> Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)? There was a five-year period for the changeove

> Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)? There was a five-year period for the changeover, so under most circumstances, natural fluctuation would have eliminated all need for firing. Some companies could have also had the possibility to increase the board's size. But yes, ultimately some firings may have been required. But note that a seat on the board isn't much like a typical job. Board members almost always have a real job, are retired, or sit on multiple boards.