Charles Elson Directors Quotations

No director anywhere from this point on would want to put themselves through this kind of ordeal that the directors at Disney just went through for eight years. Now boards realize they must be more independent and circumspect.

The fact that directors might go without pay is meaningful. It shows, on the part of the directors, confidence that the company has a good future.

It's a novel idea. Where it's unique is that if directors don't meet internally based targets, they get nothing.

Because of a greater focus on governance, the resignation of a director certainly has a greater weight attached to it. Boards have greater power. In the past, directors just faded into the sunset.