...Wells Fargo side, Donald B Rice, the chairman of Wells Fargo until 2007, sits on the Vulcan board, while Wachovia’s board comprised not one but two Vulcan Materials board members: Donald M James and John D Baker II.
Linking boards of Wells Fargo, Wachovia, and Vulcan Materials
These three characters have extremely strong links to Vulcan Materials. Donald B Rice, the Wells Fargo director, has been a board member for almost twenty years, the second greatest spell of any board member. Donald M James is Vulcan’s Chairman and Chief Executive Officer, since 1996. John D Baker II is a comparative newcomer to the business, as the former CEO... Instution Conclusion October, 2008 marked a dramatic turn of...