Acquirer Boards Erode Founder Authority By Inserting Outside Personnel
Sherry Shannon-Vanstone · They Gave Her Responsibility Without Authority - She Saw It Coming · Sep 19, 2023 · at 25:31
Sherry Shannon-Vanstone advises host Sean Weisbrot on potential governance pitfalls when negotiating with acquirers and corporate boards.
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“The board itself, I just see, I've just seen this happen again and again, that they, I'm not saying they're going to do it as your case, but they start taking back some of the authority and inserting their own people in the, and into the team and that those people are not necessarily key players. And then they disrupt the team.”
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