Micron CEO dies in KBOI crash

I_Money said:
The problem is as CEO he has a duty to the shareholders - by undertaking high risk activities he can jeopardize their investment. I have played polo with many high value people who have to get board approval to play. No one is forcing them to still be CEO, choices have to be made.
Click to expand...
I personally don't find flying a "high risk activity", and if share holders were that into their investments, then maybe they should do some research on the people they are investing in, and if they don't like their lifestyles, they don't need to invest.
 
I think his aerobatics and experimental aircraft made it high risk - it's the CEOs choice to make, if he rather partake in high risks or do his job. He can do either, but that's why the boards involved. If you look at it the boards job is to do the best for the company. Many boards have policies on number of key players flying on an airline together - a company my dad worked for he could only flying with 1 other VP from his division at a time.
 
I_Money said:
I think his aerobatics and experimental aircraft made it high risk - it's the CEOs choice to make, if he rather partake in high risks or do his job. He can do either, but that's why the boards involved. If you look at it the boards job is to do the best for the company. Many boards have policies on number of key players flying on an airline together - a company my dad worked for he could only flying with 1 other VP from his division at a time.
Click to expand...


This is understandable.I have but out and out telling someone they can't do something that they have the means to participate in is next to communism. Tell me I can't do something and I'm out.

For what its worth, I think he is the founder of the company isn't he...... try and tell me I can't do what I want to do if I started the company and see what happens to you. "Ummm, you're fired."
 
If its your company you can do whatever you can - that's how Richard Branson does it.
Most companies aren't set up like that though!
 
Not so much SteveC - if you have a private held firm who has outside investors you could well be held to the same guidelines. You will find Richard Branson has done far less exciting adventures compared to the 90s when he flew his hot air balloons, raced his boats. Since than some of his business ventures have diversified owners - like Singapore spending almost a billion for 49% of Virgin Atlantic.

Micron is publicly traded. On the NASDAQ I believe.
 
You must log in or register to reply here.
Back
Top