The roles and responsibilities of an Evergreen company board differ significantly from that of a publicly traded or exit-oriented company board. The dynamics between board, management, owners and family are more nuanced, with board influence varying significantly depending on the governance structure of the particular company. Chip Dickinson, CEO of sixth-generation E. Ritter & Company, has extensive experience with boards of directors and boards of advisers and shared his wisdom at last year’s Tugboat Institute Summit.

In his talk, Dickinson provides a helpful framework for the different types of boards that an Evergreen business can adopt, while explaining why an engaged board of directors is key to a company’s success.