May 30, 2023
As a key part of the leadership team at Compass, the Board of Directors plays an essential role in guiding the company's strategy, overseeing its operations, and ensuring compliance with ethical and legal standards. In this article, we provide an in-depth look at the members of the Compass Board, their qualifications, the company's diversity and inclusion efforts, as well as the selection process for newcomers. We also analyze the board's impact on company culture and values, how it ensures ethical and legal compliance, and the communication channels it uses to stay informed.
The Compass Board is made up of a diverse group of professionals with varied backgrounds and experience levels. It includes the company's CEO, Robert Reffkin, who is also the founder, and more than half of the board members are independent directors. Some of the current board members include Suzy Deering, Jonathon Ledecky, and Jack Leeney, among others.
Suzy Deering is the Chief Marketing Officer of eBay and has over 25 years of experience in marketing and advertising. She has previously worked with companies like IBM, Verizon, and Coca-Cola. Jonathon Ledecky is a co-owner of the New York Islanders and has a background in finance and investment banking. He has also served on the board of several other companies. Jack Leeney is a partner at the law firm Davis Polk & Wardwell and has extensive experience in corporate law and governance.
In addition to these members, the Compass Board also includes other notable professionals such as Maria Blair, who is the Chief Financial Officer of the company, and Ori Allon, who is the Executive Chairman and founder of Compass. The board meets regularly to discuss the company's strategy, financial performance, and other important matters related to the business. Their diverse backgrounds and expertise help to ensure that Compass is well-positioned for continued success in the real estate industry.
The Compass Board of Directors is structured to ensure that it can effectively execute its responsibilities, which include corporate governance, strategy formulation, and risk management. The board typically meets quarterly but may hold special meetings if necessary. Additionally, the Board has various committees, including the Audit Committee, Nominating and Corporate Governance Committee, and Compensation Committee, to assist in carrying out its duties.
Each committee is made up of a select group of board members who possess the necessary skills and expertise to oversee the specific area of responsibility. For example, the Audit Committee is responsible for overseeing the company's financial reporting and internal controls, while the Compensation Committee is responsible for setting executive compensation and ensuring that it aligns with the company's performance goals. By having these committees in place, the Board can ensure that it is effectively managing the company's operations and making informed decisions that benefit all stakeholders.
The Compass Board of Directors plays a critical role in ensuring that the company's strategy aligns with its values and vision. To achieve this, the Board works closely with the CEO and the management team to define the company's vision, mission, and goals, which can guide the organization's decision-making processes. The board's oversight role also helps ensure that the company is strategically positioned to remain competitive in an ever-changing market.
One of the key responsibilities of the Compass Board of Directors is to monitor the company's performance against its strategic goals. This involves regularly reviewing financial reports, operational metrics, and other key performance indicators to ensure that the company is on track to achieve its objectives. If the Board identifies any areas where the company is falling short, it can work with management to develop corrective actions to get back on track.
In addition to its oversight role, the Compass Board of Directors also plays an important role in shaping the company's culture and values. By setting the tone at the top and modeling the behavior they expect from employees, the Board can help create a positive and ethical work environment. This can have a significant impact on employee engagement, retention, and overall business performance.
Members of the Compass Board of Directors are chosen based on their varied experiences, skills, and qualifications. The board seeks individuals with expertise in areas such as finance, technology, marketing, and governance. Board members also bring diversity to the table, with respect to their work history, race, ethnicity, gender, age, and national origin. The Compass Board considers diversity and inclusion efforts an integral part of the company's values and success.
In addition to their professional qualifications, members of the Compass Board are also expected to possess strong leadership skills and a commitment to ethical business practices. They must be able to work collaboratively with other board members and company executives to make strategic decisions that benefit the company and its stakeholders. The board also values individuals who have a track record of community involvement and philanthropy, as Compass strives to be a socially responsible company that gives back to the communities it serves.
The Compass Board of Directors recognizes that diversity and inclusion are not just buzzwords but essential components of a successful organization. The company's board encourages inclusivity initiatives and policies by promoting diversity in its membership and encouraging open discussions among staff. This approach has helped Compass attract and retain top talent from diverse backgrounds, fostering a culture of innovation, creativity, and collaboration.
One of the ways that Compass promotes diversity and inclusion is through its recruitment process. The company actively seeks out candidates from underrepresented groups and provides equal opportunities for all applicants. Additionally, Compass offers training and development programs to help employees from diverse backgrounds advance in their careers.
Compass also recognizes the importance of creating a safe and welcoming environment for all employees. The company has implemented policies and procedures to prevent discrimination and harassment, and provides resources for employees who experience such incidents. By prioritizing diversity and inclusion, Compass is not only creating a better workplace for its employees, but also setting an example for other organizations to follow.
The Compass Board of Directors has had a significant impact on the company's culture and values by encouraging an open and transparent environment that fosters innovation, collaboration, and accountability. Through its committees and regular board meetings, the board has helped the company align its values and mission with its operations and decision-making processes. This approach has resulted in a culture that not only attracts top talent but also motivates employees to give their best and promotes high levels of productivity and job satisfaction, leading to overall company success.
One of the key ways in which the Compass Board has influenced the company's culture is by promoting diversity and inclusion. The board has made it a priority to ensure that the company's workforce is representative of the communities it serves, and has implemented policies and programs to support underrepresented groups. This has not only helped to create a more welcoming and inclusive workplace, but has also enabled the company to better understand and meet the needs of its diverse customer base.
Another way in which the Compass Board has impacted the company's culture is by prioritizing corporate social responsibility. The board has encouraged the company to take an active role in addressing social and environmental issues, and has implemented initiatives to reduce the company's carbon footprint, support local communities, and promote ethical business practices. This has not only helped to improve the company's reputation and brand image, but has also enabled the company to make a positive impact on society and contribute to a more sustainable future.
The Compass Board of Directors has continued to evolve over the years, adapting to changing business trends and market dynamics. The company's board has gone through various transformations to align with its strategic vision and goals, emphasizing the need for diversity and inclusivity. As the company grows, the board continues to play an essential role in guiding and overseeing its operations, ensuring that it operates within ethical and legal boundaries while promoting innovation, growth, and success.
One significant change in the Compass Board of Directors was the addition of independent directors. In 2015, the company appointed three independent directors to its board, bringing in fresh perspectives and expertise from outside the organization. This move was in line with the company's commitment to transparency and accountability, as independent directors are not affiliated with the company and can provide unbiased opinions and recommendations. The addition of independent directors has helped the Compass Board of Directors to make more informed decisions and improve its overall governance structure.
The Compass Board of Directors ensures ethical and legal compliance by setting clear policies and overseeing implementation to avoid any potential ethics violations or legal dilemmas. The board takes its role seriously, and its committees regularly review the company's policies and practices to identify potential conflicts of interest and compliance challenges. Through its role as a governing body, the board promotes ethical standards throughout the organization and ensures that its operations align with industry regulations.
Adding new members to the Compass Board of Directors involves a rigorous process that considers various factors such as experience, qualifications, skills, and ability to contribute to the company's strategic vision. The board's Nominating and Corporate Governance Committee assists in the selection process, identifying potential candidates and conducting due diligence on their qualifications and backgrounds. The Board's diversity and inclusion goals are also considered in the selection process to ensure that the company's values and mission are well-represented.
The Compass Board of Directors is committed to ensuring that the company remains competitive in the industry and is well-positioned for future growth. To achieve this, the board actively collaborates with the management team and stakeholders to develop and execute robust strategies that align with the company's vision and mission. This approach has helped Compass achieve significant milestones and remains confident about its future growth potential.
The Compass Board of Directors has made several critical decisions over the years to align with the company's vision and mission, promote diversity and inclusion, and address various challenges. The board's decision to go public through a special purpose acquisition company, for instance, has helped the company raise millions of dollars in capital while positioning it for future growth. Other key decisions include the appointment of Suzy Deering as a board member, an experienced marketing executive who provides valuable insights and expertise to the board and management team.
The Compass Board of Directors recognizes the importance of communication between employees and itself. To facilitate this, the board encourages an open-door policy and invites employees to share their thoughts, ideas, and concerns about the company's operations. The company's management team generally serves as an intermediary between the board and employees, ensuring that all messages are clear, concise, and conveyed accurately.
The CEO and members of the Compass Board have a close working relationship, which involves regular communication and collaboration to align the company's vision with its operational goals. The board supports the CEO in leading the company towards success, providing valuable insights and expertise to the CEO and other members of the management team. The CEO updates the board during quarterly meetings and ongoing communications on strategic progress and company developments.
The Compass Board of Directors seeks to learn from other successful companies with similar boards to improve its own governance structure and decision-making processes. The board recognizes that no organization is perfect but believes that learning from others can help create the best board and leadership structure possible. Through collaboration and shared experiences, the Compass Board continues to evolve, helping the company achieve its strategic vision and goals.
Overall, the Compass Board of Directors plays a critical role in the company's success, providing governance oversight, strategic guidance, and promoting values of diversity and inclusion. The Board is committed to ensuring that the company operates ethically and within industry regulations while fostering innovation, growth, and success.
See what you qualify for with our 2-minute assessment.
August 20, 2025
What Is the Role of an Emeritus Board Member?August 20, 2025
Understanding What Bylaws Are for a Nonprofit OrganizationAugust 20, 2025
Understanding the Responsibilities of a Board MemberAugust 20, 2025
Understanding the Different Roles on a BoardAugust 20, 2025
The Most Popular Board of Directors in the WorldAugust 20, 2025
The Lear Corporation's Board of Directors: An OverviewAugust 20, 2025
The Benefits of a Yellow Board of DirectorsAugust 20, 2025
The Benefits of Having a Franchise Group Board of DirectorsAugust 20, 2025
The Benefits of DEI Training for Nonprofit BoardsAugust 20, 2025
The Benefits of a Progressive Board of DirectorsAugust 20, 2025
The Ball Corporation's Board of Directors: An OverviewAugust 20, 2025
Stepan Company Announces New Board of DirectorsAugust 20, 2025
Stay Up-to-Date on Business Continuity NewsAugust 20, 2025
Ryerson Holding Announces New Board of DirectorsAugust 20, 2025
Meet Univar Solutions' Board of DirectorsAugust 20, 2025
Meet the Zions Bancorp Board of DirectorsAugust 20, 2025
Meet the Xylem Board of DirectorsAugust 20, 2025
Meet the Workday Board of DirectorsAugust 20, 2025
Meet the Woodward Board of DirectorsAugust 20, 2025
Meet the Williams-Sonoma Board of DirectorsAugust 20, 2025
Meet the Whirlpool Board of DirectorsAugust 20, 2025
Meet the Williams Board of DirectorsAugust 20, 2025
Meet the Weyerhaeuser Board of DirectorsAugust 20, 2025
Meet the WeWork Board of DirectorsAugust 20, 2025
Meet the Westlake Board of DirectorsAugust 20, 2025
Meet the WestRock Board of DirectorsAugust 20, 2025
Meet the Weis Markets Board of DirectorsAugust 20, 2025
Meet the Western Digital Board of DirectorsAugust 20, 2025
Meet the Welltower Board of DirectorsAugust 20, 2025
Meet the Waters Corporation Board of DirectorsAugust 20, 2025
Meet the Wells Fargo Board of DirectorsAugust 20, 2025
Meet the Walmart Board of DirectorsAugust 20, 2025
Meet the Wayfair Board of DirectorsAugust 20, 2025
Meet the Walgreens Boots Alliance Board of DirectorsAugust 20, 2025
Meet the W.W. Grainger Board of DirectorsAugust 20, 2025
Meet the Vulcan Materials Board of DirectorsAugust 20, 2025
Meet the W.R. Berkley Board of DirectorsAugust 20, 2025
Meet the Vroom Board of DirectorsAugust 20, 2025
Meet the Vontier Board of DirectorsAugust 20, 2025
Meet the Visteon Board of DirectorsAugust 20, 2025
Meet the Vistra Board of DirectorsAugust 20, 2025
Meet the Vista Outdoor Board of DirectorsAugust 20, 2025
Meet the Viasat Board of DirectorsAugust 20, 2025
Meet the Viatris Board of DirectorsAugust 20, 2025
Meet the Visa Board of DirectorsAugust 20, 2025
Meet the Veritiv Board of DirectorsAugust 20, 2025
Meet the Valvoline Board of DirectorsAugust 20, 2025
Meet the Valmont Industries Board of DirectorsAugust 20, 2025
Meet the Valhi Board of DirectorsAugust 20, 2025
Meet the Valero Energy Board of DirectorsAugust 20, 2025
Meet the USAA Board of DirectorsAugust 20, 2025
Meet the US Foods Holding Board of DirectorsAugust 20, 2025
Meet the Unum Group Board of DirectorsAugust 20, 2025
Meet the United States Steel Board of DirectorsAugust 20, 2025
Meet the United Rentals Board of DirectorsAugust 20, 2025
Meet the Universal Health Services Board of DirectorsAugust 20, 2025
Meet the United Natural Foods Board of DirectorsAugust 20, 2025
Meet the United Parcel Service Board of DirectorsAugust 20, 2025
Meet the Union Pacific Board of DirectorsAugust 20, 2025
Meet the Ulta Beauty Board of DirectorsAugust 20, 2025
Meet the UGI Board of DirectorsAugust 20, 2025
Meet the U.S. Bancorp Board of DirectorsAugust 20, 2025
Meet the Twitter Board of DirectorsAugust 20, 2025
Meet the Trimble Board of DirectorsAugust 20, 2025
Meet the Twilio Board of DirectorsAugust 20, 2025
Meet the Tutor Perini Board of DirectorsAugust 20, 2025
Meet the TrueBlue Board of DirectorsAugust 20, 2025
Meet the Travelers Board of DirectorsAugust 20, 2025
Meet the Travel + Leisure Board of DirectorsAugust 20, 2025
Meet the TransUnion Board of DirectorsAugust 20, 2025
Meet the Topgolf Callaway Brands Board of DirectorsAugust 20, 2025
Meet the Toro Company's Board of DirectorsAugust 20, 2025
Meet the TopBuild Board of DirectorsAugust 20, 2025
Meet the TJX Board of DirectorsAugust 20, 2025
Meet the Toll Brothers Board of DirectorsAugust 20, 2025
Meet the Timken Board of DirectorsAugust 20, 2025
Meet the Teradyne Board of DirectorsAugust 20, 2025
Meet the TIAA Board of DirectorsAugust 20, 2025
Meet the Thrivent Financial for Lutherans Board of DirectorsAugust 20, 2025
Meet the Tetra Tech Board of DirectorsAugust 20, 2025
Meet the Terex Board of DirectorsAugust 20, 2025
Meet the Tenet Healthcare Board of DirectorsAugust 20, 2025
Meet the Taylor Morrison Home Board of DirectorsAugust 20, 2025
Meet the Telephone & Data Systems Board of DirectorsAugust 20, 2025
Meet the TD Synnex Board of DirectorsAugust 20, 2025
Meet the Target Board of DirectorsAugust 20, 2025
Meet the Tapestry Board of DirectorsAugust 20, 2025
Meet the Sysco Board of DirectorsAugust 20, 2025
Meet the Synopsys Board of DirectorsAugust 20, 2025
Meet the Syneos Health Board of DirectorsAugust 20, 2025
Meet the Surgery Partners Board of DirectorsAugust 20, 2025
Meet the Super Micro Computer Board of DirectorsAugust 20, 2025
Meet the Sun Communities Board of DirectorsAugust 20, 2025
Meet the Summit Materials Board of DirectorsAugust 20, 2025
Meet the Stryker Board of Directors