Keith Buckley, CEO of Zytec Systems, discusses the importance of governance in private equity. Bob Craycraft, CEO of Cadence Petroleum Group, shares strategies for navigating sponsor relationships and setting realistic expectations. Heather Zorge, CFO of Hippo Veterinary Group, emphasizes balancing different agendas to forge constructive partnerships. The panel delves into communication strategies, authenticity in hiring, and managing underperformance, highlighting that transparency is key to successful sponsor-executive dynamics.