?? What Boards of Public Companies Can Learn from Private Equity
ACQG Enterprises Inc
Acquire and elevate to digital technologies; shift to cloud base; virtual intake management; automate workflow.
By Jeffrey M. Cohn | February 12, 2024
Public company boards are typically focused on oversight, supporting the management team while keeping a respectful distance from day-to-day operations. In contrast, boards of companies owned by private equity tend to be much more hands-on. Often populated by former CEOs, these boards are more likely to get involved in shaping strategy and culture, providing information to the company, and actively engaging with future CEO candidates further in advance of succession.