Comply or Explain / Explain or Cancel
By Olivier Dellacherie, Executive Chairman, Talent4Boards Inc.
This is the central question posed to the Board of Directors of Pharmaceutical leader Novartis and its president, Daniel Vasella, who was retiring today after the General Meeting, initially with a check of about 1 million dollars per month for the next 6 years (72MCHF – 80M$), before the cancellation of the decision under pressure from major shareholders and the public.…