VEA Vice-Chair Nell Minow Quoted in Boston Globe Story on Over-Boarding

The Boston Globe reports that Jonathan F. Miller served on boards of “eight publicly traded companies in six cities that collectively hold more than 100 meetings a year. Those positions are expected to pay him well over $1 million this year. Miller also sat on 11 other boards of privately held and nonprofit enterprises, while holding down a day job as a partner in a Norwood venture capital company. And then there’s his second job advising a private equity firm in London.”

“I find it very hard to believe that anyone could adequately serve on that many boards,” said Nell Minow, vice chair of ValueEdge Advisors LLC, a Portland, Maine, firm that advises major shareholders. “No one has that much energy and attention.”

via Some corporate directors go “overboard,” joining many boards and raising performance questions – The Boston Globe.

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