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.

Scott Dorsey Joins the Board of Directors

Submitted by RChakler on Thu, 06/23/2016 - 17:04, the leader in learning automation software, announced that Scott Dorsey has joined its board of directors.

Dorsey is managing partner at High Alpha, a venture studio that conceives, launches and scales next-generation enterprise cloud companies. Previously, he was co-founder and CEO of ExactTarget. Dorsey became CEO of Salesforce Marketing Cloud after Salesforce’s historic $2.5 billion acquisition of ExactTarget in 2012. Prior to joining the board, he served as an independent investor and advisor to the company.

Radius Names Ex-Deloitte Global Chairman John Connolly Chairman of the Board

Submitted by pcd@dmin on Thu, 06/16/2016 - 18:10

Radius, the single-source provider of global expansion services and solutions, has named John Connolly, former global chairman of Deloitte Touche Tohmatsu and CEO of the Deloitte UK Partnership, chairman of its board of directors.

Connolly was senior partner and CEO of Deloitte UK from 1999 until 2011. During that time, he was also Deloitte’s global managing director (2003-2007) and global chairman (2007-2011).

Read the full press release here.

ExactCare Pharmacy Appoints April Anthony to Board of Directors

Submitted by pcd@dmin on Thu, 06/16/2016 - 15:37

ExactCare Pharmacy, a leading pharmacy servicing patients with chronic conditions on multiple medications, announced that April Anthony has joined its Board of Directors.

Anthony, an accomplished entrepreneur and executive in the home health care industry, is currently CEO of Encompass Home Health, Inc. (“Encompass”) and Homecare Homebase, LLC. Anthony founded Encompass in 1998, growing the company to more than 200 locations serving 24 states. Encompass was acquired by HealthSouth in 2014.

Didi Now Third Most Valuable Private Company After Fundraising

Didi Chuxing Technology, China’s version of Uber, raised $4.5 billion in a round of fundraising making it the third most valuable private company.

It now has a valuation close to $28 billion, according to the article, and sits third behind Uber and smartphone maker Xiaomi Corp.

Didi was valued at US$16.5 billion last year. It closed its latest round of funding with the help of Apple Inc. and prominent Chinese investors, including the nation’s top life insurer, according to sources cited by Bloomberg.

Contegix Creates Advisory Board

Contegix Hosting, a cloud computing colocation and managed hosting company that empowers customers by providing Go BeyondTM support, has announced the creation of an Advisory Board, including five inaugural members: Mike Castellano, Bob Hardester, Gina Hoagland, Charlotte Martin and Dean VandeKamp.

The Advisory Board’s role will be to offer business insights and strategic guidance in decision-making to Contegix, whose mission is to deliver infrastructure and cloud solutions that protect clients so they can focus on their business.

Pluralsight Appoints Four New Industry Leaders to Its Board of Directors

Submitted by pcd@dmin on Tue, 06/14/2016 - 15:56

Pluralsight, the global leader in online learning for technology professionals, announced the appointment of four new members to its board of directors: Arne Duncan, Brad Rencher, Gary Crittenden and Tim Maudlin.

This distinguished group brings decades of diverse experience in education, enterprise SaaS, and corporate and web strategy to Pluralsight’s board, and will provide valuable guidance through the company’s next phase of growth.

Read the full press release here.

One of the Largest Private Companies in the U.S. Names a 35-Year-Old as its New CEO

On September 1, Brendan Bechtel, 35, will become CEO of Bechtel, succeeding Bill Dudley, who will stay on as vice chairman, according to a Fortune article.

Brendan, along with his family ties, has a MBA and masters of engineering from Stanford University. Brendan has been training for the top job for a number of years. He is currently the president and COO of Bechtel.

The Bechtel board had to radically revise its succession plans in early 2014, when Riley Bechtel, Brendan’s father and a long-serving, 4th generation CEO, was diagnosed with Parkinson’s disease.

SpringCM Appoints Dan Dal Degan to Board of Directors

Submitted by pcd@dmin on Tue, 06/07/2016 - 14:29

SpringCM, the No. 1 global sales contract management solution for Salesforce customers, announced the appointment of Salesforce veteran Dan Dal Degan to its Board of Directors to help accelerate the pace of innovation and guide the company’s rapid growth within the Salesforce ecosystem, according to a company press release.

May, 2016

Submitted by pcd@dmin on Mon, 06/06/2016 - 08:26

Best Practices for Recruiting Board Members; The Private Company Boards of the Year 2016 winners; private company governance appointments, news and more.

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