Byron Loflin, CEO of Center for Board Excellence (CBE) moderated a panel at Corporate Board Member’s Building Better Boards: Committee Series in Chicago on September 20, 2018. The panel was entitled “New Trends in Board Refreshment” and the other panelists were Gayla Delly, Board Member, Broadcom and Flowserve, Darrell Freeman, Lead Director, AAC Holdings, Cross Country Healthcare and Reliant Bancorp, and Tony LeVecchio, Chairman of the Board, Legacy Texas Bank, Board Member, Dougherty’s Pharmacy.
Byron queried the directors on how they rate overall public board performance, and in particular, whether boards have improved their performance during the decade since the 2008 financial collapse. The panelists also discussed all elements of diversity on their boards, including thought diversity. The panelists shared their experiences of relationships with other directors and management, and how their boards have conducted assessments to measure performance.