Uday Kotak Quotes

I really think we should pass a law in every state, I don't care whether it takes the independence away from an old person or not. You shouldn't be driving a car if you're over the age of 80. Maybe even less than that.

There are certain age limits on police officers. They'd have retired me out at 65.

Sitting on a corporate board is a hobby for me.

I'm a really big believer in chief executives not staying forever.

I was hoping I could die of old age in the military, but they wouldnt let me.

I've always been of the view that two-term presidency rule is a pretty good one and CEOs shouldn't overstay their welcome.

I joined the board of Etsy when it was just three founders, and I helped recruit the COO and CTO, Chad Dickerson, who later became the CEO.

The role of a board of directors is to be a sounding board for the vision of the company - to hold executives accountable in executing that vision and to ensure a management succession plan is in place.

But I've always believed that Christine Cagney shouldn't be played past a certain age.

I think every responsible public board at every board meeting should be discussing succession. And, of course, Walmart has a very mature board: our chairman Rob Walton and other members. So succession is an ongoing. I think when I first joined the board of directors, it was discussed then. And it's discussed at every board meeting continually.

I do not want to be a long-term CEO.

If somebody's going on your board, and you're going to be C.E.O., it will help if that person knows how to be C.E.O., who has done it before.

And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.

I'm in a different position than most CEO's. I'm a founder. I'm not a hired CEO. Now, I can be fired by the board, but most CEO's are hired by the board.

CEOs resign when the internal dynamics of the company and the external dynamics of the company actually come together to say it is appropriate. When the internal dynamics ask you whether you have a replacement. I think the transition from CEOships have also become cartoonish.

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

No one should ever sit in this office over 70 years old, and that I know.

Perhaps you should say there should be mandatory retirement even of members of the court, members of the federal judiciary. I'm sure there can be questions about whether one does as good work when you get into your - you know, I'm 67.

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.

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.

The character - character - of Mallory on 'Family Ties' was a year younger than me. A fictitious year younger than me. So, I am not 21. I am not getting into the club. Boom.

The industry has to learn how to do CEO succession well. If your definition of success is Intel or Microsoft or HP or IBM, that's not a good track record, and yet they are the most successful ones.

I will not be on the bench until I am 60 or 65 years old.

I would not vote to raise the retirement age to 70 because there are just too many Americans that work hard all their lives and just simply physically couldn't work until they are 70.

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