Too often the case. A strong CEQ gets the board to nominate people
that the CEO can dominate. Not always the case. Fiona got bounced by
the HP board 8-) But she still collected big bucks 8-(. Given
enough time I can find dozens of examples of CEO's that were fired by
the board 8-) and hundreds that should have been. 8-(.
Dan
jim rozen wrote:
So a corporation has
a board of directors, who are suppose to supervise the CEO's. Again
the boards are human and don't always do a great job.
However if you look at the makeup of the boards, they do tend to
be other CEOs of other corporations. It's a mutual back-scratching
thing.
Jim
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