Seasoned Real Estate Expert and Industry Servant Leader, Supply Chain Practitioner, Lifelong Student, Author, Endurance Sports & AI Enthusiast, Coach, Proud Dad
During my career, I have had the distinct honor and privilege of serving on several boards. As a Board member, our fiduciary responsibility is always to the members, investors and/or shareholders. An excerpt from this Op/Ed piece in the The Wall Street Journal: — ‘The board’s apparent failure to consult investors before removing Mr. Altman doesn’t build confidence in its oversight. The corporate good-governance crowd hails “independent” boards, but OpenAI shows this isn’t always a virtue… Microsoft has offered Mr. Altman a job, though this could be a negotiating tactic to get the board to bring him back. More than 700 of OpenAI’s 770 employees have threatened to quit unless the board resigns and reinstates Mr. Altman, which underscores how much goodwill he had at the company. What board seeks to destroy its own company? —- Call me crazy, but it appears this Board may have violated their fiduciary responsibility? 🤔💪🏼🇺🇸 #fiduciary #fiduciaryduty #boardleadership OpenAI https://lnkd.in/ge5D4t6R
