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Private Board Basics
This session spotlights speakers from private companies whose boards have contributed to their success. They will describe practical steps they took to build their boards and how they managed the transition from a family/insider board to a professional board. Learn the nuts and bolts of their board journeys, including:
- what board structures they choose (advisory or fiduciary, fully or partially independent)
- how they find and compensate directors
- lessons they learned and how they adjusted to create high-functioning, strategic boards
Panelists: Mary Andringa, Chair of the Board, Vermeer Corporation, Jim McHugh, board member, Southworth International Group, Inc., Kennebec Technologies
Moderator: Greg Greenleaf, Partner, The Family Business Consulting Group
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