"Mary Cunningham Agee: Ambassador of the Year
Legatus, March 1994
"At-large Legatus member Mary Cunningham Agee was chosen by the National Awards Committee to be the recipient of the Ambassador of the Year Award. The award is given in recognition of her outstanding Christian witness to the Legatus ideals of fidelity, integrity and courage as Founder, Executive Director and Volunteer of The Nurturing Network.
"In her former business career, Mary Agee was a member of the Chairman's Advisory Council at The Bendix Corporation and Executive Vice President of Planning for Joseph E. Seagram and Sons. She also held management positions with the Chase Manhattan Bank and Salomon Brothers."
If I read this correctly, she won for heading a nonprofit organization, NOT for her business acumen. As for the Harvard MBA, many low level folks have prestigious degrees and don't rise quickly. Check your history, its not worth arguing this, history has rehashed it over and over. There are plenty of resources for you to check. Time Mag. had numerous contemporaneous stories. If you're going to use an example, try using one you at least know about (and might demonstrate your point)
It is NOT a conflict of interest for members of the same family to be on the same corporate Board of Directors!
Geez louise...Of course it is not an inherent conflict when there is value, legacy, investment, or ability. But it is always intrinsic in the appearance of conflict when there isn't any of the above. Check her bio in the LATE ARRIVING proxy information. Read between the line (I can't even say lines, there was only one). She clearly is on the board because of (how shall we say it?) ... her companionship with DOUG. Get a grip Toby,
Answer these:
1. Does she have any intrinsic (there's that word again) ability?
2. Does she have any acquired ability?
3. Do you believe she will act independently...well if not then the opposite is?
4. You're defending this board as a whole as independent?
Give someone you know the facts on your next visitation day...see what they say. Clearly the market doesn't buy your argument.
This is heading to ZERO and DOUG BUTCHER is an INCOMPENTENT. We're talking about this recovering to .30 when most are in much higher.
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