In a presentation at the International Association of Interim Executives at the Four Seasons today, Prism Capital partner Stephen Vivian spoke about the unique nature of private equity boards. “The independent directors of private equity boards are much more immersed in active engagement with management, coaching them, mentoring them as they focus relentlessly on business strategy. ”

Often characterized as “player-coaches,” these independent directors play an important role in taking the company to the next level. Continue reading →