Tag: board of directors


Sep

14

2016

Does your Company Need Both an Advisory Board and a Board of Directors?

In this episode, we discuss whether companies need both an advisory board and board of directors. We are joined by members having decades of experience in different industries. Merissa Levin is a renowned author, speaker, and expert on advisory boards and board of directors. She gives her perspective on the matter: “I think it depends on the industry that you’re in and even the geographical...

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Aug

31

2016
Board of Directors Compensation Ideas

Board of Directors Compensation Ideas

Ideas for Board of Director’s Compensation Every once in a while, a newspaper or a business magazine publishes an article exposing overinflated salaries of board members. While it may be true for some big corporations, the same cannot be said for the rest. Companies have different options on how to compensate their board members other than handing over a colossal sum of money or equity...

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Aug

30

2016
The Best Tactics on Building a Board of Directors

The Best Tactics on Building a Board of Directors

In this episode, we discuss how to build a board of directors and an advisory board. We are joined by members having decades of experience in different industries. Jeff Thompson has served on the board of directors for ten years at Edelbrock Corporation and was also a member of the executive, compensation and audit committees. He spoke of recruiting members for the NASDAQ exchange: “We used a combination...

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Sep

15

2015
An Advisory Board vs. Board of Directors – What’s the difference?

An Advisory Board vs. Board of Directors – What’s the difference?

All companies look for a wide range of sources to provide them with business advisory services. This kind of advice can help a company grow beyond its competitors and increase shareholder value. If a company plans to go public then it is legally required that it set up a formal board of directors. An advisory board is a rather informal committee of members selected by...

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Aug

21

2015
Non-Profit Boards of Directors

Non-Profit Boards of Directors

Contrary to popular belief, non-profit boards of directors have more similarities than differences from for-profit boards. Both play a very important role in ensuring that the organization achieves its goals and objectives, and also have the responsibility of hiring a capable CEO or executive manager. They also make sure that the organization adheres to legal standards and ethical norms. Fiduciary Responsibilities Ginger Silverman has served...

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