The Associated Press posted yesterday afternoon that the number of people leaving the Kodak board of directors has risen to three with the exit of Laura Tyson. Once again, no explanation for the departure has been given, the revelation being announced quietly in an SEC filing on New Year’s Eve.
These departures don’t look very good. To the rest of us, they look like rats exiting a sinking ship. But in lieu of an actual reason for the departures either from the outgoing directors or the company itself, we are only left to wonder.