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The Impact of the 2020 Election Outcome for Boards of Directors
Good Governance Depends on Family Trust
The Herschend family board is majority independent.
When you own stock in Apple, the employee at the Genius Bar doesn’t care that you’re a shareholder.
“But if a shareholder walks into one of our properties, there’s a good chance they’re a family member, and the employees know who they are,” says Andrew Wexler, the non-family CEO of Herschend Enterprises. “They’re going to maybe get nervous or anxious, because they want to make sure everything is as perfect as can be for that family member.