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Yeah, no kidding. I have a hard time believing that the way corporate board seats are filled has anything to do with maximizing the performance of a company. It
by bandyaboot 3y ago
Yeah, no kidding. I have a hard time believing that the way corporate board seats are filled has anything to do with maximizing the performance of a company. It seems like it’s just an entrenched, unspoken agreement among the executive class to keep their pockets filled with walking around money—or private-jetting money in their case.
- lesuorac 3y agoI'm sure there's a bit of that but I think for most companies it's a way to get the foot in the door at another company. If you think company B could use your services then company A can ask their board member who just happens to also be on company B to push for it.