Corporate Governance

Good corporate governance - pointing out corporate directors who should and shouldn't be elected anywhere. This is my attempt to keep track of good people for board of directors and keep track of people who should be avoided.

Friday, September 01, 2006

 

And who's on the Vonage Board who approved this disastrous IPO?

reposted from August 9, 2006

* Jeffrey A. Citron, Director, Chairman and Chief Strategist.
* Michael F. Snyder, Director and Chief Executive Officer.
* Betsy S. Atkins, CEO of Baja Ventures.
* Peter Barris, Managing General Partner of New Enterprise Associates, LLC.
* Morton David, Former Chairman and CEO of Franklin Computer Group.
* Orit Gadiesh, Chairman of Bain & Company, Inc.
* J. Sanford (Sandy) Miller, General Partner at Institutional Venture Partners.
* Hugh Panero, President and CEO of XM Satellite Radio.
* Tom Ridge, First Secretary of the Department of Homeland Security, Former Governor of Pennsylvania.
* John J. Roberts, Former Global Managing Partner of PricewaterhouseCoopers LLP.
* Harry Weller, Partner at New Enterprise Associates, LLC.

I'm not saying these people are criminals or bad or anything, but Citron has had legal problems in the past, Panero's the CEO of XM, who's stock isn't doing well, and Atkins is a former director at Lucent.

Citron is the founder of broker-dealer Datek Online Holdings, the subject of a Securities & Exchange Commission investigation of alleged improper use of the Nasdaq Stock Market's Small Order Execution System

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