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7.0¢ rhythm biosciences limited

Ann: 2024 EGM Notice of Meeting, page-79

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josiejow37

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19/01/24

15:50

Post #: 71967205
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Originally posted by 88888acct: ↑

Announcing the initiation of the CEO appointment process on November 15, 2023, but only advertising the position on LinkedIn Jobs on January 18 (64 days later), especially during the critical 249D period, raises concerns about the company's speed of execution and transparency.

Disregarding the apparent much longer delay (especially given OB's initial "short-term" executive appointment in Dec 2021 and subsequent extended tenure as the sole executive), the decision to post a job ad now appears untimely and poorly timed, especially amid the cloud of the 249D situation. How can they expect to attract high-caliber candidates until the ongoing issue is resolved.

Rather than relying on a job ad, a thorough and independent selection committee with international networks is crucial for a suitable candidate search. Had this process been actually initiated in November 2023 (or better still upon Glenn's resignation) and done independently, perhaps it could have prevented the need for a 249D.

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It's been public knowledge for some time that this CEO position is coming up, and quite likely of particular interest within relevant professional circles over the last 6 months. The Board are quite clear on the skill set required by the new CEO due to their newly formulated strategic plan, specifically the IVD/IVDR experience. Let the formalities commence...

RHY Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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Last 7.0¢		Change -0.003(4.11%)		Mkt cap ! $17.40M

Open	High	Low	Value	Volume
7.3¢	7.3¢	7.0¢	$2.527K	34.64K

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No.	Vol.	Price($)
1	5882	7.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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Ann: 2024 EGM Notice of Meeting, page-79

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Ann: 2024 EGM Notice of Meeting, page-79

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