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Article: Veteran Pairs Independent Directors, Boards.
- Article from:
- Money Management Executive
- Article date:
- July 26, 2004
- Author:
CopyrightCOPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If you can't join em, beat em! That's the seemingly backward battle cry from Irving Straus, the chairman of Straus Corporate Communications of New York.
Straus, who had been on a one-man crusade to snare a job as an independent director for a mutual fund board or two, has changed his tactic. He is now developing a matchmaking service that will marry qualified fund director candidates with mutual funds hungry to secure new independent trustees in light of the new SEC requirement that 75% of a fund's board members be independent of management.
At age 83, Straus considers his five decades of fund industry experience to be a valuable asset to a variety of ...