The Board of Directors and Fiduciary Duties
I don’t know about you, but when I hear about a “board of directors,” I get the mental image of a bunch of people in business suits sitting around a long conference table looking important. They may be on a conference call too. Probably one of those calls where it takes 10 minutes for the call to actually get started because you have to go through the usual “Who just joined us?” and “Can you hear me?” questions and the uncomfortable silence and shuffling of papers while waiting for everybody to finally get on the call. I bet it’s even got that weird background noise that nobody ever cops to but forces the call organizer to ask “Can everyone please mute your phones when you’re not speaking?” multiple times.