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"Pearson had a 50% stake in the Economist but only 6/13 board seats." And the board isn't even that powerful, it needs consent from the Trustees for many thing
by ucaetano 11y ago
"Pearson had a 50% stake in the Economist but only 6/13 board seats."
And the board isn't even that powerful, it needs consent from the Trustees for many things, such as appointing the editor and the chairman:
http://www.economistgroup.com/results_and_governance/trustees.html http://www.economistgroup.com/results_and_governance/trustee...