[papito]

This has been a trend in this late stage Capitalism, if you will. A large group of people spend years and decades building a company that can still grow and produce immense wealth over long-term, but a bunch of grifters roll in and sell it for parts, because "shareholders".

The job of the board is to assure long-term growth of the investment, not a one-time burn-it-all-down event or a slow bleed (GE, Boeing) where the shareholders get unreasonable returns while annihilating the hard work building up the company.

These are not company-building boards, these are company-destroying boards. Literally, vulture capitalists from the inside.