How do you get elected to the board of directors for a certain company?
For example i know to become a board member u must be a share holder and there are elections. But can anyone who is a shareholder become on the board, whether u own one share or onemillion shares. And is the elections sort of a ballor type thing!!! PLEASE HELP For example if I own one share of yahoo could i be in the running to become a board member!!
Public Comments
- To be on the board of directors you should be a capable manager in a similar industry, or a complimentary industry.
You could run for a board seat at Yahoo! but unless you're a design engineer or have an MBA in finance, really, youre wasting your time.
- Most directors are either promoted from within or are invited to join from outside and they are usually selected from big shareholders.
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