I disagree, you should be able to be on 2 BoDs or chair 2 boards. But to that a basic degree of arms length should be committed to. And if each entity happens to be dealing with the other entity then a strong No due to conflicts of interest and resignation from 1 or the other. But if a director is for example great at getting an offtake deal and does it well for 2 completely independent companies then whats the issue?
JBs issue with SYA is that he is also MC1 so to me it breaches the above as a conflict of interest. An is favouratism will always be driven by where his interest lies.
The above point works when the board actually has independent BoD members that can assess the rest of the board and their integrity and focus on the company to which they sit as a BoD member.
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