Skip to:

Text size [+][-]  Saturday November 7 2009GLOBAL EDITION

Free trial at breakingviews.com Click here
Considered view
30 Jun 2008 09:46


SIGN UP FOR A FREE TRIAL
signup

Simply complete all fields and click Submit.

 

I agree to the terms and conditions of use appropriate to my region.



Context News

The board of Goldman Sachs elected Lakshmi Mittal, chairman and chief executive of ArcelorMittal, to be an independent director, effective June 28. Mittal will serve on the audit, compensation and corporate governance and nominating committees. He becomes the 10th non-executive director and 13th member of the board.

As rival banks face a need to overhaul their shamed boards, Goldman had the luxury of broadening its knowledge base. The Indian steel magnate brings valuable Asian experience. But Goldman shouldn’t stop there. The board could be slimmed down and do with more financial knowledge.

Sign up for a free trial to read the rest of this subscriber-only content, or if you are already a member please sign in here.

Forgotten your password? Get a password reminder.



More stories by:  Jeffrey Goldfarb




Click here

Share