Well, to address Kate's point, I think there is board fatigue. Absolutely we welcome multi-generations, but there has been a small pool of board members in the cultural domain, and you see a kind of musical chairs that has happened over the years of people who started being on boards in their forties. Now they're in their seventies and they're feeling that it's “time out; I'm done”. I really think it's more a fatigue factor, for people of that level.
On May 8th, 2018. See this statement in context.