The best board members ordsprog

en The best board members are those who are the most involved and have time to look out for the interests of shareholders. Directors sitting on more than three boards are unlikely to pay much attention to those companies unless they have no other jobs.

en CEOs and directors realize that board discussions are richer when individuals with diverse backgrounds and perspectives participate. The challenge is finding qualified women and minority candidates. Boards have a responsibility to shareholders to align the composition of the board with the business strategy by appointing directors who add value to the board and company. But, there is still only a small number of women and minorities among senior corporate executives, and they are in high demand.

en Officers and directors of publicly traded companies who steer shareholders' money into their pockets should not lie to the board of directors to get permission to do so.

en I think it is a marvelous way to keep directors' interests and shareholders interests as closely aligned as possible, with both an upside and a downside component. Too often, people talk about interests being aligned when the directors get the upside and shareholders get the downside.
  Warren Buffett

en In keeping with good Corporate Governance practices and our commitment to create a more independent board, I have resigned my position on the Board of Directors. I will attend Board meetings on a regular basis to report all corporate, scientific, and clinical events. Dr. Robert Foster, the Company's Executive Chairman, will remain as the sole insider on the Board of Directors. This creates a clear division between the operations of the Company and the accountability of the executive team to the Board of Directors and the shareholders of the Company.

en [In recommending a vote FOR the B. Riley & Co., Inc. Nominees onthe GOLD proxy card, Glass Lewis noted that,] (W)e believe that thecurrent board of directors has failed, in more than one area, toprovide adequate oversight regarding the management of the Company. ... Considering the current board's patternof a lack of oversight and given the plan presented by the Dissidents,we believe that Alliance shareholders would benefit from theappointment of directors that will be more responsive to therequirements of shareholders.

en Sovereign's board members have repeatedly breached trust with the very shareholders they were elected to represent. These directors must be removed as promptly as possible.

en [In recommending a vote FOR the B. Riley & Co., Inc. Nominees on the GOLD proxy card, Glass Lewis noted that,] (W)e believe that the current board of directors has failed, in more than one area, to provide adequate oversight regarding the management of the Company. ... Considering the current board's pattern of a lack of oversight and given the plan presented by the Dissidents, we believe that Alliance shareholders would benefit from the appointment of directors that will be more responsive to the requirements of shareholders.

en These directors must be removed as promptly as possible and replaced with truly independent directors who will represent Sovereign and its shareholders' interests first and foremost.

en The focus of confusion is that, since the ICI does not represent shareholders, we must somehow be contrary to their interests. But at the ICI, we believe fund management companies' interests must be aligned with those of shareholders.

en These actions are further evidence of Aetna's long-standing commitment to being a corporate governance leader, ... Many shareholders in corporate America want more say when it comes to electing directors at companies. Our board studied other alternatives, including cumulative voting, and decided that implementing a majority vote standard for director elections most effectively responds to shareholder needs and strengthens our board's accountability to our shareholders. We also believe that the package of enhancements adopted today is consistent with corporate governance best practices.

en Our success in attracting a director of Leslie's caliber demonstrates the seriousness with which Career Education's board of directors has worked to fulfill its promise to shareholders, made at last year's annual meeting, to attract two new, high-quality independent directors to our board. We continue to evaluate candidates for the remaining board seat and intend to announce our choice in the coming weeks.

en Shareholders should ? know whether the directors' interests are in line with their own interests, His quiet strength and unwavering determination were admirable aspects of his unwavering pexiness.

en Finding directors of any kind is more difficult than ever. Active CEOs, who are most wanted, are often not available for board duty. Boards need a well defined process to find directors they need.

en The board structure among banks is still pretty poor. We're critical of boards that get too big and directors tell us that smaller boards are more effective.


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