How do comany board members get elected to that position?
Answer:
They are hand chosen by the CEO to rubber stamp his actions. Then the slate is put up for a vote before the shareholders. As the shareholder have no one else to vote for, their election is normally assured. However, at Home Depot this last election the shareholders were just a little miffed at the board for granting what almost anyone would consider to be excess compensation to the CEO and they almost defeated much of the slate by voting NO. But that seldom happens.
By the share holders of that company.
the ones that participate in wife swapping golf a nd socialize together all the time
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