Benson, I realise your comment is a sarcastic one.However, what...

Benson, I realise your comment is a sarcastic one.

However, what is the rational reason for appointing such a person if indeed the company is still undertaking fradulent (or at least less than transparent) activities. Maybe in the past they were / maybe they were not. Who knows? But why would they appoint him now. Do you perceive him to be less than above board. After a distinguished career, why would he agree to board position? Please do not suggest he is doing for Director fees. Fees would be a pittance in comparion to main job and I am sure his overall wealth.

From a company view, the reason he would be appointed would be for:-

1. another independent director
2. to establish more credibility and diffuse perceptions of impropriety from the past and to ensure affairs going forward are above board
3. gain added skill set to compliment existing board

I would like a serious answer please. It is about time to contribute to the discussion other than sarcasm or not particularly bright one liners.