SFGH partner Jeremy Waitzman to moderate a Private Directors Association program titled “Family Owned Businesses” as part of its three-part series “The Psychology of a Private Company Board”
Many, if not most, issues faced by one Board of Directors are encountered by every Board of Directors regardless of industry or ownership structure. For example, every Board of Directors must provide an appropriate level of instruction and supervision to management. Likewise, every Board of Directors must provide long-term guidance as to vision and direction. At the end of the day, however, a Board of Directors, under normal circumstances, owes its fiduciary duties to one constituency: the Company’s shareholders. Consequently, in real life, if not, in theory, the question of “who” ownership is matters greatly. The educational series, “The Psychology of a Private Company Board,” explores the inherent influence that each of the three common ownership structures has on the way the Board of Directors conducts itself. For more information or to register, please click here.