industry Veteran as New Board Member

Submitted by RChakler on Thu, 12/10/2015 - 20:19

Ameriflight, LLC announced today that Terry Gleason has been elected to the company’s Board of Directors, according to a Business Wire press release.

Mr. Gleason, an airline industry veteran is a former USMC aviator and graduate of the United States Navy Fighter Weapons TOPGUN School. He served eight years active duty flying the F-4 Phantom II followed by 10 years in the Reserves, retiring as a Lieutenant Colonel. 

10 Excuses for Not Establishing a Board of Advisors

One of the most significant factors determining the survival and success of a closely held company, especially a family business, is the presence of a board of advisors. Yet many such firms lack a board, or have one that meets seldom and contributes little.

Why do very smart entrepreneurs continue to ignore a strategy that promises great long-term payoffs for them and their successors? With apologies to David Letterman, here are their top 10 excuses for not establishing a board of advisors:


December 2015

Submitted by pcd@dmin on Thu, 12/10/2015 - 15:56

Ten excuses for not establishing a board of advisors, what makes an effective private company board, and private company governance appointments and news.

Edward J. Borkowski Joins Transdermal Delivery Solutions Board of Directors

Submitted by RChakler on Wed, 12/09/2015 - 18:30

Transdermal Delivery Solutions Corporation (TDSC) recently announced that pharmaceutical entrepreneur Edward J. Borkowski has joined its Board of Directors as Chair of the Audit Committee, according to a Business Wire press release.

Barkowski has held the title of Chief Financial Officer for a myriad of multi-billion dollar healthcare organizations such as Mylan, Inc., Carefusion Corporation, ConvaTec, and is currently CFO at Amerigen Pharmaceuticals, an early stage, private, generic pharmaceutical company.

Cyber Security Leader Justin Somaini Joins NowSecure Board

Submitted by RChakler on Wed, 12/09/2015 - 18:17

NowSecure, the mobile security solutions provider, announced today that security industry veteran Justin Somaini, former Chief Information Security Officer at both Yahoo! and Symantec, as well as author of Somaini’s Cyber Security Blog, has joined its Board of Directors, according to a Business Wire press release.

The addition of Somaini to NowSecure’s Board underscores the company’s position as the key player solving the most difficult security challenges in a mobile world.

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