Can an ex-felon serve as a Board of Director or CEO of a publicly traded company?
This is a great question. Firstly, I think this question would receive better attention at http://www.felonsforum.com . There you will find a good crew of ex-offenders dedicated to helping find information and offer resources to ex-offenders. Regarding your question: As far as I understand it, a felon may be a CEO or serve as a member on a Board of Directors, if the corporation allows it. Many corporations have built in clauses that forbid ex-offenders from such positions, but legally, as for what I've personally researched, there is no law which forbids an ex-offender of such a position. Ex-offenders can open a business, if you were to start a business, as an ex-offender, and the business expands, and eventually goes public; as the founder you may become the CEO. Of course being an ex-offender, you couldn't become the founder of a beer factory or a gun warehouse, or the like... I've never researched it, but I'm pretty certain there are CEO's that are ex-offenders. ... A 'Publicly traded business' is its own entity, and if it allows you to be in such a position, it's completely legal to be there. Come by the site, http://www.felonsforum.com and ask this question. There's a few member's there that may have some very interesting information to share with you further about this topic. Hope this helps!
by D - 16 hours ago
Yes, an ex-felon can be a President or CEO or hold any position in a publicly traded company. There are no SEC laws or any laws preventing it. However, a BOD has to consider the public sentiments and reaction to having an ex-felon run a company. Would you buy stock in such a company? That is one of many issues that would arise.
by ? - 16 hours ago
Three Powers Customers Have Now That They Never Had Before
Customers are more empowered than ever before, presenting your business with significant challenges but which, when handled...
5 Signs It’s Time to Seek Help With Content Marketing
Image Credit: Horia Varlan So your company’s spent five (or maybe even six) figures on a shiny new website, with all the...
Keeping Call Center Agents Happy: Why It Matters
Today’s savvy businessperson is learning more and more that the benchmark of a company’s success lies not in predicting...
Shopping Mall of Tomorrow: How Westfield, Walmart are Stripping Convention (Part 4)
Just as hemlines go up and down, retail history is patterned after the influences of its past and present. To envision the...
10 Ways To Use Short Video For Social Media Marketing
Have you gotten on the video bandwagon yet? Creating short videos is a great way to promote your business. No matter what...
The Science Of Social Timing In Blogging [Infographic]
Here’s a situation that I’m sure most of you are familiar with: You’ve written an insightful, well-worded, topical blog...