Tag: October 2023 Issue
The 2023 Private Company Board Compensation Survey
While employee and executive wages grow, director pay remains flat, but with a rise on the horizon.
Age Is Just a Number
One's birthdate does not determine whether they possess the skills to help a company succeed.
Director Independence and Board Process Improvements
What should boards focus on to help them get better at oversight?
Meet the Director: Rhonda Mims
Rhonda Mims
Home Base: Charleston, South Carolina
Current Boards and Committees: Kymera International (people and compensation committee chair), Athena Alliance Inc. (audit committee chair), Big Brothers...
Good CEO/Board Communication Begins with Trust
But when communicating with executives, make sure to listen and provide value.Â
Private Company Board Effectiveness Assessment
Know the items to assess and the best processes for determining their efficacy.
Make Innovation a Priority for Your Board
Twelve factors that can help boards think differently about diversity, strategic planning, succession and more.
The Unboarding Process Requires Both Courage and Tact
It’s important to honor a director’s prior contributions even if circumstances necessitate removing them from your board.Â
For Private Companies, Cyber Breaches Are Inevitable
But informed directors, effective C-suite communications and intense preparation can help ward off attackers.Â
Defined Structures Create Better Boards
Veteran directors say companies with fiduciary boards and separate CEO and chairman roles have the best chance of success.Â