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Old 1st Jul 2020, 11:30
  #81 (permalink)  
Sunfish
 
Join Date: Aug 2004
Location: moon
Posts: 3,564
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Blackout, the number of people with the skills and experience to be a director of a public company are limited. Then there is the little matter that Directors are not hired, they are voted by shareholders.

If I am a big superannuation fund, invested in multiple companies, I will have a “stable” of reliable proven directors that I am happy will protect my interests. That is why you see multiple directorships. I say again, Directors are not hired, they are appointed. they are not employees.
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