Originally Posted by
minimoke
The larger the company the less the need for a CEO to be a Director. She has shown a lack of foresight with the sale of 100% of her shares which ought to put her CEO job at risk. This instantly disqualifies her for consideration for a Board position. The money aside (how big a deck has she got) she should not need a Director role - she should recognize her CEO role should consume 100% of her business attention. If she has spare time she should take a pro-rata drop in CEO rem.