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
XM CEO Quits Vonage board
reposted from the old blog from August 23, 2006
XM Satellite Radio boss Hugh Panero has resigned from the board of Internet phone company Vonage, just seven months after joining.
Vonage says Panero quit Aug. 18. The company has no plans to replace him. It cites "the demands of his role at XM" for his decision to resign.
Now I'm certainly not saying that the XM radio brass reads my little blog. I'm fabulous, but I'm not that fabulous.
This is just good corporate governance and good common sense. If your house has a big problem, you dont make sure the house down the block doesn't have a big problem - you put your own house in order first and foremost.
XM Satellite Radio boss Hugh Panero has resigned from the board of Internet phone company Vonage, just seven months after joining.
Vonage says Panero quit Aug. 18. The company has no plans to replace him. It cites "the demands of his role at XM" for his decision to resign.
Now I'm certainly not saying that the XM radio brass reads my little blog. I'm fabulous, but I'm not that fabulous.
This is just good corporate governance and good common sense. If your house has a big problem, you dont make sure the house down the block doesn't have a big problem - you put your own house in order first and foremost.
posted by Larry Diamond # 6:15 AM 
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