Remove 2002 Remove Bond Remove Finance Remove Leadership
article thumbnail

Serving on Boards Helps Executives Get Promoted

Harvard Business Review

More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward. ” Similarly, Sempra CEO Debra L.

article thumbnail

Bill Ackman Is Just Doing God's Work

Harvard Business Review

Then there''s JC Penney, where Ackman''s push to remake the retailer under the leadership of former Apple Stores chief Ron Johnson has ended in red ink and recriminations. He started developing his famous case against bond insurer MBIA in 2002, and had to wait till 2009 for it to pay off. Boards Competition Finance'

Hedge 8