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I have no issues with John Hennessy, but I’m surprised they didn’t give the chairman position to Larry Page, who’s CEO and a Co-Founder. I wonder what’s prevent
by baldajan 9y ago
I have no issues with John Hennessy, but I’m surprised they didn’t give the chairman position to Larry Page, who’s CEO and a Co-Founder. I wonder what’s preventing him from taking over full control...
- BooneJS 9y agoSarbanes-Oxley Act strongly encourages non-Employee Chairman of the Board. It’s the direction that well-governed companies are moving.
- deleted 9y ago[deleted]
- samfisher83 9y agoPaige and Brin have enough voting power to pretty much make any major decision.
- polskibus 9y agoHow much power exactly? Or do they own some special shares that don't need majority to rule?
- zerocrates 9y agoTogether they control over 50% of the voting power. They both own substantial amounts of Class B shares, which aren't available to the public and carry 10 votes per share.