Private Company Director

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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.

Steve Race Joins CashBet Board of Directors

Submitted by RChakler on Wed, 04/20/2016 - 20:34

CashBet announced that Stephen Race has joined the company’s Board of Directors, according to a Business Wire press release.

Race brings over 30 years domestic and international executive leadership experience across a wide range of industries, including gaming, financial services, and consumer goods. He is currently a Portfolio Manager at Strategic Turnaround Fund, a hedge fund focused on micro-cap US companies.

Optomec Elects Former Broadcom Chairman John Major to Board of Directors

Submitted by RChakler on Wed, 04/20/2016 - 20:31

Optomec, a leading global supplier of production grade additive manufacturing systems for 3D printed metals and 3D printed electronics, aannounced that John E. Major, former chairman of the board and lead independent director at Broadcom, has been elected to serve as the first of two new members on the Optomec Board of Directors, according to a Business Wire press release.

Lord Abbett Family of Funds Expands Board of Directors with Two New Appointments

Submitted by RChakler on Mon, 04/18/2016 - 15:51

The independent Directors/Trustees of the Lord Abbett Family of Funds have appointed Mark A. Schmid and Douglas B. Sieg to serve on the Funds’ Board, according to a Business Wire press release.

These appointments (effective April 20, 2016, for Mr. Schmid, and effective February 24, 2016 for Mr. Sieg) expand the number of Directors/Trustees, from nine to 11. 

Former Cree VP of Worldwide Sales Joins Wireless Environment’s Board of Directors

Submitted by RChakler on Mon, 04/18/2016 - 15:49

Mark McClear, a semiconductor and LED industry veteran, has joined Wireless Environment’s board of directors in 4Q 2015, according to a Business Wire press release.

McClear brings nearly 30 years of experience from LED lighting leader Cree, Inc.; global chemical company The Dow Chemical Company; industrial gas company Praxair; and electronics and semiconductors company Texas Instruments. 

Read the full press release here.

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