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srayzie ago

Kindergarten in China where kids were sexually abused, drugged and poked w needles run by Clinton Foundation Director Joel Getz! That's HUGE!

Are_we__sure ago

"Run by" is inaccurate. "Linked to" in the thread title is more accurate.

As ESOTERICshade's makes clear, Getz didn't run anything at this company.

Joel Getz Independent Director

An Independent Director is by definition never an executive/officer at the company.

NYSE Who is an "Independent" Director? Under the NYSE listing standards, no director qualifies as "independent" unless the board of directors affirmatively determines that the director has "no material relationship" with the listed company, either directly or as a partner, shareholder or officer of an organization that has a relationship with the company. Companies must disclose these determinations, and the basis for a determination that a relationship is not material, in their annual proxy statements. Material relationships can include commercial, industrial, banking, consulting, legal, accounting, charitable and familial relationships. The NYSE has noted that ownership of even a significant amount of stock, by itself, should not be a bar to a finding of independence.

The role of independent directors are to be trustees of the shareholders, a scandal like this highlights the value of truly independent directors. because a scandals like this will damage shareholders, indepdendent directors should be pushing for rules and safeguards and policies to make sure this never happens again so that shareholders money is protected. According to Investopedia

"Independents are considered helpful for governance, because they dilute the concentration of power and help align shareholder interest with those of the insiders."

srayzie ago

Oh ok. Thanks.