Since the 1950s, our policy has been that there…
Since the 1950s, our policy has been that there will always be more outside directors on the board than family members. Outside directors interview family nominees and decide who will be on the board. This selection process avoids hard feelings among family members; for example, they can't accuse another member of vetoing their favorite candidate
— from True North (Ethics, Integrity, Truth, Values)
Also belongs to
- Family & Parenting (Family/Parenting)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)
- Leadership & Business (Leadership/Business)
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