Why Boardroom Performance Group?
The late 1980s and early 1990s was a troubled period for the banking industry with investors, regulators, and directors all demanding immediate action. Larry Cabaldon was among the top-level advisors then engaged by some of America’s biggest banks to conduct performance and talent analysis of major divisions and subsidiaries. Based on these successful projects, he was referred by the California Bankers Association, accounting, and law firms to community banks, regulators and investors to implement ‘Board Turnaround’ programs and he was successful in creating innovative ways not only to assess but implement major changes in attitudes, behaviors, and results – generally within 90 days. Utilizing his expertise in human resources, executive search and individual and group motivational techniques, Larry’s challenging approach was to focus executives and directors on “high performance” in operations, acquisitions, mergers, and consolidations in order to meet their fiduciary responsibilities.
In 2008, anticipating today’s economic difficulties, Larry formed Boardroom Performance Group for the purpose of bringing investors, board members, and executive teams together to recognize a simple reality: everyone in the Boardroom needs to raise their level of performance to aggressively respond to the board pressures caused by the economic crisis.
Sample Client Services Rendered:
- Financial institution board turnarounds on behalf of investors and regulators
- Evaluation of operating issues and selection of executives and board members in mergers, acquisitions, and consolidations
- Board and executive assessments for performance improvement
- Private company acquisition, investment, and talent assessment for potential investors or company owners wanting to maximize value for an exit transaction
- Organizational effectiveness for county commission, not for profit executives and stakeholders and plan to raise the performance bar, maintain funding, gain community support, develop leadership, and improve governance.
He has assessed over 1000 executives and 300 board members. Previously he was Director of Executive Search for PricewaterhouseCoopers and a Director of Human Resources for a 400 employee one-bank holding company. He started his career with Union Bank with a group of 50 management trainees, many of whom moved to top management positions at Wells Fargo as described in the book “Good to Great”. He was a director of the Forum for Corporate Directors for 14 years, the largest independent director group providing director forums, education and recognition. He was President of USC Commerce Associates. He helps boards/executives, regulators, investors, private equity firms, acquirers, venture capitalists, private companies and non-profits benchmark performance, select and maximize talent, improve results, and facilitate transactions that create value.
Managing Director and Co-Founder
Drawing on her world class background in project management, quality and supply chain expertise, Pat brings unique, powerful performance standards into the Boardroom. She has a master’s in quality and wrote her thesis on an online Virtual Baldrige System. She was honored as one of the high-performance women at Boeing, selected for a two-year special assignment at corporate where she attended Stanford, Wharton and other executive development programs. Pat was on the Boeing C-17 team that won the coveted Malcolm Baldrige Quality Award.
Patricia served on the board and was President of the 1200 member Boeing Leadership Association. She has taught seminars for Boeing, universities, organizations, and small groups.
Most recently Pat and Larry conducted the Fourth Annual Global Unity Summit, a two-day community transformation event using corporate leadership/governance and wisdom principles in The Bahamas.