VOR 0.00% 39.5¢ vortiv limited

Contract extensions Australian Securities and Investments Commission, page-254

  1. 3,670 Posts.
    lightbulb Created with Sketch. 698
    A very reasonable assessment.

    "I liked the energy with which Geoff Lord ascended to the chairmanship at TNT, and the clear vision he bought and where they expected to get to. I didn't own TNT at the time, but that soon changed."
    Well done on seeing that opportunity.

    So therein lies the issue. We have an inexperienced CEO who has been expected to know how to run a public company essentially alone.
    The Chairman has not only started another business and moved to Queensland I believe but stood down from the board of TSI.
    This job is now Jeffs, even though it is well known he has zero interest in this business. (TSI)
    So what support or capabilities does the chairman now offer the CEO ?
    Where are the deals and contacts?
    The only thing I see, is a chairman who is not only a rent seeker but is infact the landlord of our Perth premises too. Little wonder a move to Sydney or Melbourne is a no no.
    We are being left behind by poor management. I don't want blood, I want change.
    I want us all to have success. Gary has more shares than anyone, yet prefers they not reach their potential.
    As the yanks say, go figure ?
    It's enough proof for me he has out stayed he's ability or comment.
 
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