I don’t know if the decision to step down is the right one. I acknowledge my prior is that you should but there is much more information than that that we don’t have. I will say that you are almost uniquely skilled at the job and often I guess that people who were pretty good but made some big errors are better than people who were generally bad or who are unskilled. I leave that up to you, but seems worth saying
I think it’s important to consider that the nature of being on the EVF board over the next few years is likely to be much different than it was pre-FTX. No matter the result of the CC inquiry, EVF needs to consider itself as on the CC’s radar for the next few years, and that means extra demands on trustees to handle corporate-governance type stuff. It sounds like a number of projects will spin off (which I think should happen), and the associated logistics will be a major source of board involvement. Plus there’s all the FTX fallout, for which Will is recused anyway.
So there are a number of reasons someone might decide to step down, including that the post-FTX role just takes too much of their time, or that they don’t have a comparative advantage in light of the new expected composition of the board’s workload.
I think it’s important to consider that the nature of being on the EVF board over the next few years is likely to be much different than it was pre-FTX. No matter the result of the CC inquiry, EVF needs to consider itself as on the CC’s radar for the next few years, and that means extra demands on trustees to handle corporate-governance type stuff. It sounds like a number of projects will spin off (which I think should happen), and the associated logistics will be a major source of board involvement. Plus there’s all the FTX fallout, for which Will is recused anyway.
So there are a number of reasons someone might decide to step down, including that the post-FTX role just takes too much of their time, or that they don’t have a comparative advantage in light of the new expected composition of the board’s workload.