----- Original Message -----
Sent: Monday, September 17, 2001 8:28
PM
Subject: [sharechat] Directors:The
quality of decision making : AIR
Yes, no doubt it is interesting to discuss
the facets of this problem. However, it tends
to start at Board Room level .
The question is: Will the present and
some Directors who have resigned, have had sufficient time or competence
to have made the right decisions?
I shall start the ball rolling by referring to
the number of Directorships, Sir Selwyn Cushing holds: More than
25, I believe. I would class him as a professional
director.
Presumably, he would not have to attend a monthly
meeting of each company, but it certainly is a lot of
companies, in my opinion.
Snoopy is more familiar with the Directorships
some are holding, perhaps he or somebody else can give us a list of
Directorships, some have. Anybody wishing to comment, please watch your
language!
There is good money in holding a lot of
directorships in my opinion. And a few bonusses make it all
worthwhile!
And Snoopy, once you hold 50
directorships, I shall support any nomination for an accolade!
Investors have a habit of criticising
Directors after something has gone wrong. I feel that they ought to put
more effort in preventing some from standing:
Gerry
See IRG research reports
