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In a blog post, Airbnb said Tosi "has decided to dedicate his full time and energy to his investment fund, Weston Capital Partners, and dedicate time to the several external boards he currently sits on".
The engagement of external boards or advisory bodies is high, being a practice in 70% of institutions.
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The external board still exists.
And there is no independent external board.
Conducting an external board evaluation, and publishing the results, would be a welcome first step.
What's not to like about taking up external board appointments?
The recently announced external board evaluation "fails to reflect the breadth and magnitude of reform that is required", it said.
To ensure middle managers did not contaminate the unique culture, Unilever established an "external board" charged with overseeing Ben & Jerry's culture and social mission.
Even with the external board in place, a question remained: How many of Ben & Jerry's ambitious initiatives could a multinational like Unilever reasonably be expected to support?
This best practice does not seem to be in place at News International as there do not seem to be any external board members.
"There were occasions when I would say something about the student body and a couple of external board members would dismiss it," he continues.
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