3 ms·
Wall street is full of corporate board members being very critical of ceo's approach and therefore driving sales of divisions, assets, layoffs, etc. that's one
by barkingcat 3y ago
Wall street is full of corporate board members being very critical of ceo's approach and therefore driving sales of divisions, assets, layoffs, etc.
that's one of the fundamental jobs of the board: to be critical and to guide direction, especially if the direction is different from what is happening at the moment.
and yes, multiple Ford board members were/are extremely critical of Ford's approach to cars and are very public about it. That's why multiple CEO's were sacked, and even members of the Ford family are not spared from criticism from the Ford Board.