Terminated due to failure to comply with reasonable Board directions. Kristy's character is clearly that of a control freak narcissist, can't follow instructions from a competent Board.
Good luck getting another Job. You deserve this outcome.
This means whatever deals Dennis and Kristy had done for Distribution may be cut loose, as it sounds like there has been some "questionable transactions" - governance framework of the company to ensure that it aligns with ASX Corporate Governance Principles and best practice.
- strategic review of the global business with a particular focus on expenditure management and the Chinese market. The review is on track to be completed by 30 June 2023.
Revenue for FY23 is going to be a disaster. Marketing Spend will be slashed for FY24. Head Count will be slashed for FY24. Distribution deals will be reset for FY24. It's just more pain and suffering.
Ann: Bubs Australia Limited - CEO Termination, page-14
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