Board Advisory Association Excels Helping Companies Add Independent Directors

he Private Directors Association (PDA) has had great successes with several companies, helping them experience the value of a board with independent directors. Specifically, M. Holland Company and Matot, Inc. have each given the PDA accolades because of the excellent job the PDA has done.

Frankfort, United States - September 16, 2020 /PressCable/ —

CHICAGO, IL: The Private Directors Association (PDA) has had great successes with several companies, helping them experience the value of a board with independent directors. Specifically, M. Holland Company and Matot, Inc. have each given the PDA accolades because of the excellent job the PDA has done while working with them.

The PDA Model Board Meeting℠ is a way for private companies to jump-start the process of creating a board with independent directors. They engage and work with private companies that want to have ongoing, independent directors but are not sure how to get started. The PDA Model Board Meeting℠ approach enables them to begin in a fairly easy way by assigning independent directors from their network to help them.

“The PDA Model Board Meeting℠ (MBM) was great for M. Holland and the evolution of our Board,” noted Ed Holland, CEO of M Holland Company. “The MBM process and the PDA directors we selected shared leading practices in preparing for and running a Board meeting, which we have implemented. Following the MBM experience, we added an additional independent director and plan to add more as our Board continues to develop. The MBM process was instrumental in our journey.”

The PDA is comprised of over 1,000 members with high levels of experience on multiple boards. When a private company signs on for MBM, the PDA works with them to select several board members that have the skill and experiences required. The PDA has chapters nationwide, with its largest chapter located in Chicago.

Highly experienced independent board members can help companies in a variety of ways including ownership and leadership succession, strategy, capital allocation and more. PDA is well known as being a great first step companies can take when they realize they could benefit from the knowledge and expertise of a board with experienced independent directors but aren’t quite sure where to start or how to properly vet the board members they know they need.

“We had such a valuable experience with our PDA Model Board Meeting℠ (MBM) at Matot, Inc. that we set up an ongoing Advisory Board,” noted Cece Matot, Co-Owner of Matot, Inc. “Our MBM directors gave us actionable advice that we implemented immediately and, overall, it was one of our best exercises as a management team that we have ever had. I highly recommend the PDA Model Board Meeting℠ to any business that wants to grow and achieve better management communication.”

The PDA’s work with M. Holland Company and Matot, Inc. are just two recent examples of success stories where the PDA has significantly helped companies with their board members’ expertise.

About Private Directors Association

The Private Directors Association (PDA) is a board advsiroy firm that helps create, sustain and enhance private company value through the active use of boards with independent directors. PDA advocates for excellent practices in board formation and governance. The association provides a national network where private company owners, board members, leaders and advisors interested in board service can find and meet with those interested in securing exceptional board members.

For more information and a PDA Model Board Meeting℠ application, check out the PDA website at privatedirectorsassociation.org, click “Resource” and then “Model Board Meeting℠”

Contact Info:
Name: Bob Buddig
Email: Send Email
Organization: Private Directors Association
Address: 20960 S Frankfort Square Rd, Frankfort, IL 60423, United States
Website: https://www.privatedirectorsassociation.org

Source: PressCable

Release ID: 88977080

Latest News

Chinese report says illnesses may be from new coronavirus

Sep 20, 2020

BEIJING — A preliminary investigation into viral pneumonia illnesses sickening dozens of people in and around China has identified the possible cause as a new type of coronavirus, state media said Thursday. Chinese health authorities did not immediately confirm the report from state broadcaster CCTV. Coronaviruses are spread through coughing or sneezing or by touching an infected person. Some cause the common cold and others can lead to more severe respiratory diseases, such as SARS and MERS. Such viruses are common in people but more exotic versions from bats, camels and other animals have caused severe illness. The novel coronavirus...

Innovative fashion designers lead the way on sustainability

Sep 20, 2020

LONDON — Innovative fashion designers are turning to such things as horseradish and nettles to make sustainable clothing and accessories to the delight of a growing number of buyers. While more consumers are paying closer attention to how the production of goods impacts the environment, old habits die hard. A buy-and-toss mentality persists despite a boost from celebrities helping to drive the upcycle and vintage movements. Actress Maggie Q, who created an activewear line from recycled fabrics, is among activists who see plenty of room for improvement. She says she feels "sick about fast fashion.'' "You hear people say, 'Well,...

Riot police storm Hong Kong malls to nip more protests

Sep 20, 2020

HONG KONG — Riot police stormed several malls in Hong Kong on Sunday in a move to thwart more pro-democracy protests, as the city's leader heads to Beijing for talks on deepening economic integration between the semi-autonomous Chinese territory and mainland China. There were calls online urging protesters to gather in seven locations to sustain a push for political reform following a chaotic day of protests and clashes with police on Saturday, with the anti-government movement showing no signs of letting up after nearly five months. Most of the rallies didn't pan out Sunday as scores of riot police took...

Springboks' 1st black captain gets his chance at history

Sep 20, 2020

TOKYO — It was the week after Siya Kolisi's fourth birthday when Nelson Mandela presented Springboks captain Francois Pienaar with the Webb Ellis Cup in a defining moment for rugby, and for South Africa. Kolisi was 16 when the Springboks won their second Rugby World Cup title. There was no television at his home, he recalls, so he had to go to a tavern to watch John Smit lift the trophy after beating England in the 2007 final in Paris. Twelve years on, the first black player appointed as Springboks captain gets a chance to etch his name in history...

England's response to All Blacks haka results in fine

Sep 20, 2020

TOKYO — England has been fined for crossing the halfway line in its response to New Zealand's pre-match haka at the Rugby World Cup semifinals. World Rugby says England breached "tournament rules relating to cultural challenges, which states that no players from the team receiving the challenge may advance beyond the halfway line." England's players stood in a V-formation as the All Blacks performed the haka, with a half-dozen players beyond the halfway line. World Rugby says the sanction is in line with protocol that operates across the international game. The fine is reported to be 2,500 pounds ($3,200) ___...

About Us

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.

Contact us: sales[at]frontalreport.com

Subscribe Now!