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The Corporate Governance Team and Ice Hockey

  • stevenrubis
  • Jun 12, 2024
  • 2 min read



Capital Markets / Investor Relations in Two Minutes or Less

Corporate Governance as the Corporate Ice Hockey Team


#InvestorRelations and #CorporateGovernance represents the ultimate team sport in Corporate America.


The C-Suite, #Legal, and Investor Relations, must continuously work together in order to unlock shareholder value and obtain proxy proposal approvals from investors.


Continuing with the Ice Hockey analogy, the Corporate Governance Team translates:


C-Suite = Forwards


The C-Suite and Forwards for a hockey team typically consist of the Superstars. 


Whether you are a forward like Connor Bedard or Connor McDavid, or an accomplished CEO or CFO, you have to be the best in order to obtain and maintain your position. Executives close the impossible deal and drive growth over time.


The problem is that a superstar typically cannot execute and win without the right team or supporting cast, see the Chicago Blackhawks and Connor Bedard.


Legal = Defensemen


While defensemen help prevent shots on goal, the legal department helps prevent catastrophic downside risk for the Company and executives.


In conjunction with the right corporate governance vendors, they work to set up a foundation to help the C-Suite flourish with minimal downside risk to personal and company reputation.


Goalie = Investor Relations


The goalie for any hockey team represents the last line of defense, which often falls on Investor Relations in Corporate America.


Like the best goal tenders, the IRO and IR team, must be able to react quickly and often times make acrobatic saves as if it were normal course of business. 


Best-in-class IROs help further minimize downside reputational risk to the C-Suite and Company, while developing clear, concise, and thoughtful investor materials that creates an environment for the C-Suite to flourish with investors.


The Corporate Governance Salary Cap Problem


Often times, hockey teams and corporations try to get by with one or two components of the team outlined above. 


Typically, the hockey team or C-Suite will fall short of championship performance without a combination of all three components.


Combining a best-in-class C-Suite with best-in-class Legal, and best-in-class IR typically leads to championship and HOF caliber performance that investors expect, enjoy, and reward.


Incorporating best-in-class Legal and Investor Relations with an HOF C-Suite will always unlock shareholder value!


Fans can see this through the first two games of the Stanley Cup Finals. 


Florida continues to benefit from Sergei Bobrovsky’s out-of-this-world goaltending.


Given “Bob’s” performance level, my prognostication is that Florida sweeps Edmonton for the Stanley Cup.


A team with a shutdown goalie, or in Corporate America, a shutdown IRO, will nearly always win championships and unlock shareholder value!

 
 
 

3 Comments


JeffreyCRamos
6 days ago

I love the hockey-team analogy for corporate governance—seeing the C-suite, legal, and investor relations as coordinated lines makes the proxy process feel tangible. The post also highlights a real dynamic: even a “superstar” executive needs the right supporting cast to consistently win. If you’re thinking about governance through a practical lens, this is a strong, accessible read. On a lighter note, the mention of anonymous browsing made me think about how employees often need safe access to information while doing their due diligence; SiteProxy seems like it could fit that need.

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damede6599
Apr 24

I really enjoyed the ice hockey metaphor—it makes corporate governance feel tangible and show how the C-suite, legal, and investor relations must coordinate to earn trust and secure proxy proposal approvals. ProxyOrb as a free web proxy could be a helpful utility when investor materials are hosted on dynamic sites, but the bigger takeaway is alignment and execution.

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Halena Pill
Halena Pill
Feb 06

Such a thoughtful perspective connects leadership discipline with on-ice strategy, showing how values translate across arenas. The insights around Workers compensation collections in California fit naturally, reinforcing accountability, teamwork, and governance lessons echoed through ice hockey.

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