I fail to see why being friends precludes acting in the best interests of all shareholders - many in fact nearly all small businesses start and function in this way. Some grow into large businesses of which Smorgons is an exemplar but this does not mean that the board members fail to act in a professional manner.
For Hot Tuna's benefit
All IMO and DYOR
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- Ann: Material Terms of Employment (Chief Executive Officer)
Ann: Material Terms of Employment (Chief Executive Officer), page-9
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