The Board Meeting

Bright and early the next morning, Tom showered, ate breakfast, and drove to the Pittsburgh Airport for his trip to Chicago and his meeting with the Board of Directors. After an uneventful flight to Chicago, Tom picked up his rental car and drove to the Board’s headquarters. He checked in with security, and the guard called Jonathan Briggs, the Board Chairman. Jonathan arrived shortly thereafter, and the two of them took the elevator to the conference room. Jonathan introduced Tom to the rest of the Board members, and Jonathan began.

“I want to first thank everyone for inviting me to come to Chicago to give you an update on the four portfolio companies,” Tom said. “While I haven’t been working with these four companies ...

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