Re: Interesting ... ;-) Message #6 Posted by John Cadick on 13 Sept 2006, 3:50 p.m., in response to message #5 by Bruce Horrocks
Come on folks . . . Let's not fall into the all too common habits of:
1. Believing everything we read in a sound bite article
2. Finding people guilty before the facts are known.
In the first place, Dunn was our hero until recently because she was one of the directors that was instrumental in ousting Carly.
In the second place, a lot of the leaks from the Board were the source of the information on things like the infighting that went on during Carly's fight with the Hewlett family.
In the third place the major information leaker (Keyworth) was asked to step down last May and he refused. (Remember that the Chairman cannot fire board members. Only shareholders can do that). Applauding him for stepping down now is silly.
In the forth place the article that is cited here makes it sound like Hurd is responsible for everything that happens. However, Hurd is NOT responsible for the operation of the board of directors unless he is the Chairman. Which he has not been. If the then Chairman (Dunn) decided to look into board room leaks (something that was her responsibility) The CEO cannot do anything about it unless the Chairman asks him to. The CEO is, in most companies, elected by the board of directors and serves at their pleasure. Not the other way around.
The CEO does have full responsbility for running the company and making day to day decisions, formulating and executing company strategies and supervising ALL other personnel. He/she does not supervise the board. Rather the board supervises the CEO.
Finally (and then I'll shut up) I really don't know who the good guys and bad guys are here. The point is that right now, nobody knows. Until the actual facts are sorted out, anything you read in the paper is purely opinion. So please don't make assumptions.
'Rant' PURGE
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