Most boards of companies are made up of current company executives and/or executives from other companies are former executives from other companies. Almost never will you find a “regular Joe” on the board of directors.
Last week, a worker’s rights organization, United for Respect, presented to Congress and then to Walmart’s board the idea of adding hourly Walmart workers to its board, with full voting privileges. From the New Yorker:
“The practice of constantly cutting costs and squeezing workers often stems from the short-term-profit-oriented mind-set that has come to dominate corporate America over recent decades, in which moves to boost