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 […]
Demand for women and minorities on boards has been skyrocketing. My colleague at Executive Advisory and the University of Chicago, Josie Brown, has been following and reporting on this trend for the past year and offers these insights.
The primary role of a board of directors is to create and maintain the company’s strategy. Many of the duties and responsibilities expected of board members involve work performed in various committees such as auditing, compensation, reviewing CEO performance, nomination and governance. A single board can have a number of committees, each dedicated to one […]