MS has been put on the board by some major shareholders (Levensons??) who are well below water and possibly entered as s/holders on his rec? who knows. So he has skin in the game for sure.
It appears that MS credentials for being a director of a public company board are 1. Associations with a major shareholder 2. owning some stock himself. 3. A revealed career history of being a private share trader and 'working in distribution' for Parmalat http://www.parmalat.com.au/
Lost the experience of AS, but gained MS. Not sure if that was the best deal for the shareholders.
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