You are jumping to conclusions.
You must have seen ARU has taken many steps indicating they will develop FDN. That is not to say they will, but rather shows a different strategy to reach the same conclusion, that is sell to the highest bidder. IMO Patrick has a game plan & Keith has different ideas. As Buck pointed out it's no big deal to sit on a number of boards. If there is a pot at the end of this rainbow then Keith, if anyone, can see it. He has unlimited credit with his assets. IMO the most likely possibility is a difference of opinion with Patrick on some issue.