Jeff Cronn Leads Conversation on Non-Family Board Members for OSU

Tonkon Torp attorney Jeff Cronn led a session on the value of outside board members for family business owners at a recent “Family Business 360” event, hosted by the Austin Family Business Program of Oregon State University. Jeff gave examples of how outside directors can bring valuable knowledge of industry best practices, balance the interests of active and passive family shareholders, reenergize a business strategy, navigate generational transitions and succession planning, and address and resolve ingrained conflict among family members. He also shared insight on finding and compensating outside directors, and ways to measure contributions made by non-family board members.

Jeff also spoke on this topic in an episode of the Family 360 podcast hosted by the Oregon State University College of Business.

Family Business 360 is a series of educational programs offered by the Oregon State University Austin Family Business Program to business-owning families. Each breakfast session provides practical information on timely topics delivered by professional advisors and family business owners who share their experiences.

Jeff is a partner at Tonkon Torp, where he has chaired the firm's Business Department for more than 10 years. His legal practice emphasizes merger and acquisition transactions, shareholder transactions and disputes, and a range of corporate and business matters.

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