Wolfe Tone & Heather Gates (Deloitte): Insights on Private Company Governance

Wolfe Tone is the leader of Deloitte Private for the US and globally, and Heather Gates is the national Emerging Growth Company (EGC) business leader for Deloitte, overseeing the firm’s EGC, Private Equity, and Deloitte Private Audit & Assurance teams. We dive into governance practices in privately-held businesses, covering closely held corporations, LLCs, family-owned enterprises, and VC- and PE-backed companies. Additionally, we explore insights from Deloitte’s 2024 Private Company Outlook Survey, the role of independent directors, and the evolving landscape of ESG and cybersecurity. Finally, we discuss the rise of public benefit corporation structures in AI companies, board-driven talent management, and trust as a core tenet of governance. If you like this show, please consider subscribing, leaving a review or sharing this podcast on social media. You can also contribute as a Patron on the link patreon.com/BoardroomGovernancePod or you can subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com This podcast is sponsored by the American College of Governance Counsel.