Why has IME allowed its CEO (who's commitment is supposed to be full time focus on building IME's business) to build in parallel another business which he and another IME co-founder own?
Surely it takes a fair bit of time and energy to build a $9m revenue business. This has obviously been to the severe detriment to IME's business. One only has to look at the poor recurring sales revenue and the share price.
How the Board can even contemplate rewarding its CEO with $8.5m when he is 100% responsible for the performance of IME?
Ann: Acquisition of radiology service provider RIMAB SAS, page-24
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