Shervin Pishevar Quotes

The World Bank is a shareholder-driven organisation, and as in all such organisations, the majority of shareholders would want a manager of their liking at the top.

Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.

When I took over the family business, it had already been a publicly traded company for 20 years. During one of the first annual meetings I attended, one shareholder stood up and advised me and everyone in attendance that I should resign.

No one person controls Microsoft. The board and the shareholders decide whether they want to have me as CEO.

I'd be resentful if shareholders who don't know the business tried to tell me what to do.

Shareholder meetings are not usually the occasion for utter candor - or for that matter, arch sarcasm - by chief executives.

I'm going to continue doing my thing and work my butt off to add value for shareholders and as long as they and the board see fit to keep me in this role, I feel enormously privileged to serve.

I really believe that all CEO pay should be voted on by shareholders ahead of time. Mine was.

In the age of activism that is clearly not going away, it would seem that some form of engagement from directors with shareholders - rather than directors simply taking their cues from management - would go a long way toward helping boards work on behalf of all shareholders rather just the most vocal.

What if lawmakers never spoke to their constituents? Oddly enough, that's exactly how corporate America operates. Shareholders vote for directors, but the directors rarely, if ever, communicate with them.

I think there's few cases in history where the C.E.O. steps down and is also the founder and reports to someone and that works.

Well-managed companies with independent boards have nothing to fear from activist shareholders.

The days of CEOs getting rich while shareholders lose has got to end. Management must be accountable.

When Facebook went public, they didn't have a particularly strong model of governance.

We invited HP executives to participate in the management and in the board. HCL had this concept of corporate officers since inception in 1999. We had a remuneration committee. Now everyone is talking about nomination and remuneration committee. We had this from 1999.

HCL and Wipro are largely controlled by one family, so a strife with the board is not possible.

I'm the C.E.O., nominated by the shareholders. If they're not happy, I have to take the consequences.

Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares.

Facebook is not ideologically neutral. In fact, it emerges from a very particular world view which we can trace back to Hobbes. I discovered this by examining the profile of Zuckerberg's fellow board members who, unlike him, are a very interesting bunch and, I suspect, the real power behind the poster boy.

We're all shareholders. These guys below me, they see the CEO taking it easy, it's their money.

Killing Intel, I, I just had to resign from the Apple Board.

Banks need to have large shareholders on the board that have a direct interest in their performance.

On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I 'step aside' as CEO of GM, and so I have.

I'm willing to have two directors on the DuPont board, me being one of them.

Chief executives, who themselves own few shares of their companies, have no more feeling for the average stockholder than they do for baboons in Africa.