Ann: Director Appointment Michael Medway, page-2

So now after endless years of poor financial management and with only months of cash left the company wants to add an accountant to the board now.

I have to ask, why now? This isn't a scientist or anybody who is likely to have the contacts in BP to help pull in a the fabled deal. Is this just to pad out the board before the threatened EGM to forcible insert others?

I admit I do find this system frustrating. The board just adds new board members willy nilly without any need for shareholder consent but reelection required a shareholder vote. Why do directors not need to be elected by shareholder in the first place? Its a strange system.