What Does Good Board Leadership Look Like?
Meet William D. Zollars:
William D. Zollars is the former Chairman, President, and CEO of YRC Worldwide. He currently serves on the Board of Directors for Cerner Corporation, ProLogis Inc., C2FO, Restone Logistics, and Main Street Data, an Agtech company. William received a bachelor’s in Economics from the University of Minnesota.
William D. Zollars’ focused conversation explores retirement, board membership, and leadership during an acquisition.
- Different Types of Board. Public companies have a straightforward fiduciary duty for their shareholders. Not-for-profit and government boards are more complicated. There are more political implications and more potential stakeholders.
- Qualities of Good Board Members. Different skill sets are needed for different boards. However, Williams shares the qualities board members consistently need: to be engaged, have a high level of integrity, and the ability to work well on a team.
- Acquisition. William has been a part of multiple acquisitions and knows that there is no substitute for clarity. Asking detailed questions prevents misconceptions and sets clear expectations.