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.

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