Why Cardinal Board Services is Your Perfect Partner for Michigan Manufacturing Family Businesses and ESOPs
The manufacturing industry in Michigan is a cornerstone of the state’s economy. Family-owned businesses and Employee Stock Ownership Plans (ESOPs) are a significant part of this landscape, with unique challenges and opportunities. Here at Cardinal Board Services, we understand the…
Real-Life Succession: Beyond the HBO Hit
Succession planning is often overlooked, misunderstood, or even neglected, primarily due to its uncomfortable nature.
The Inexact Science of Board Compensation
Throughout my experience working with various company Boards of Directors, I have yet to encounter a director who believes they are overpaid. If director compensation is too low, qualified candidates may decline the opportunity to serve on a specific board…
Cardinal Board Services announces the recruitment of Paula Phillippe
Cardinal Board Services would like to announce the recruitment of Paula Phillippe to the Board of Directors for VAA, LLC in Plymouth, MN. “Paula’s strong corporate board governance experience combined with her executive track record driving growth in organizations like…
Cardinal Board Services announces the recruitment of Jim Glomstead
Cardinal Board Services would like to announce the recruitment of Jim Glomstead, CEO of Sportech, to the Board of Directors for Dalsin Industries, Bloomington MN. “Jim has deep manufacturing industry experience as well as a track record of successfully leading…
Confusion around Board Compensation for Private Companies
As a provider of Corporate Board Governance & Recruitment Services, the issue of director compensation comes up in every client engagement.
Cardinal Board Services and JSJ Corporation announce Board of Directors Partnership
The completion of a yearlong partnership with JSJ Corporation and its subsidiary GHSP is something Cardinal Board Services feels is worth celebrating. The partnership included recruitment of three board members to the GHSP’s Innovation Advisory Board and a refresh of…
How to Know When a Small Company Should Build a Board
During his time as CEO of Hollywood Fashion Secret, Matthew Goldberg tripled his company’s revenue in five years, “The reason I wanted a board for our company is it gave me an instant access to 80-100 years of experience around…
R-I-S-K is a four-letter word for small to midsize companies
This article was originally posted on the Star Tribune’s website. If you would like to read it there, please follow this link: R-I-S-K is a four-letter word for small to midsize companies.
Most large companies have a risk department in one form…
Board of Directors Search Firm Shares Tip About How Governance is Not Management
Cardinal Board Services is a board of directors search firm that helps boards in multiple ways. This week we would like to share an important rule for a board member to remember by Ken Dayton, the former CEO and Chairman…