Was any board worse than Boeing’s in 2019? – Los Angeles Times

VEA Vice Chair Nell Minow is quoted in Michael Hiltzik’s story about the worst board of 2019.

This may have been overlooked, but the Boeing board of directors did Wells Fargo a big favor in 2019; it provided Wells’ directors with real competition in the race for the worst failure of leadership among major American corporate boards….

“This is the quintessential 1990s board,” says corporate governance expert Nell Minow. The board’s surfeit of directors from the finance side of business, she says, arguably leaves it without enough members who could “evaluate more than balance-sheet metrics.”

via Column: Was any board worse than Boeing’s in 2019? – Los Angeles Times

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