Steve Shifman
Michelman’s purpose is to Innovate a Sustainable Future with Expert Materials, providing solutions through applied chemistry in a variety of industrial market segments ranging from printing and packaging, to industrial coatings, to glass and carbon fibers. Industry leaders call upon Michelman to develop sustainable solutions that help them to address their challenges, deal with a rapidly changing global and regulatory environment, and to grow their businesses.
Steve has had a diverse career both before and at Michelman. His experience has ranged from sales and sales management, to Finance where he served as the company’s Chief Financial Officer, to leadership of one of the company’s business units, ultimately culminating in his appointment as the Chief Executive Officer in 2003. During his tenure, Michelman has quadrupled in size and profitability, and has become a much more global business. Originally, primarily a North American business, over this 14-year period, the company has diversified globally with now more than 50% of its business being generated outside of the United States. The global business has been built both organically and through acquisition. For these accomplishments, Steve Shifman was named the Ernst & Young Regional Entrepreneur of the Year for the manufacturing sector in 2013.
Shifman is a progressive leader whose results are measured not only in the impressive numbers Michelman has delivered but also in the dedication and commitment his team offers to all of the company’s stakeholders. Shifman is a firm believer in purpose driven leadership, and has worked to engage every Michelman associate in the organization’s journey. Under his leadership Michelman lives by the values of Integrity, Respect, Success, Collaboration, Curiosity, and Giving. These values inform both Shifman’s leadership philosophy and the company’s decisions around strategy, hiring, and investments.
In addition to serving on the Michelman Board of Directors, Shifman also serves as the Chairman of the Board of Magnum Venus Products, a private business based in Knoxville, TN. He also has a portfolio of community board responsibilities, including serving as the Vice-Chair of the Cincinnati Regional Business Committee, as an Executive Committee member of the United Way of Greater Cincinnati, and as a former member of the Board of the Preschool Promise. He recently completed a term as the Board Chair for Teach for America in Southwest Ohio.
Steve and his wife Julie reside in Cincinnati, Ohio, and have four adult sons. Along with his business and community commitments, Steve is an avid cyclist, skier, hiker, and runner. He is also passionate about travel, the arts, great food and wine.
SESSIONS
What are the right ingredients for a board meeting that results in progress at the company and leaves all participants feeling satisfied? What’s the secret sauce? What materials should be sent in advance — and how far in advance should they be sent? What’s the right order for the agenda items? What must occur at every meeting? How many breaks should be included? What should occur during committee reports and in the executive session?
Takeaways:
• Best practices for developing a board binder
• Most important items at the top of the board agenda
• Best practices for committee reports and exec session
• Tips on number of breaks, dinner the night before, opening the meeting to family observers