Private Directors Association®-Houston Chapter

Thank you to Foley & Lardner LLP for hosting a highly informative discussion on navigating insolvency risks. The conversation offered valuable insights on recognizing signs of financial distress, knowing when to bring in independent advisors, how to protect yourself as a board member in these trying times, as well as identifying the professionals best equipped to handle these complex situations. A special thanks to John Melko for moderating, along with panelists Susan Mathews, Drew McManigle, and Dean Swick. They addressed key challenges private companies face - like balancing board loyalty with objectivity and understanding when it’s time for an independent director. Their advice on managing these high-stakes moments was invaluable. Looking ahead to next month, we’re excited about our annual joint networking event with AM&AA Houston Chapter on Wednesday, November 20th at Bosscat Kitchen & Libations. This will be a great chance to connect with many familiar faces from across our networks. Be sure to register to secure your spot! Registration Link: https://lnkd.in/gc3yjzYc

If you want a name tag for tomorrow's event be sure to sign up soon! Link to Register: https://lnkd.in/gbayuQYy

We look forward to seeing you at our upcoming panel discussion on the board's role in advising companies in distress. The linked article from Odinbrook Global Advisors emphasizes how critical it is for boards to go beyond passive oversight, engaging deeply in problem-solving and helping guide companies back to health. Our esteemed panel will expand on the various ways one can add value to a distressed company as a board member. We look forward to hearing from: - John Melko (Moderator), Foley & Lardner LLP - Susan Mathews, Baker Donelson - Drew McManigle, MACCO Restructuring Group, LLC - Dean Swick Please register at the link below if you have not had a chance to yet: https://lnkd.in/gbayuQYy #privatedirectors #houstonevents #pda

Have you registered for our October event yet? We’re excited to host a conversation focused on the challenges of guiding companies through financial distress. Family-owned businesses often don’t see trouble coming or choose to overlook it until it’s too late. Having a well-informed board that understands the strategies and resources available can make a huge difference in turning things around. Join us as we discuss how to realign struggling companies and set them back on track to achieve their goals. Don’t miss out! 📅 Event Date: Wednesday, October 23rd 🕒 Time: 4PM - 7PM 📍 Location: Wells Fargo Conference Center 1000 Louisiana St, 2nd Floor Houston, TX 77002 Register now! https://lnkd.in/gbayuQYy #Leadership #BusinessStrategy #FinancialDistress #BoardGovernance #FamilyBusiness #TurnaroundStrategy #PrivateDirectors

What an incredible event last night! We had an insightful conversation on the value a board brings to private businesses—and where it can sometimes hinder progress. Some key takeaways from the discussion include: • Less is more - Instead of overwhelming your board with a lengthy slide deck the day before a meeting, share a concise presentation that sparks healthy conversation and drives the company’s goals forward. • Clearly define the end goal - In PE-backed companies, a 3-5 year exit at a specific valuation is often the goal. But for long-standing family businesses planning their next phase, boards may struggle without a clear direction. • The right people matter - Your board should be made up of individuals who aren’t jockeying for managerial positions but are there to leverage their expertise and help achieve the company’s vision. • Foster an environment of respect - Disagreements are inevitable, but mutual respect ensures they remain productive and focused on business outcomes. Thank you to Summer Craig and Brandon Henry for sharing their insights and to Kim Denney for moderating the conversation. We are just getting started with our fall programming. Join us next month for a panel discussion on navigating the complexities of guiding distressed companies. Our panel of experts will offer practical insights on how to steer businesses through challenging times. Make sure to register through the link below! https://lnkd.in/gbayuQYy #BoardLeadership #Governance #PrivateBusiness #Networking #ProfessionalDevelopment #PDAHouston

Have you registered for tomorrow's event yet? This is one you will not want to miss. Michael Landers will be moderating a panel discussion with Summer Craig, Christopher V Havern, and Brandon Henry sharing their thoughts on the value a private board brings a business. Thank you again to BoyarMiller for graciously hosting us! Link to Register: https://lnkd.in/gdYcUpxf

🚨 Time to Register! 🚨 Join us as we kick off fall with a compelling discussion on the value a board brings to business. A special thank you to BoyarMiller for hosting this exciting event! 📅 Date: September 25th ⏰ Time: 4:00 - 7:00 PM 📍 Location: Boyar Miller, 29235 Richmond Ave, 14th Floor, Houston, TX 77098 Our panel will explore both governance and advisory roles and how each adds unique value. From offering strategic direction to assessing management’s ability to meet stakeholder needs, boards play a pivotal role in shaping business success. Meet the Panelists: - Summer Craig – Managing Partner, Craig Group - Christopher V Havern – Founder & Advisor, V-17 Advisory LLC - Brandon Henry – Founder & CEO, Mosaic Who should attend? This event is ideal for business owners, CFOs, directors, and executives. Members are encouraged to bring a board director or board-ready executive to experience the PDA community firsthand. Network with like-minded professionals, grow your connections, and stay updated on the latest industry trends. Enjoy drinks, light hors d’oeuvres, and enriching conversations. Don’t miss this exclusive networking opportunity! 👉 Register via the link in the comments. #PDAHouston #Networking #Leadership #BoardGovernance #ProfessionalDevelopment

Fall has officially arrived, bringing a full calendar of events for the Houston Chapter of the Private Directors Association! We recently kicked off the season with a fantastic members-only networking event at Kirby Ice House, where engaging conversations and shared laughter made for a memorable evening. Looking ahead, we’re excited to host an insightful program later this month focused on the value a board brings to a business. Be sure to mark your calendars for September 25th—registration details are coming soon! Thank you all for your continued support of our association. We can’t wait to connect with you again soon! #Networking #Leadership #PrivateDirectors #BoardLeadership #PDAHouston

We are just six days away from our happy hour next Wednesday at the original Kirby Ice House! Looking forward to gathering our members together for a relaxing evening of conversation and new connections. Registration Link: https://lnkd.in/gdeY-jYd

🎉 Exclusive Members-Only Happy Hour – PDA Houston Chapter 🍸 We’re excited to host a special Happy Hour just for our chapter members! It’s a great chance to unwind, catch up with fellow private directors, and enjoy some captivating conversations. 📅 Date: August 28th, 2024 ⏰ Time: 5:00 PM – 7:00 PM 📍 Location: Kirby Ice House – Upper Kirby, 3333 Eastside Street, Houston, TX 77098 This members-only gathering is the perfect opportunity to connect with like-minded professionals and strengthen our chapter community. Looking forward to an evening of great conversations and connections! Register here! https://lnkd.in/gdeY-jYd #PrivateDirectorsAssociation #HoustonEvents #Networking