One of the key ways a board exerts control through it’s ability to be able to fire a CEO. The ability to threaten to fire the CEO is also important. The new board likely can do neither.
You seem to argue that there’s something positive that the board can do.
One of the key ways a board exerts control through it’s ability to be able to fire a CEO. The ability to threaten to fire the CEO is also important. The new board likely can do neither.
You seem to argue that there’s something positive that the board can do.