In the Margins

FT: GM wrong to appoint Barra chairman

January 6, 2016

By Financial Times

General Motors has made a mistake in naming Mary Barra chairman. The U.S. car company's board "has succumbed to the idea that the chairmanship is a medal, to be awarded to deserving chief executives, rather than an important check on the hubris and self-delusion that can sometimes infect even the most down-to-earth leaders," Andrew Hill writes in the FT. Read the original story from the Financial Times.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...