The value of independent directors on private boards

In this episode, Claudia Allen, Senior Advisor at KPMG’s Board Leadership Center, talks about the benefits and challenges of having independent directors on private company boards. She discusses findings from a survey and a whitepaper and share some practical tips for both private company owners and independent directors.

• How can independent directors bring fresh perspectives, diverse skills, and external networks to private boards?
• What are some of the common barriers and misconceptions that prevent private companies from appointing independent directors?

Resources from this episode:

• 2023 Private Company Board Survey Insights
• How independent directors can add value to private boards