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That's what I assumed. The only BoD whose operations I am intimately familiar with has a ...slightly smaller...market cap. In that place, the BoD is basically
by oh_sigh 4y ago
That's what I assumed. The only BoD whose operations I am intimately familiar with has a ...slightly smaller...market cap.
In that place, the BoD is basically networking central - people get put on the board if the company thinks their connections will help the company out. I suppose they also weigh in on important decisions, but bringing along their Rolodex seems like the reason they are there (and I was assuming that is not so important when you are a $40B+ globally known company)