Charles Elson Quotations

Since severance packages generally are contractual, the issue is not the size of the severance package. The issue is why was the original employment contract structured to allow such a severance package? And that responsibility rests in the board.

This is the quintessential case of shareholder activism, and we can thank the Gilberts for it.

It's a novel idea. Where it's unique is that if directors don't meet internally based targets, they get nothing.

From a shareholder standpoint, it's not a particularly clear pond.

Those are big numbers. Almost a third of the shareholders who voted are expressing discontent.

He's considered savvy and bright. He's a very talented investor. He'll be a tough one to replace.

That would go an awful long way to restoring confidence,

Failure to be independent and failure to be circumspect carries a serious threat of liability.

Given the fact that the 'withhold' campaign at Disney is what started this whole brouhaha, I think it's appropriate that Disney adopt this standard, ... I don't believe this makes them a leader in corporate governance practices though I view it as a positive.

Frankly, once you commit to a job, you should stick with it unless you have an extraordinary reason. You can dissent, but you are not helping by taking yourself out of the equation.