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Warren Buffett has the best thoughts on this. Highly recommend reading his essays. Companies should be run by boards with experience. These boards have a duty
by stanfordkid 8y ago
Warren Buffett has the best thoughts on this. Highly recommend reading his essays.
Companies should be run by boards with experience. These boards have a duty to understand the company holistically.
Unfortunately diversity police and compensation consulting committees seem to be the future of executive pay -- what a sad state of affairs.
- vannevar 8y agoThese boards have a duty to understand the company holistically. Agreed. This is a good argument for limiting participation on multiple boards. 'One director, one board' would encourage more board focus on the companies they direct, and also open up more board seats generally for greater diversity in corporate governance.