WTF Does the Board of Directors Actually Do? | How Money Works

WTF Does the Board of Directors Actually Do?

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To kick off the new Year, Mark Zuckerberg (a man who is definitely not having a mid life crisis) announced that Dana White, the President and CEO of the Ultimate Fighting Championship had been elected to Meta’s board of directors.

The decision was met with some… “mixed”... Reactions from company employees and stakeholders.

But what most people don’t realise is that this decision is really not that unusual…

The board of the Embattled Boeing Corporation recently appointed Mortimer J Buckley, the Former CEO of the Vanguard Group, who ALSO serves on the board of Pfizer, alongside James Quincey, the CEO of the Coca Cola company who also serves on its board, alongside Bela Bajara, the Chief Content Officer of Netflix, who serves under a board which includes Anne Sweeney, the former chairman of of FX Networks who worked under Tony Vinciquerra the Chairman of the Fox Networks GROUP, who currently serves on the board of Qualcomm, a company formerly managed by Steven Mollenkopf… who currently sits on the board of directors of Boeing…

It’s a great big club… and you ain’t in it…

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