Dillon’s 12-person Board of Directors, elected by the over 359 employee shareholders of the firm, provides managerial oversight, approval of major policy initiatives and strategic direction of the firm.
In keeping with Dillon’s pursuit of innovation and excellence in everything we do, the composition of our board is unique in the consulting industry. Each year, a minimum of three individuals rotate on and off the board. This ensures that the directors represent the current preferences of shareholders, and that the perspective and knowledge gained from being a director is widely diffused through the organization. We avoid the “old boys syndrome” characteristic of too many firms.
The CEO of the firm is chairman of the board. The CFO is secretary-treasurer. These are the only two permanent positions on the Dillon Board of Directors.
While the primary accountability of the directors is to shareholders of Dillon, a special relationship is maintained with the partners of the firm, of which there are currently 49. Twice per year a partners’ meeting is held at which major policy questions, development initiatives and the strategic direction of the firm are openly discussed and debated. Through these meetings, management and the directors are able to ensure that the partners of the firm are fully informed of current directions and in turn can provide their input.