PCD E-News 2/28
For private company board members, shareholders and owners.
February 28, 2017

Preparing for the Board Meeting - Staying Private Until Armageddon - Nominate Your Board



Preparing for the Board Meeting


We’ve all heard the quote: “Failing to prepare is preparing to fail,” which is often misattributed to Benjamin Franklin, but seems to come from UCLA’s legendary basketball coach John Wooden.  How should a private company ensure that the board meeting provides maximum value to the company’s ownership, management and board members?  It’s all in the preparation—and the communication that goes on with board members between the meetings.
At the Private Company Governance Summit 2016, three speakers offered their advice:  Dennis Chookaszian, the retired Chairman and CEO of CNA Insurance Companies, who has also served on 12 public company boards and 50 private company boards; Anne Eiting Klamar, a physician by training, who ran her family owned company for 15 years as CEO before becoming Chair; and Eileen C. McDonnell, Chair and CEO of Penn Mutual, the second oldest life insurance company in the US.
Click to read the article »



Private Company Boards of the Year 2017


We’re looking for a few high performing private company boards

Nominate your board, or a board you admire.
Private Company Director, Family Business Magazine and Directors & Boards present the second annual Private Boards of the Year award, dedicated to honoring private company boards who best serve their stakeholders—owners, shareholders, employees and community.  These boards will exhibit best practices in their structure, practices and performance.
The award is open to the fiduciary or advisory boards of private companies of all sizes and ownership structures.  Size of the company, or indeed, of the board, doesn’t matter. 

Click here to enter your Board »


'Until Armagedon'


The story of how Turtle & Hughes is staying private but embracing outside board members

How and why one of the largest electrical distributors in the country introduced independent directors to its board was the topic that engaged the Private Company Governance Summit 2016 attendees as a luncheon keynote during the full day of presentations on Thursday, May 12.

The company under examination was Turtle & Hughes Inc., a family business that also has the distinction of being one of the largest women-owned companies, not only in the New York area, where the company is based, but, indeed, in the United States. It supplies products and services to buildings all over the world, including the new Freedom Tower in lower Manhattan and, in a fun fact shared with the PCGS crowd, Turtle & Hughes has been lighting the Rockefeller Center Christmas Tree since 1936.
Click to read the article »
Copyright © 2017 Directors & Boards Magazine, All rights reserved.
by Private Company Director, Directors & Boards and Family Business Magazine

Our mailing address is:
Directors & Boards Magazine
1845 Walnut Street
Suite 900
Philadelphia, PA 19103

You are receiving this email because you opted in at our website.

This message was sent to dshaw@directorsandboards.com by dshaw@directorsandboards.com
1845 Walnut Street, Ste 900 , Philadelphia, PA, 19103

Unsubscribe from all mailings Unsubscribe | Manage Subscription | Forward Email | Report Abuse