August 27, 2020
Draper and Kramer Inc. said its board of directors has been recognized with a 2020 Private Company Board of the Year Award, honoring excellence in corporate governance.
Conferred by “Private Company Director,” “Directors and Boards” and “Family Business” magazines, the award spotlights private company boards that go above and beyond legal governance requirements and serve stakeholders through best practices in their structure and performance.
Among other things, the award cited Draper and Kramer’s board for providing counsel and suggesting benchmarks that improved company performance and for helping increase family engagement. Draper and Kramer is family-owned, and the board is majority-independent, with six independent members and three family members serving, in addition to the company’s CEO.
“As a fifth-generation, family-owned company, Draper and Kramer owes part of its success over the past 127 years to the expertise and strategic input of our board,” said Todd Bancroft, president and CEO.
Pictured: Draper and Kramer headquarters at 55 E. Monroe.
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