Julius assumed the role of interim CEO following the resignation of the former MD so his appointment was decision by the current board. As highlighted on this forum he paid himself very handsomely in cash with no shares or performance rights part of his remuneration. Not sure if this sent the right signal to investors given the challenges faced by the company when his employment agreement was being negotiated. Not sure if the blame can be laid solely at his feet, or whether it's even his strategy that QIN has failed to execute, however he isn't exactly a leader that inspires much confidence. It was pretty clear at the AGM that he was happy to let Dalton Gooding hold the microphone for some of the challenging questions at the AGM (even the ones specifically directed at him and his performance). Julius mostly sat in silence with his head down for two hours. Not exactly a CEO leading from the front.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held