All In The Family: Board Issues Regarding Family-Owned Boards

NACD Heartland members joined guest speakers Peter Bratney, Jeff Plagge, and Joe Riley, moderated by Suzanna de Baca, NACD.DC, for a thoughtful discussion on the governance realities of family-owned businesses.

The conversation explored the unique opportunities and challenges facing family-owned boards, including succession planning, director independence, ownership transitions, board composition, and navigating family relationships within the boardroom. Panelists shared insights on balancing family legacy with business performance while maintaining effective governance across generations.

Attendees gained practical perspectives from experienced leaders and engaged in meaningful peer discussion on how boards can support long-term success in family-owned enterprises. The program highlighted the critical role of governance in preserving both organizational value and family stewardship for future generations.