Brenda Newberry’s View from the Boardroom
Independent Director - Spire (formerly The Laclede Group)
CEO - Nesher, LLC
Former Independent Director - Enterprise Financial Services Corporation
Founder & Retired CEO and Board Chairman - The Newberry Group
What made you decide that you wanted to become a corporate board member?
Having served on nonprofit boards for over 10 years, along with my background with 6 years in the US Air Force, years as corporate executive, and founder, CEO and chair of a tech company, I aimed to leverage my experience and contribute in a more impactful way.
Once you decided to work on getting onto a corporate board, what were some of the first things you did?
I started researching how board seats are filled and discovered that all boards make their succession information publicly available, including details on their board skills, board terms and mandatory retirements. This information helped identify industries of interest that required my skills and expertise, ensuring no conflict with my current position. Additionally, focusing on boards with members nearing the end of their terms or retirement provided a clearer path for targeting opportunities.
How did you get connected to your first board seat?
Over the many years of nonprofit board service, I had the chance to work alongside public board members and CEOs serving on the same nonprofit boards and committees with me. Chairing various committees allowed them to see firsthand how I might contribute, add value, and align with their board’s needs.
How long did it take you to get your first corporate board seat after you started devoting time to the process?
I did not devote time to the process of becoming a board member. I focused on growing my company, developing a solid brand of integrity and commitment to performance while also doing the same in the large nonprofit segment on which I served.
What steps did you take to prepare for the board interview process that benefited you most?
When I was approached about interviews, I reviewed the company’s proxy, annual reports, the current board makeup, news and other relevant and available corporate information .
What characteristic or behavior do you believe was critical to your success in landing your first board role?
Through my continuous service on nonprofit boards and their committees, others were able to observe my integrity, values and character, my belief in continuous improvement and my expertise in technology & cyber security
What has surprised you about the reality of board service versus the expectations you had going in?
Due to the 10+ years of nonprofit board and committee service teamed with my time in the US Air Force, major corporations, and as an entrepreneur, CEO and board chair, I was familiar with the reality of board service.
How do you feel your board service complements or enhances your professional career?
It helps one engage in continuous learning from each board and committee, as the business dynamics are constantly evolving due to the influence of peers, M&A activity, changes in legislation, world events and shifting business expectations and environments.
What is the one essential piece of advice you’d offer to senior level executives pursuing their first board seat?
Focus on fit, the corporate skills needed and where you would be able to add value.
What is a favorite quote that inspires you?
Whatever you do, work at it with all your heart, as working for the Lord, not for man. Colossians:3:23
Complete this sentence: “I wish I had more time to…”
Spend time with and travel much more with family
