This segment delves into the intricacies of board member dynamics, specifically focusing on the removal of board members. Highlighted by the situation involving Michael Moritz's removal from Klarna's board, the discussion covers the complexities and nuances of board construction, including the distinction between preferred and independent board members, contract terms, and the impact of diversity.
We need to demystify board operations — how they work, voting dynamics, and what they do! Open call for any listener (ex-CEO preferred) who can come dig into the gritty details of board dynamics in a future episode.
Forward this to any HR Pro who needs to hear some real talk - and tell them to subscribe. hrheretics.substack.com
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SPONSOR: This episode is brought to you by Attio
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TIMESTAMPS:
(00:00) Intro
(01:22) The Complex World of Boards
(03:53) Sponsor - Attio
(04:48) Nolan and Kelli Share their Experiences and Expectations of Board Members
(07:52) Picking Investors and Board Members
(08:22) Board Construction
(09:52) Diversity of Boards When A Company Matures
(10:32) Stories From DoorDash
(11:32) The Mysterious Notion of Board Votes and Equity Approval
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GET IN TOUCH WITH NOLAN, + KELLI ON LINKEDIN
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich/
HR Heretics is a podcast from the Turpentine podcast network. Learn more at www.turpentine.co
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit
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“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies