Technology, Capital Markets, Corporate Governance, Leadership, Entrepreneurship
Tag: Boards
We Have Entered an Unprecedented Era of Shareholder Tolerance It is interesting that corporate boards and institutional investors are willing to tolerate “Distracted CEOs” and founder CEOs who wish to exercise outsized control of the companies they founded. Both are examples of poor corporate governance. Our definition of a Distracted CEO is the CEO that … Continue reading Distracted CEOs and CEO Overreach
GE CEO John Flannery has his work cut out starting with re-vamping GE's Board. Our advice? 100% of GE's BoD members should have experience within the industry verticals GE cares about. Equally important - GE BoD members should consist of a mix of Insiders and Outsiders with the weighting in favor of Insiders. More detail … Continue reading GE’s Board Is A Mess
The Three "I"s for Selecting Board Members: 1.) Intellectual Curiosity 2.) Industry Experience 3.) Inquisitive IBM lacks Board members that have Software industry experience other than CEO Ginni Rometty. We recommend that IBM turn over its Board and replace BoD members with new members who have significant Software industry experience given that Software - particularly … Continue reading The Three “I”s for Selecting Board Members
For those whom don't know, the photo is of late/great Intel early employee (technically not a co-founder) and former CEO Andy Grove. What is the most important factor in identifying companies that will be successful over time? Answer: the senior leadership team. Quality leaders should be offended when they are referred to as “managers”. … Continue reading Senior Leadership Teams Influence A Company’s Success (or lackthereof) More Than Any Other Variable
Below is a post I wrote late last night and published to LinkedIn under CEORater. The post was in response to a Wall Street Journal article published about the use of an executive jet by former GE CEO Jeff Immelt which was not reported to the company's Board. Short story is that too much is … Continue reading GE & Air Immelt – Have A Fleet of Planes – So Long as You Are Outperforming
