Thursday, July 11, 2013 11:16:31 PM
He is obviously trying to balance his duty of confidentiality to the company against his his duty of loyalty to the shareholders. If he were to name prospective board members, before they are even nominated, then I am sure there would be cries of foul play.
IMO, the company itself will not make an announcement until after the selection of board candidates is completed, which seems logical. There is clearly some tension in that regard.
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