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Article: CARL ICAHN: 'How Can a Guy Be on Eight Boards and Know What the Hell He's Doing?'.
- Article from:
- PR Newswire
- Article date:
- May 2, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. 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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SCHAUMBURG, Ill., May 2 /PRNewswire-FirstCall/ -- Motorola, Inc. today noted that CNBC's "Closing Bell" program last night (May 1, 2007) replayed a November 2006 televised interview of Carl C. Icahn in which he said the following about a director serving on multiple Boards of Directors (emphasis added):
"How can a guy be on eight boards and know what the hell he's doing? These companies are complicated and you have tremendous competition from abroad. How can somebody sit on a board -- even if he's the smartest guy in the world -- if he was Einstein -- and understand what that company is doing?"
Carl C. Icahn
CNBC Closing Bell, November 2006
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