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Judy Faulkner

๐Ÿ‘ค Speaker
459 total appearances

Appearances Over Time

Podcast Appearances

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Can't do the last two.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

So it's only grow its market share and remain a competitive vendor, which I hope it will do both of those.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Well, only possible if the laws change somehow.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

But in today's law, it's pretty well structured so that that can't happen.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

My stock is divided into two parts, the value and the vote.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

The value gets given for charitable purposes.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

The voting side goes to the Purpose Trust, and the Purpose Trust has two groups who vote my stock, my family members and Epic staff.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Yes, but they're not the voting of my stock.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

I've got four family members and succession plans and five Epic company members and succession plans.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

They get to vote following my rules of here's what you have to do.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

You can never vote to go public.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

You can never vote to be acquires.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

And there's a whole bunch of other things.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

You can't create new stock, which gets over those rules.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

A lot of different things to make sure that it's all followed.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Then we have three CEOs from our CEO council, which meets once a year.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Can you say who they are?

Freakonomics Radio
672. What Makes Judy Faulkner Run?

We just changed who they are, so I can't yet because I don't have their names in front of me.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

But they're people who volunteered to do this, and we're very interested in doing it.

Freakonomics Radio
672. What Makes Judy Faulkner Run?

Their job is to take anyone to court who doesn't vote according to the rules.