January 4, 2010
I can think of no positive management reason why directors nominated out of the ordinary course of directors election procedures for a publicly traded company would enhance anything other than appeasement to corporate gladflys who already cause more expense than any possible benefit. The current SEC regulatory process calls to task or at least illuminates any legitimate corporate abuse. These minority cause groups have an agenda that has nothing to do with corporate profitability only concerns that are better left to the media where they can pursue their agandas in a less harmful fashion.