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How do you fire any one as a board member? Your only input is the vote and if the CEO control the majority of votes, your vote is meaningless.
by kooshball 10y ago
How do you fire any one as a board member? Your only input is the vote and if the CEO control the majority of votes, your vote is meaningless.
- MertsA 10y agoIt's not always that simple though. Kalanick can't just do whatever he wants with no fear of other shareholders intervening. See Dodge v. Ford: https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.