In this episode of Across the Board, I visit with Henry Wolfe, Chairman of De La Vega, Activist Investor and Author of Governance Arbitrage. We take a deep dive into his recent article; Director Selection Criteria at Public Companies is Poor – Here’s How to Fix It.
Some of the highlights from the podcast include:
· The GE Board was classic for diversity and captains of industry. What was wrong with it?
· Where did the requirement for Board independence come from? Why is it the wrong question to ask?
· What is glaringly missing from Board selection today?
· What 3 categories do you suggest (at a minimum) for Board selection?
· What 2 characteristics do you believe every Board member should have?
· Why is competence the key requirement for Board membership?
Check out a copy of Wolfe’s article Director Selection Criteria at Public Companies is Poor – Here’s How to Fix It by clicking here.