Nothing earth shattering obviously than what has been stated before
Couple of things I don't like
- reimbursement of funds to CEO for things he has paid for on behalf of the company - that worries me, why is he using personal funds to buy thinks on the company behalf and getting them reimbursed - the company has plenty of cash why are these things just not paid for by the company? Also his salary has dropped considerably but this bit has gone up considerably?
- 4 Board meetings per year is too low a level of governance to me - should be monthly board meetings
Its the boards role to keep the CEO to account even when the CEO is the largest owner
Dazzler
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