Conflict of Interest

Just did a bit of DD on Freddy and by the looks of it he runs a company that is in direct competition to
NVQ called Morphtec. Morphtech state that they doblockchain solutions for commercial applications including decarbonisation. On further investigation he seems to be the majority owner, they seem to have staff in the UK, Portugal and Vietnam and he is currently the acting CEO, why are we paying him $275k when he is the CEO of a competing company????? Whoever put Freddy in this position has serious questions to answer, does anyone else know anything about this???