米国の取締役会は機能などしていない！
新任CEOの旧体制処分（ニューヨーク・タイムス紙）
Morgan Director Resigns, a Sign That a Reorganization Is Likely
追放されたモルガン・スタンレーの前CEOを支持してきた実力取締役がひっそりと辞任届けを出しましたが・・・・
Michael A. Miles, a Morgan Stanley
director with close ties to the former chief executive, Philip J. Purcell, has resigned from the board, the bank said yesterday.
The move, which was expected, is the latest signal that the new chief executive, John J. Mack, intends to reorganize a board that during the battle over Mr. Purcell's leadership became a lightning rod for criticism and remains the target of several shareholder lawsuits.
A former chief executive of Philip Morris
, Mr. Miles, 66, was one of the original directors of Dean Witter when the investment bank was spun off from its parent, Sears, in 1993.
As head of Morgan's nominating committee, Mr. Miles was an architect of a board that included several former chief executives, many of whom lived in the
"I believe there is always a need for change and refreshment in any organization," Mr. Miles said in his letter of resignation.
A longtime director with years of boardroom experience - at one time he was on seven boards in addition to Morgan Stanley - Mr. Miles was one of Mr. Purcell's closest advisers during the bitter dispute with the group of eight dissident executives who were calling for Mr. Purcell's resignation. （後略）・・・・・・・・・
独断的コメント：
モルガン・スタンレーの内紛はいまや旧聞に属してしまいましたが、これを助長した取締役会はこれからひっそりと片がつけられていくのでしょう。
ここに登場するマイルズ氏は米国の典型的な独立（？）取締役です。フィリップ・モリスの経営者として成功し、引退後は８社もの社外取締役を引き受けてきたそうです。
すでに十分過ぎる資産形成を実現したマイルズ氏のような取締役にとって、経営にかかわる動機は何でしょうか？報酬ではありません。社外の取締役の報酬などは、マイルズ氏にとっては小遣い稼ぎにもならないでしょうから、恐らくは経営にかかわる緊張感と名声でしょうか？
そういう取締役たちが、会社をレベレッジにして私的な財産形成に躍起となっている経営者を牽制できるという根拠は何でしょうか？
追放に到った前CEOを擁護し続けたマイルズ氏には、古くからの友人である前CEOに招かれたという利害の一致関係がありました。
不幸なことにこれが典型的な欧米の取締役であり、破綻や不振に陥った企業のすべてに登場します。
我が国を代表する経済系全国紙が最近世界の企業統治ランキングで日本が最下位だったと報じていましたが、この新聞社自身企業統治に大いに問題があるので、むべなるかなと思いますが、それでも米国が企業統治後進国と日本を名指しする資格などはとてもないと思えます。
更に興味のある方は、 ↓
http://www.nytimes.com/2005/09/07/business/07morgan.html?pagewanted=print
Fair use notice
This Blog News contains copyrighted material the use of which
has not always been specifically authorized by the copyright
owner.
The material is being made available for purposes of education
and discussion in order to better understand the complex
nature of businesses in today's world.
We believe this constitutes a "fair use" of any such copyrighted
material as provided for in relevant national laws.
The material is distributed without profit to those who have
expressed an interest in receiving the included information for
research and educational purposes.
If you wish to use copyrighted material from this site for purposes
of your own that go beyond "fair use", you must obtain permission
from the copyright owner.
We cannot guarantee that the information contained in this Blog
News is complete and correct or be liable for any loss incurred
as a result of its use.
Nor can we be responsible for any subsequent use of the material.