In reading the news about Bank of America shareholders voting to strip Ken Lewis of his chairmanship title I wondered whether small companies need to think about such things. In small companies where the founder is typically CEO and chairman of the board, should those titles be separated?
John May, chairman emeritus of the Angel Capital Association and managing partner of New Vantage Group which creates and manages funds for angel investors, says that is an issue small firms need to think about. At the recent ACA summit in Atlanta, May says there were a lot of discussion around governance and what structure makes sense.
Do Entrepreneurs Need a Boss?
Posted by ferdinandtan under ManagementFrom http://www.businessweek.com 5479 days ago
Who Voted for this Story
Subscribe
“You are most welcome Gaurav....”
“transition plan is the first thing to start. Thank for sharing this...”
“I have been using Picuki, and other tools. But, I was not aware about IG...”
“I am not into Google Sites. I still and always prefer WordPress. Easy to...”
“Semrush is changing. And, I am following the path....”
Comments