One user commented that likely only 50 to 60
percent of advisory boards are legitimate anymore, and put the NextBlock situation in a different light, implying that it's become common practice to dress up a proposal with photos of known experts.
Not exact matches
Whole Foods hired the
advisory firm Evercore Partners earlier this year to defend itself from pressure by activist shareholder Jana Partners, which announced in April it had amassed an 8.3
percent stake and pushed for changes to the Whole Foods
board of directors.
While those charter school failures hung over the heads
of the
advisory board members during the last application cycle, when they voted to approve just 15
percent of applications last year, that percentage climbed much higher for the latest application cycle.
Nearly 50
percent — 18 out
of 40 applications — were moved forward by the
advisory board earlier this spring for a 2016 opening.