Sunday, November 30, 2014

Corporate Boards: The Bayh Rotation

Senator Evan Bay and wife Susan have shifted their board directorships.  Mrs. Bayh served on nine boards while her husband was a public servant.  She's down to two boards, Emmis Communications and a newly bankrupt Dendreon (Chapter 11).  Mr. Bayh quickly grew his directorships to five, in addition to his private equity underwriter (PEU) slot with Apollo Group Management and influence peddler position with McGuireWoods:

Sen. Bayh serves on the board of directors for Fifth Third Bank, Marathon Petroleum Corporation, Berry Plastics Corporation, RLJ Lodging Trust, and McGraw Hill Education. He also serves on the advisory board for the Central Intelligence Agency (CIA).   

Evan's sun is rising.  Susan, once a corporate star of her own, may now be a satellite.