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.

The Power of a Board Ethos

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Shared aspirations, beliefs and attitudes drive the effectiveness of a private company board.

In a recent discussion I participated in with other directors about board effectiveness and performance, one director made a profound statement that resonated with several other directors. He said, “Our board does all the things we’re supposed to, but we’re not as good as we should be, nor is the business.” The discussion quickly moved to, “Why not?”  


Voices of Experience

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The relationship between the board and the CEO can be a tricky one. Board members must provide counsel to the company’s chief executive while also offering constructive criticism. We asked several directors: What is the #1 thing a board must do to ensure a solid, productive relationship with the company’s CEO?

 


Directors Record

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