Governance can take on a different meaning in private, private equity, and family owned businesses. Come hear an all-star panel of interviewers and panelists take on some of the predictable, unpredictable, and delicate nuances peculiar to companies not in the public space. How much Governance do you (really) want to put in there? Are you willing to pay for the higher standard of SOX compliance? Why are family and private companies intimidated by private equity? How does the Next Gen deal with the transient role of the Founder? What does Private Equity look out for when buying a family business? These topics, plus questions from the audience.
Mike Lorelli is an Operating Partner at Falconhead Capital, and Director of Rita’s Italian Ices, iControl, CP Kelco, and Axxun. He served two ‘Tours of Duty’ as a PepsiCo president, running both domestic and international units, and later led four CEO engagements for private equity firms including Riverside Company, Rutledge Capital, Pouschine Cook, and Falconhead Capital. His experience includes three public companies where he also chaired their Compensation Committees, and seven private company Boards. Mike is also a NACD Connecticut Chapter Director.
Retired Executive Vice President, and Director of $2 billion revenues Lane Construction Company, a 125 Year old, family-owned Heavy Business, specializing in Heavy & Highway Construction in both the United States and International. During his tenure as a Director of Lane Industries, he was instrumental to the growth and transition of the Board from a Family Legacy Board, to that of a fully functioning “state of the Art” Board, complete with Independent Directors, and functioning Board Committees essentially in line with SOX requirements for Publicly Traded Corporations, and served on the Audit Committee, Compensation Committee, and the development of the Governance Committee.
Rob has been dedicated to private equity investing for 29 years and has served on the Board of Directors of many family and management-owned businesses. He co-founded Capital Partners’ lower-debt, cash-yielding buy-out model in 2004 and has led efforts to raise over $1 billion in equity for the firm since then, including its most recent committed fund of $600 million. Previously, Rob was a Partner with Saugatuck Capital and Rutledge Capital in Connecticut and he began his career with Brown Brothers Harriman & Co. in New York. Rob holds a B.A. from Middlebury College and an M.B.A. from Columbia University.
Mr. Markby is an experienced independent director and “financial expert” serving on private and public company boards in a variety of industries. He currently serves on the Board of Momentive Performance Materials, Siguler Guff Small Business Credit Opportunities Fund, Inc., Thiele Kaolin Company and represents JPMorgan Chase’s investment at Ligado Networks [formerly LightSquared] where he serves as a board observer and holds their voting proxy. Previously Mr. Markby served on the Board of Altegrity, TwentyEighty, SP Fiber Holdings [Chairman] and NewPage Corporation.
Werner von Pein is a Chief Executive Officer with broad and extensive experience in quickly identifying revenue and profit platforms as a foundation for exceptional enterprise solutions. He has led global Fortune 100 Consumer and B2B companies located on five continents and he is fluent in four languages. Werner is skilled in public as well as family company challenges. In family business environments, he concentrates on building a team and plan of succession to secure continuity and growth in a professional manner.
Ralph Volpe is a Senior Assurance Partner in the Connecticut practice of RSM US, LLP with over 40 years of experience serving a diverse clientele of privately held and SEC reporting financial institutions, biomedical companies, manufacturing and distribution companies and broker-dealers. He recently completed his service as the Connecticut Assurance Practice Leader, is currently the Connecticut SEC practice leader and serves as the firm’s Financial Institution Practice Leader for the Northeast Region. Ralph recently completed his term as the lead client service and assurance partner for the Financial Accounting Foundation, which is the parent organization for the Financial Accounting Standards Board.