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Fireproof directors

Filed in archive boards of directors by leon on November 17, 2005

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Bosses of basketcase companies are being thrown in the slammer but where do the directors of these bad businesses go to? An analysis of companies like Enron, WorldCom, Adelphialinks, Global Crossing, Waste Management, Tyco International by Forbes.com and The Corporate Library have found that they move on to other boards, and often even better jobs. The list includes Lockheed Martin, Sprint Nextel, Kraft Foods, Viacom, Sirius Satellite Radio, Coca Cola, Apple Computer, Yahoo! and American International Group. The research also provides the link to the nine teflon directors and where they are now.


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