Being a director of a major company is a pretty good gig. You’re intimately involved with strategic, financial, risk, technology, and other significant issues that provide challenges requiring you to draw on your intellect, knowledge, and experience in providing direction to a chief executive and his or her senior management team. You’re interacting with other highly accomplished individuals, building alliances and friendships, and find that you’re held in high esteem in your business and social circles. Last but not least, you share in the associated financial rewards.
Indeed, one would think that anybody with the credentials and contacts to be invited to join a large public company board would jump at the chance. And many do—but not everyone.
