Philadelphia, March 27, 2024 – Business Wire
Seven private company boards have been honored with Private Company Boards of the Year awards for their business governance excellence by MLR Media. The awards will be presented at the 2024 Private Company Governance Summit®, which will take place May 15-17, 2024, at the Ritz-Carlton Pentagon City, Washington, D.C.
The boards of these companies were selected for recognition:
Seven private companies were selected for the governance excellence demonstrated by their fiduciary boards. The awards, which will be presented at a dinner during the Private Company Governance Summit® on May 16, 2024, honor private company boards that best serve their stakeholders—owners, shareholders, employees, and the community—with best practices in their structure and performance.
The awards were created to recognize private companies that go above and beyond legal governance requirements and commit to the highest levels of governance, whether through fiduciary or advisory boards. The awards honor the performance of the board as a whole.
The ninth annual awards recognize fiduciary boards (those tasked with protecting shareholders, with the authority to vote on decisions that are binding for company management) as well as advisory boards (more informal boards that have no binding regulations, but often a significant strategic role). The awards were broken down by company revenues and ownership type. Awards are not made in every category.
The Private Company Governance Summit®, now in its twelfth year, is the only national conference focused on the unique governance challenges for owners, shareholders, directors, and advisory board members of closely held, family-owned, and private equity-owned companies. To learn more, visit Private Company Director.
MLR Media publishes Directors & Boards, Family Business, and Private Company Director magazines, FO Pro: The Family Office Professional information service, and produces The Private Company Governance Summit®, the Transitions (Spring and Fall) and Family Business Legacy conferences, Family Business NextGen, Transformational Women in Family Business, ALIGN: Connecting the Family and the Family Office, and Character of the Corporation events.
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