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Amit Chokshi_ » Comments » BMY

  • Bristol-Myers' Board Behaved Responsibly in CEO Dolan's Departure [View article]
    Don't give kudos to the BMY board, they oversaw Dolan take this ship down from about $60 to $20-$25 per share. It's about time some funds with some real capital start taking these directors to task. Tens of billions of dollars of shareholder value are disolving and these directors are supposed to be watching out for shareholders and are generally perceived as more "sophisticated" than the average investor. If that's the case many of these board members should be held criminally negligent. In some cases these board members get paid six figure salaries and are granted company stock at shareholders' expense for meeting a few times a year to what? pat the CEO on the back and grant him/her more compensation?
    Oct 10 11:38 am |Rating: 0 0 |Link to Comment
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