the shareholders elect the board of directors for a publicly traded company.
the shareholders elect the board of directors for a publicly traded company.
who elects the board of directors for a publicly traded company?
the shareholders
however, publicly traded companies also have advantages over their closely held counterparts. publicly traded companies often have more working capital and can delegate debt throughout all shareholders. therefore, shareholders of publicly traded company will each take a much smaller hit to their returns as opposed to those involved with a closely held corporation. publicly traded companies, however, can suffer from that advantage. a closely held corporation can often voluntarily take a hit to profit with little to no repercussions if it is not a sustained loss. a publicly traded company often comes under extreme scrutiny if profit and growth are not evident to stock holders, thus stock holders may sell, further damaging the company. often, that blow is enough to make a small public company fail.
joint-stock company
upon his retirement from government service in 2007, greco was named president and managing partner of filangieri capital partners, a new york firm making private equity and venture capital investments and offering corporate finance and strategic advisory services. also in 2007 greco was elected to the board of directors of mediware information systems (nasdaq: medw), a publicly traded medical software company. in 2008 greco was elected to the board of directors of finmeccanica spa (milan: fnc), a publicly traded global aerospace, defense, and energy company with $25 billion in revenues. in addition, greco serves on the boards of directors of several privately held companies and a global private equity investment group with more than $1.4 billion in assets under management. greco is a member of the board of advisors of the morgan stanley journal of applied corporate finance. in 2011 greco was named as a monthly contributor to "longitude", the international journal of foreign affairs and international business. in 2012 he was appointed to the board of advisors of the marconi university graduate school of business in rome, italy, where he also holds the rank of professor of business administration and political economy. he is also a senior advisor at the scowcroft group, a business advisory firm assisting companies in emerging markets founded and managed by general brent scowcroft, former national security advisor of the united states. richard greco jr. is the vice chairman of the board and head of investor relations of euro mec water group, a global water treatment and purification company with installed treatment plants in more than thirty countries, mostly in emerging economies and providing clean water to more than one million people. he also is the chief executive officer of euro mec's global concession and north american businesses. in 2014 greco was elected to the board of directors of analytixinsight, a publicly traded company offering comprehensive fundamental equity analysis on over 40,000 global companies, under the trade-names capital cube and marketwall, now available on all samsung mobile devices.
richard greco jr.