2 ms·
Often the CEO is so influential they get to pick the board, especially if the CEO is also a large shareholder. Even if they're not in as dominant a position th
by astrodust 11y ago
Often the CEO is so influential they get to pick the board, especially if the CEO is also a large shareholder.
Even if they're not in as dominant a position they can pressure out the less desirable members of the board and install those that are more sympathetic.