Gretchen Morgenson, a NY Times columnist, reports that shareholders are speaking out more than ever as they seek to hold directors accountable. It’s a welcome trend, as we know that too many directors are really just cronies of the owners and don’t provide the unbiased, independent feedback that’s expected of them.
As you build your own Boards of Directors or Advisors in the middle market, make sure that your candidates will have time to pay attention and that you can depend upon them for direct and candid counsel. Otherwise, don’t bother. You can agree with yourself all by yourself!
Welcome to Exkalibur. I’m Lary Kirchenbauer, President of Exkalibur Advisors, Inc. Please take advantage of our resources to help you build your business ... and let me know what more we can do to serve you.
Read my latest column from the NY Times affiliate, the North Bay Business Journal.
In my former position as a tax partner at KPMG, LLP, I worked closely with Lary on the tax aspects of the plethora of business issues that arise in the life cycle of a start up company. It was unusual to see a senior finance person demonstrate a seasoned business acumen in identifying issues and opportunities, grasping the technical issues, resolving obstacles and implementing change.
Jeffrey Bergmann, V.P. Worldwide Tax, VeriSign, Inc.
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