Director's Dilemma

Open Chair Role Spurs Tension Among Directors, Shareholders

By Stephen Dallamore, Julie Garland McLellan, and Tracy Morgan

02/15/2022

Board Dynamics Directorship Magazine

The dilemma: Lloyd is a director of an incorporated joint venture (JV) where all the directors are nominees of the shareholders. The market for the company’s product is growing strongly; profits are slightly above the original forecasts but are now limited by capacity constraints...

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This article is from the Winter 2022 issue of Directorship.