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Thursday, July 29, 2021 12:02:20 AM
The pick of a BOD is extremely important in many ways
Since our BOD isn’t discussed here
Excerpt of a BOD executive duties
Directors have a vested interest in the company in most cases. They work in upper management. They're referred to as "executive directors." They might not have any ties to the company, but they're known for their business abilities.
Directors are often tied to major vendors to strengthen key relationships. You might expect to see a high-ranking employee of The Coca Cola Company on the board at McDonald's Corporation, or vice versa. They have a mutually beneficial relationship.
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