Social Studies, 21.03.2020 09:22 swaggg8300
Simon Leagreet, the Chairperson and CEO of L-EVA Industries, Inc., has long been the major power at L-EVA. A majority of the directors are concerned that while Mr. Leagreet has been responsible for the firm's earning above-average returns, he has been displaying a tendency toward personal extravagance at the firm's expense. In order to limit Mr. Leagreet's power, the board of directors plans to:.
a. elect an insider as the lead director.
b. appoint another individual as chairperson of the board of directors.
c. require Mr. Leagreet to personally certify the firm's financial reports.
d. reduce the size of the stock option package provided to Mr. Leagreet.
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Simon Leagreet, the Chairperson and CEO of L-EVA Industries, Inc., has long been the major power at...
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