As David Blumenstein has succinctly described in his CEO Message, The Segal Group continues to support its longstanding mission of providing “trusted advice that improves lives.” And as Chairman of our Board of Directors, I can assure you that our Board fully supports that mission.
The primary role of our Board of Directors is to provide support, and sometimes guidance, to our CEO, while also providing oversight on behalf of our shareholders.
Some of the specific responsibilities of our Board of Directors, as stewards of The Segal Group, include monitoring the Firm’s and the CEO’s performance, working with the CEO in setting the long-term strategy and approving major investments. It is not the role of the Board of Directors to engage in the management of the Firm.
And again, to borrow from our CEO’s message, our Board has only one true job and that is to contribute to the success of The Segal Group, which, in turn, contributes to the success of our clients.