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Tesla, Intel and the fecklessness of corporate boards

SITTING ON THE board of a large American company is at once the plummest and most thankless work in business. Plum because, when everything is going right, you pocket $300,000 a year in cash and stock for showing up to a well-catered meeting every month and a half. Thankless because you seldom get credit for things going right but take the blame when they go awry. And awry they go with disturbing regularity.

Source: Business - economist.com

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