Board Diversity Legislation Even in the private equity sector there has been a demand for women by investors as the performance of more diverse companies has been steadily increasing relative to those with no women on their boards. Similarly, having all-male all-white boards is a common sign of bias within the appointment process signifying a […]
Private Equity Board Seats
Today there are 3,370 public companies and 4,145 private equity firms with over 89,706 portfolio companies listed in the Private Equity Info Database. There are also over 4,000 hedge funds, 2,000 mutual funds, and 1,000 real estate investments trusts (REITs) in the United States. These entities are generally private but still generate independent board seats […]
The Grid Board Seat Selection Method
A typical approach to the selection process for board appointment is the grid matrix. The grid functions as an easy way to identify the different areas of expertise and experience that the directors on a board lack now or will lack in the future. The grid matrix is formatted with the board’s desired backgrounds listed […]
Boards During Coronavirus
The coronavirus outbreak has presented a number of unexpected challenges for individuals and corporations alike, and now more than ever, companies can benefit from the kind of experienced judgement that well functioning boards can provide. During these unstable times, companies will benefit most if the board can strike a balance between supporting and challenging the […]
Board Turnover
The board of directors is responsible for the big picture management of the company, including maintaining the company strategy and cultivating positive investor relationships. Board members are responsible for chief executive succession planning, executive compensation, risk management, accounting and compliance oversight, significant transactions, and shareholder relations. Moreover, board members need to consciously maintain a strong culture for ethical conduct of […]
