The Private Directors Association®believes great governance creates value in private companies, increasing stakeholder confidence and ensuring competitive advantage. In this series of 15-20-minute podcasts you will hear PDA members –owners, executives, independent directors and service providers–share their passion for governance based on healthy accountability, respect for process and collaborative behavior.
To the PDA community, governance is so much more than compliance with regulation and legislation. It creates value through:
improving sustainability
managing risk
evaluating opportunities
providing advice and counsel to the CEO
evaluating and enhancing the strategic plan
ensuring the executive team are the right people to execute the plan
aligning compensation and management incentives with shareholder objectives
SHINE: Governance Illuminated episodes are released bi-weekly. Listen here or subscribe through your usual podcast provider.
Keep Your Edge
Featuring Michael Vekich, Board Member & CEO
Michael Vekich has been a public, private, non-profit and government agency board director for more than three decades. In addition to chairing a community bank board and serving as chair of a North Dakota nitrogen company, he is also a fiduciary for the Minnesota Sports Facilities Authority—he brings the ballgame to the boardroom. Michael is also a board member with the Minnesota State Colleges and Universities, the third largest education system in the US. This son of Serbian immigrants to the United States shares his thoughts on governance and his life philosophy with the PDA’s Budd Berro.
Great ESOP Energy
Featuring Tracy Till, Independent Board Member
Tracy Till and her business partner Sue Butler founded a marketing and advertising company in their native Rochester, New York about 20 years ago. Today, Butler/Till—now an ESOP—has its own building in the city, a presence across the US, and two hundred and fifty employee-owners.
Tracy has just transitioned off the board at Butler/Till but remains an active champion of ESOPs everywhere. She talks with Budd Berro about her governance philosophy and her passion for employee stock ownership plans.
