VEA Vice Chair Nell Minow was quoted in a Washington Post story about the likelihood of splitting the Chairman and CEO positions at Facebook:
Minow predicted it was much more likely Facebook’s board would answer the call for more independent directors than it would be to demote Zuckerberg. The company has a lead independent director — Gates Foundation CEO Susan Desmond-Hellmann — and research is mixed on whether splitting the chairman and CEO truly has a real impact. What matters, she said, is “who is in charge of setting the board agenda, who assigns committees, and who assigns information sent out to directors.”
