Monday, August 16, 2004

How many Boards does a director serve on? Too often the answer is too many!

Forbes has an interesting, albeit short, article that identifies 12 people who are on the boards of five or more S&P 500 firms.

Why might this be a problem? Board Members are supposed to oversee the firm's management and look out for shareholders' interests. Being on several boards can take up much time. As the article reports:
Forbes.com: "Just showing up takes 180-200 hours a year [per

0 comments:

Post a Comment