Private Directors Association
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Webinar | Due Diligence for the Board Member
Thursday, February 09, 2023, 1:00 PM - 2:00 PM CDT
Category: Chicago

Due Diligence for the Board Member

11:00 AM - 12:00 PM (Pacific)
12:00 PM - 01:00 PM (Mountain)
01:00 PM - 02:00 PM (Central)
02:00 PM - 03:00 PM (Eastern)

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Zoom invitations will be shared the day before the event.

Overview

Business professionals may find many advantages to embarking upon a board portfolio career. In this webinar, experts Sally Washlow and Elaine Vorberg will explore the careful and thoughtful due diligence that a successful board member must take at all stages of board service. Topics to be covered include: the application process; due diligence after an offer is made; what to look into during the decision-making process (fiduciary duties and “business judgment rule”; special due diligence situations (major transactions, employee benefits, and benefit corporations); and prospective executives and board members

Thank you to our National Sponsors

Panelists

 

Elaine S. Vorberg, Esq.
Partner
McCarthy Duffy LLP.

Elaine is a trusted business advisor and attorney, with 25 years’ experience delivering practical guidance to middle-market businesses, through growth and transition. She is a Partner with McCarthy Duffy LLP, in Chicago and leads the firm’s Private Investment practice, guiding clients on a wide range of matters, including enterprise funding and structuring, risk mitigation and corporate governance.

Elaine is an active member of PDA Chicago Chapter, as a member of the Program Committee Co-Chair of the Nomination and Governance Committee. Elaine also serves as General Counsel and Corporate Secretary, for PDA National.

Elaine earned a Bachelor of Science in Economics from Purdue University and a Juris Doctor from the University of Illinois College of Law. She is licensed in Illinois and Florida and has been admitted to practice in several federal and state courts throughout the country.

Elaine loves cooking, gardening and active travel with her husband and son.

           

Sally Washlow
Independent Board Director and LHH ICEO Practice Lead  

Sally currently serves on the boards of public (NASDAQ listed) and private companies in the various capacities such as Board Chair, Audit Committee member, Compensation Committee Chair and Nominating and Governance Committee Chair.  Sally is active in many organizations such as the Past President of the Private Directors Association, Chicago Chapter and previously on the Board of Industry Leaders for the Consumer Technology Association.  She also belongs to Women Corporate Directors, the National Association for Corporate Directors and Milwaukee Women Inc. Sally also leads the Midwest Practice for the International Center for Executive Options, a boutique practice within LHH, a global talent advisory firm, serving C-suite executives in career advisory services. In prior roles, Sally was President and an Officer of Cobra Electronics (COBR), and CEO of Cedar Electronics a PE backed holding company for the Cobra and Escort Brands and held various management positions at Motorola and LG (Zenith) Electronics. Sally has an MBA in Marketing from DePaul University, and a BA in Supply Chain Management from Michigan State University. 

Moderator

           

Mary M Collins
Principal
Mary M Collins Advises

Now running her own advisory business and participating as the “Managing Media” guest columnist for TVNewsCheck (https://tvnewscheck.com/), Mary M. Collins was President and CEO of the Media Financial Management Association (MFM – formerly known as BCFM: Broadcast Cable Financial Management Association) and its Broadcast Cable Credit Association (BCCA) subsidiary through September 30, 2021. A media industry veteran with 25-plus years’ experience, Collins joined MFM/BCCA in January of 2003. Under her leadership, Collins and her staff increased the associations’ focus on members’ needs resulting in an increase in MFM memberships, growth in registrations at the associations’ annual conference – Media Finance Focus – and an increase in gross revenues for BCCA. Collins earned an MBA in Marketing and Policy Studies from the University of Chicago and received her BA, Magna Cum Laude, from William Smith College in Geneva, NY.

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