I don’t know if/where there is an annual shareholders meeting recording, and frankly, I’m not going to waste my time looking for and parsing through it, for points that overall are secondary at best. One last point I would like to bring up though before signing off, is the following, with Ford Motor Co. as case and point.
William Clay "Bill" Ford Jr., the great-grandson of Henry Ford, currently serves as the Executive Chairman of the Board of Directors of Ford Motor Company. Bill Ford, until more recently, used to serve as the President, Chief Executive Officer, and Chief Operating Officer until turning over those roles to former Boeing executive Alan Mulally in September 2006.
Now we all know how this story ends; both Bill and Allan are now hailed as heroes, Bill because his managerial skills and flexibility endowed him with the ability to recognize when to call in experts, and Allan, because of his corporate governance genius that allowed him to turn the company around and plow through the financial crisis that thoroughly destroyed others.
Steven’s visionary genius cannot be understated for what he has done so far, but, to develop and elevate a company in today’s corporate environment requires an almost entirely different set of skills and talents, to run with the other big boys. And not saying that Steven absolutely cannot pull it off, but rather that with his technical and visionary abilities in this space, the company might excel more with him guiding from a position similar to Bill Ford’s, and by bringing on a corporate maverick and/or team with corporate skill sets similar to Mulallay as CEO. Just something to consider.
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