December 2023   Ah, the good old days in bank board rooms… when banking and finance experts had the privilege of staying in their comfort zones, leaving the tech noise to board members with technological capabilities. Well, those days are over. Not only is it necessary for directors to be… Read More

Board culture is tantamount to a board’s success. Board culture affects decision-making and the directors’ relationship with management, impacting their ability to advise executive management and provide the necessary oversight.

Have you ever wondered why the search for your next executive level role is taking so long?  Have you honestly assessed the trajectory of your career and many of the associated decisions you made about the roles you have taken, whether by your own decision or out of your own… Read More

Along with the mystery of how to land the first board seat, comes the second mystery – understanding board of directors’ compensation.  As potential clients of Summit Executive Resources consider the path to independent directorships, we are often asked for our insights into what components and how much is in… Read More

It seems to me that almost every executive I speak with aspires to serve on a corporate board. I must say by experience, achieving your first board seat, or even the second will likely be the most difficult, arduous task you will accomplish in your entire professional career. There are… Read More

It is quite refreshing to hear that corporate boards are finally turning their agenda toward talent. Institutional investors are getting involved in the topic of talent. Corporate boards are starting to engage on talent issues. At least half of boards are talking about talent management and the human capital agenda,… Read More

In prior posts, I have discussed various topics related to corporate boards, such board recruitment, timing and compensation.  But, what if you have found yourself serving on your first corporate board?  How will you know the steps for effective board meeting preparation? Not only will it help you, but preparation… Read More

I have written quite a few earlier posts regarding how to effectively build your network, but how do you network when you are an introvert?  While extroverts typically flourish and are energized by networking events, most introverts loath the idea of having to “work a room”.  From a borderline introvert/extrovert… Read More

What is an activist investor and why is everybody talking about activist investors in the Boardroom?   We are all aware of one well-known activist investor, Carl Icahn, who has attempted major changes at a host of name-brand companies. My clients are seeking clarity about the activist investors’ role; the pros,… Read More

This primer is applicable to mid-market companies across several industries including technology, healthcare, manufacturing, real estate, retail and financial services. For mid-market companies, the average board encompasses nine directors with approximately 80% of those being independent directors. There is a direct correlation between the size (revenues) of a company and… Read More